Snowflake (SNOW) CAO trims stake with 1,860-share open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snowflake Inc. Chief Accounting Officer Emily Ho reported an open-market sale of 1,860 shares of common stock. The shares were sold at an average price of $232.245 per share. After this transaction, she directly holds 41,283 shares, which the note says include shares to be issued upon vesting of restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,860 shares ($431,976)
Net Sell
1 txn
Insider
Ho Emily
Role
Chief Accounting Officer
Sold
1,860 shs ($432K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,860 | $232.245 | $432K |
Holdings After Transaction:
Common Stock — 41,283 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,860 shares
Sale price: $232.245 per share
Post-transaction holdings: 41,283 shares
3 metrics
Shares sold
1,860 shares
Open-market sale of Snowflake common stock
Sale price
$232.245 per share
Average price for the 1,860-share sale
Post-transaction holdings
41,283 shares
Direct ownership after the reported sale
Key Terms
open-market sale, restricted stock units, Chief Accounting Officer
3 terms
open-market sale financial
"reported an open-market sale of 1,860 shares of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock units financial
"includes shares to be issued in connection with the vesting of one or more restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Chief Accounting Officer financial
"Chief Accounting Officer Emily Ho reported an open-market sale"
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
FAQ
What insider transaction did Snowflake (SNOW) report for Emily Ho?
Snowflake reported that Chief Accounting Officer Emily Ho completed an open-market sale of 1,860 shares of common stock. The transaction reflects routine portfolio activity disclosed in a Form 4 insider filing with updated post-transaction holdings.
What role does Emily Ho hold at Snowflake (SNOW)?
Emily Ho serves as Snowflake’s Chief Accounting Officer, an executive officer role. Her Form 4 filing reflects insider ownership and transactions, providing transparency around equity movements by senior financial management at the company.
Does the Snowflake (SNOW) filing mention restricted stock units (RSUs)?
Yes. A footnote explains that Emily Ho’s reported holdings include shares to be issued upon vesting of one or more restricted stock units. RSUs are stock-based compensation that convert into shares as vesting conditions are met.