Were Snowflake SVP Vivek Raghunathan’s SNOW share sales under a 10b5-1 plan?

Yes. The filing states the 3,876-share sale was executed under a Rule 10b5-1 trading plan. That plan was adopted on December 31, 2025, indicating the transaction was pre-arranged rather than timed opportunistically by the insider.

Snowflake (NYSE: SNOW) SVP sells 3,876 shares as RSU taxes withheld

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Snowflake Inc. senior vice president of engineering Vivek Raghunathan reported several common stock transactions. On June 16, 2026, he completed an open‑market sale of 3,876 shares at $240.00 per share under a pre‑arranged Rule 10b5‑1 trading plan.

On June 15, 2026, a total of 8,914 shares were disposed of at $232.78 per share to satisfy tax withholding obligations tied to the vesting of restricted stock units. Following these transactions, he directly holds 258,689 shares of Snowflake common stock, a figure that includes shares to be issued upon future RSU vesting.

Insider Trade Summary 10b5-1

Net Seller: 3,876 shares ($930,240)

Net Sell 3 txns

Insider Raghunathan Vivek

Role SVP, Engineering

Sold 3,876 shs ($930K)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,876	$240.00	$930K
Tax Withholding	Common Stock	7,840	$232.78	$1.82M
Tax Withholding	Common Stock	1,074	$232.78	$250K

Holdings After Transaction: Common Stock — 258,689 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. The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 31, 2025.

Key Figures

Open-market sale: 3,876 shares Sale price: $240.00 per share Tax-withholding shares: 8,914 shares +4 more

7 metrics

Open-market sale 3,876 shares Common Stock sold on June 16, 2026

Sale price $240.00 per share Price for 3,876-share open-market sale

Tax-withholding shares 8,914 shares Shares disposed on June 15, 2026 for RSU tax withholding

Tax-withholding price $232.78 per share Value used for RSU tax-withholding dispositions

Post-transaction holdings 258,689 shares Common Stock directly owned after transactions, including RSU-related shares

Tax-withholding total events 2 transactions Code F dispositions for RSU-related tax obligations

Net open-market activity 3,876 net shares sold Net buy/sell direction reported as net-sell

Key Terms

restricted stock units, tax withholding obligations, Rule 10b5-1 trading plan, open-market sale, +1 more

5 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."

Rule 10b5-1 trading plan financial

"The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 31, 2025."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

tax-withholding disposition financial

"transaction_action: tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

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Form 4 Insider Transactions: What Each Field Means →

06/17/2026 - 08:37 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^*

Raghunathan Vivek

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

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	06/15/2026		F⁽¹⁾		7,840	D	$232.78	263,639⁽²⁾	D
Common Stock	06/15/2026		F⁽¹⁾		1,074	D	$232.78	262,565⁽²⁾	D
Common Stock	06/16/2026		S⁽³⁾		3,876	D	$240	258,689⁽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. 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 sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 31, 2025.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	06/17/2026
	** 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 transactions did Snowflake (SNOW) executive Vivek Raghunathan report?

Vivek Raghunathan reported selling 3,876 Snowflake common shares at $240.00 each in an open-market trade. He also had 8,914 shares disposed at $232.78 to cover tax withholding on restricted stock unit vesting, leaving 258,689 shares directly owned.

At what price did Snowflake SVP Vivek Raghunathan sell his SNOW shares?

He sold 3,876 Snowflake common shares at $240.00 per share in an open-market transaction. Separate tax-withholding dispositions occurred at $232.78 per share related to restricted stock unit vesting, according to the reported Form 4 transactions.

How many Snowflake (SNOW) shares does Vivek Raghunathan own after the reported Form 4?

After the reported transactions, he directly owns 258,689 Snowflake common shares. This total includes shares that will be issued in connection with vesting of one or more restricted stock units, as disclosed in the filing footnotes.

Why were some of Vivek Raghunathan’s Snowflake shares disposed of at $232.78?

Those dispositions reflect 8,914 shares withheld to satisfy tax obligations on vesting restricted stock units. The shares were valued at $232.78 each and represent a tax-withholding mechanism, not open-market selling activity by the executive.