Snowflake (SNOW) director receives 1,273 restricted stock units award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Scannell William F reported acquisition or exercise transactions in this Form 4 filing.

Snowflake director William F. Scannell received a grant of 1,273 shares of common stock in the form of restricted stock units at no cash price, increasing his direct holdings to 7,136 shares. These units vest in full on the earlier of the 2027 annual stockholder meeting or the first anniversary of the grant date, subject to his continued board service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Scannell William F

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,273	$0.00	--

Holdings After Transaction: Common Stock — 7,136 shares (Direct, null)

Footnotes (1)

The shares represent restricted stock units, which will vest in full on the earlier of (i) the date of the annual meeting of the Issuer's stockholders to be held in 2027 (or the date immediately prior to such meeting if the Reporting Person's service as a director ends at such meeting due to the Reporting Person's failure to be re-elected or the Reporting Person not standing for re-election), or (ii) the first anniversary of the date of grant; subject to the Reporting Person's continued service through such date. Includes shares to be issued in connection with the vesting of one or more restricted stock units.

Key Figures

RSU grant: 1,273 shares Post-transaction holdings: 7,136 shares Grant price: $0.00 per share +1 more

4 metrics

RSU grant 1,273 shares Restricted stock units granted to director on transaction date

Post-transaction holdings 7,136 shares Total common shares directly held after grant

Grant price $0.00 per share Equity compensation, no cash paid for RSU grant

Vesting condition Earlier of 2027 meeting or 1-year RSUs vest on earlier of 2027 annual meeting or grant’s first anniversary, subject to continued service

Key Terms

restricted stock units, annual meeting of the Issuer's stockholders, vesting

3 terms

restricted stock units financial

"The shares represent restricted stock units, which will vest in full on the earlier of..."

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.

annual meeting of the Issuer's stockholders financial

"the date of the annual meeting of the Issuer's stockholders to be held in 2027..."

vesting financial

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

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 07:36 PM Accepted by SEC EDGAR 07/01/2026 - 07:35 PM

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

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^*

Scannell William F

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026

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

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/29/2026		A⁽¹⁾		1,273	A	$0	7,136⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The shares represent restricted stock units, which will vest in full on the earlier of (i) the date of the annual meeting of the Issuer's stockholders to be held in 2027 (or the date immediately prior to such meeting if the Reporting Person's service as a director ends at such meeting due to the Reporting Person's failure to be re-elected or the Reporting Person not standing for re-election), or (ii) the first anniversary of the date of grant; subject to the Reporting Person's continued service through such date.

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

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	07/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Snowflake (SNOW) director William F. Scannell report?

William F. Scannell reported receiving 1,273 shares of Snowflake common stock as restricted stock units. The award is a stock-based compensation grant, not an open-market purchase, and was reported as an acquisition under transaction code A on the insider form.

How many Snowflake shares does William F. Scannell hold after this Form 4?

After the grant, William F. Scannell directly holds 7,136 Snowflake common shares. This total includes the newly awarded 1,273 restricted stock units, which are scheduled to vest in the future, subject to his continued service as a director on the company’s board.

When will William F. Scannell’s 1,273 Snowflake restricted stock units vest?

The 1,273 restricted stock units will vest in full on the earlier of Snowflake’s 2027 annual stockholder meeting or the first anniversary of the grant date. Vesting is conditional on Scannell’s continued service as a director through the applicable vesting date.

Did William F. Scannell buy Snowflake shares in the open market?

No, William F. Scannell did not buy shares in the open market. The Form 4 shows a grant of 1,273 restricted stock units at a price of $0.00 per share, reflecting equity compensation rather than a discretionary cash purchase on the public market.

What does transaction code A mean in this Snowflake Form 4 filing?

Transaction code A in this Snowflake Form 4 indicates a grant, award, or other acquisition. Here, it reflects the award of 1,273 restricted stock units to director William F. Scannell as part of his compensation, not an open-market trading transaction.