Snowflake (NYSE: SNOW) CEO updates holdings after RSU tax share withholding

Rhea-AI Filing Summary

Snowflake Inc.’s chief executive officer and director reported a routine equity transaction. On 12/08/2025, 1,334 shares of Snowflake common stock were disposed of at $228.79 per share, with the filing stating this represented shares withheld to cover tax obligations related to vesting restricted stock units.

After this withholding, the reporting person beneficially owns 362,246 shares of Snowflake common stock directly, and an additional 1,923 shares are held indirectly through a trust for which the reporting person serves as trustee. The filing is made by one reporting person and reflects ongoing equity-based compensation rather than an open-market sale.

SEC Form 4

FORM 4

UNITED 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

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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^*

Ramaswamy Sridhar

(Last) (First) (Middle)

C/O SNOWFLAKE INC.

106 EAST BABCOCK STREET, SUITE 3A

(Street)

BOZEMAN MT 59715

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/08/2025		F(1)		1,334	D	$228.79	362,246(2)	D
Common Stock								1,923	I	Trust(3)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.

2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.

3. The shares are held by The Ramaswamy Trust dated 1/8/2001, for which the Reporting Person is a trustee.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	12/10/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Snowflake (SNOW) disclose in this Form 4?

The filing reports that on 12/08/2025, Snowflake’s chief executive officer and director had 1,334 shares of common stock disposed of at $228.79 per share, identified as shares withheld to satisfy tax obligations on vesting restricted stock units.

Was the Snowflake (SNOW) Form 4 transaction an open-market sale?

No. The explanation states the 1,334 shares were withheld to satisfy tax withholding obligations upon vesting of restricted stock units, rather than being sold in an open-market transaction.

How many Snowflake (SNOW) shares does the insider own after the reported transaction?

Following the transaction, the reporting person beneficially owns 362,246 Snowflake common shares directly and 1,923 shares indirectly through a trust.

What is the reporting person’s role at Snowflake (SNOW)?

The reporting person is listed as both a director and an officer, with the officer title specified as Chief Executive Officer of Snowflake Inc.

What does the trust holding Snowflake (SNOW) shares represent?

The filing notes that 1,923 Snowflake shares are held by The Ramaswamy Trust dated 1/8/2001, for which the reporting person serves as trustee, and these are reported as indirect beneficial ownership.

Does this Snowflake (SNOW) Form 4 involve derivative securities?

The section for derivative securities is present but does not list any acquired or disposed derivative securities; the transaction disclosed relates to common stock tied to vesting restricted stock units.