Snowflake (NYSE: SNOW) CFO covers tax bill with 430 withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snowflake Inc.'s Chief Financial Officer Brian G. Robins reported a tax-related share disposition. On June 15, 2026, 430 shares of Snowflake common stock were withheld at $232.78 per share to cover tax obligations tied to the vesting of restricted stock units.
This was a tax-withholding disposition, not an open-market sale. After this withholding, Robins directly owned 148,546 shares of Snowflake common stock, which includes shares to be issued upon future restricted stock unit vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROBINS BRIAN G
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 430 | $232.78 | $100K |
Holdings After Transaction:
Common Stock — 148,546 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: 430 shares
Withholding price: $232.78 per share
Shares owned after transaction: 148,546 shares
+1 more
4 metrics
Shares withheld for taxes
430 shares
Tax-withholding disposition on June 15, 2026
Withholding price
$232.78 per share
Applied to 430 withheld shares
Shares owned after transaction
148,546 shares
Direct ownership following tax withholding
Tax-withholding share count
430 shares
TaxWithholdingShares in transaction summary
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition, Form 4, +2 more
6 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."
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.
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.
Chief Financial Officer financial
"officer_title: Chief Financial Officer"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
FAQ
What did Snowflake (SNOW) CFO Brian Robins report in this Form 4?
Snowflake CFO Brian G. Robins reported a tax-related share disposition. The company withheld 430 common shares to satisfy tax obligations from restricted stock unit vesting, rather than executing an open-market sale of shares.
Was the Snowflake (SNOW) CFO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. It was a tax-withholding disposition where 430 shares were withheld by the company to cover tax obligations arising from restricted stock unit vesting.