Snowflake CRO awarded 28,478 restricted stock units
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.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,478 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
What insider transaction did Snowflake (SNOW) report for Michael S. Gannon?
What is the vesting schedule for Michael S. Gannon’s new Snowflake RSUs?
Are the newly granted Snowflake RSUs an open-market purchase or compensation?
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