Snowflake (NYSE: SNOW) SVP has 3,603 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snowflake Inc. senior vice president of engineering Vivek Raghunathan reported a tax-related share disposition. On June 22, 2026, 3,603 shares of common stock were withheld at $232.29 per share to satisfy tax withholding obligations tied to vesting restricted stock units. After this non‑market transaction, he directly held 255,086 Snowflake common shares, which includes shares to be issued upon future RSU vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Raghunathan Vivek
Role
SVP, Engineering
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,603 | $232.29 | $837K |
Holdings After Transaction:
Common Stock — 255,086 shares (Direct, null)
Footnotes (1)
- Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units. 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
Withholding price per share: $232.29 per share
Shares held after transaction: 255,086 shares
3 metrics
Shares withheld for taxes
3,603 shares
Tax withholding on RSU vesting, June 22, 2026
Withholding price per share
$232.29 per share
Value used for 3,603 withheld shares
Shares held after transaction
255,086 shares
Direct Snowflake common stock holdings after withholding
Key Terms
restricted stock units, tax withholding obligations, Form 4, Common Stock
4 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."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Snowflake (SNOW) SVP Vivek Raghunathan report?
He reported a tax-related share disposition. 3,603 Snowflake common shares were withheld on June 22, 2026 to cover tax obligations from vesting restricted stock units, rather than being sold in the open market.
What do the restricted stock unit footnotes in the Snowflake Form 4 mean?
They explain that 3,603 shares were withheld to meet tax obligations on RSU vesting and that the reported direct holdings also include shares that will be issued when one or more restricted stock units vest in the future.