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Snowflake (SNOW) CRO granted 28,478 RSUs vesting quarterly over 4 years

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Snowflake Inc. reported that Chief Revenue Officer Michael S. Gannon received a grant of 28,478 shares of Common Stock in the form of restricted stock units at no purchase price. These RSUs will vest quarterly over four years, with 6.25% vesting on June 15, 2026 and on each Quarterly Vest Date thereafter, subject to his continuous service. Quarterly Vest Dates are March 15, June 15, September 15 and December 15. Following this award, he directly holds 346,836 shares, which include 226 shares acquired under a Section 423 Employee Stock Purchase Plan on March 12, 2026 and shares to be issued upon vesting of one or more restricted stock units.

Positive

  • None.

Negative

  • None.
Insider Gannon Michael S
Role Chief Revenue Officer
Type Security Shares Price Value
Grant/Award Common Stock 28,478 $0.00 --
Holdings After Transaction: Common Stock — 346,836 shares (Direct)
Footnotes (1)
  1. The shares represent restricted stock units, which will vest quarterly over four years with 6.25% vesting on June 15, 2026 and on each Quarterly Vest Date thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Vest Dates are each of March 15, June 15, September 15, and December 15. Includes (i) 226 shares acquired under a Section 423 Employee Stock Purchase Plan on March 12, 2026 and (ii) shares to be issued in connection with the vesting of one or more restricted stock units.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gannon Michael S

(Last)(First)(Middle)
C/O SNOWFLAKE INC.
135 CONSTITUTION DRIVE

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Revenue Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/20/2026A(1)28,478A$0346,836(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares represent restricted stock units, which will vest quarterly over four years with 6.25% vesting on June 15, 2026 and on each Quarterly Vest Date thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Vest Dates are each of March 15, June 15, September 15, and December 15.
2. Includes (i) 226 shares acquired under a Section 423 Employee Stock Purchase Plan on March 12, 2026 and (ii) shares to be issued in connection with the vesting of one or more restricted stock units.
Remarks:
/s/ Marie Reider, Attorney-in-Fact03/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Snowflake (SNOW) report for Michael S. Gannon?

Snowflake reported a stock-based compensation grant to Chief Revenue Officer Michael S. Gannon. He received 28,478 restricted stock units of Common Stock at no purchase price, increasing his direct holdings and aligning compensation with long-term company performance through future vesting.

How many Snowflake shares were granted to the CRO in this Form 4?

The filing shows a grant of 28,478 restricted stock units of Snowflake Common Stock to Chief Revenue Officer Michael S. Gannon. These RSUs represent potential future shares that will be delivered only as they vest over the specified four-year schedule.

What is the vesting schedule for Michael S. Gannon’s new Snowflake RSUs?

The RSUs vest quarterly over four years, with 6.25% vesting on June 15, 2026 and on each Quarterly Vest Date thereafter. Quarterly Vest Dates are March 15, June 15, September 15 and December 15, and vesting requires continued service through each date.

How many Snowflake shares does Michael S. Gannon hold after this grant?

After the reported grant, Gannon directly holds 346,836 shares of Snowflake Common Stock. This total includes 226 shares acquired under a Section 423 Employee Stock Purchase Plan and shares that will be issued upon vesting of one or more restricted stock units.

Are the newly granted Snowflake RSUs an open-market purchase or compensation?

The 28,478 Snowflake RSUs are a compensation-related grant, reported with transaction code “A” for grant or award. They were issued at a price of $0.00 per share and will vest over time, rather than being bought on the open market.
Snowflake Inc

NYSE:SNOW

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