Snowflake SVP has 3,603 shares withheld for tax
Snowflake SVP of Engineering had shares withheld to cover taxes on RSU vesting, with direct holdings reported at 236,850 shares after the transaction.
Rhea-AI Filing Summary
Snowflake Inc. (SNOW) reported that SVP, Engineering Vivek Raghunathan had 3,603 shares of common stock withheld on September 21, 2026 to satisfy tax withholding obligations related to vesting restricted stock units. The withholding, at a reference price of $332.43 per share, left him with 236,850 shares held directly, including shares to be issued upon future RSU vesting. No Rule 10b5-1 trading plan is indicated.
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Insights
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Insider Trade Summary
Tax Withholding: 3,603 shares
Tax Withholding
1 txn
Insider
Raghunathan Vivek
Role
SVP, Engineering
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 3,603 | $332.43 | $1.20M |
Holdings After Transaction:
Common Stock — 236,850 shares (Direct)
Footnotes (2)
- F1. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
- F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
Key Figures
Shares withheld for taxes: 3,603 shares
Reference price per share: $332.43 per share
Shares held after transaction: 236,850 shares
+2 more
5 metrics
Shares withheld for taxes
3,603 shares
Withheld on September 21, 2026 to satisfy tax withholding obligations on RSU vesting
Reference price per share
$332.43 per share
Applied to the 3,603-share tax-withholding disposition
Shares held after transaction
236,850 shares
Direct holdings of Vivek Raghunathan after September 21, 2026 transaction, including shares to be issued upon RSU vesting
Transaction type
Payment of tax liability by delivering or withholding securities
Form 4 transaction code F for 3,603 shares of common stock
Transactions disposing shares
1 transaction, 3,603 shares
Summary of exercise-price-or-tax-liability related disposition reported in this Form 4
Key Terms
restricted stock units, tax withholding obligations, Payment of tax liability by delivering or withholding securities
3 terms
restricted stock units financial
"Represents shares withheld to satisfy tax withholding obligations on the vesting of 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.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units"
Payment of tax liability by delivering or withholding securities financial
"transaction code description is Payment of tax liability by delivering or withholding securities"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SNOW report for SVP Engineering Vivek Raghunathan?
Snowflake reported that 3,603 shares of common stock were withheld on September 21, 2026 to satisfy tax withholding obligations from vesting restricted stock units, rather than an open-market sale.
Was the Snowflake (SNOW) Form 4 transaction an open-market sale?
No. The Form 4 states the 3,603 shares were withheld to satisfy tax withholding obligations on vesting restricted stock units, categorized as payment of tax liability, not as a market sale.
Was a Rule 10b5-1 trading plan used for this SNOW insider transaction?
No. The filing’s 10b5-1 checkbox is not affirmed, and no footnote indicates that the 3,603-share tax-withholding transaction was executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.