Snowflake (NYSE: SNOW) CRO covers RSU tax bill with 7,875 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snowflake Inc.’s Chief Revenue Officer Jonathan Mead Beaulier reported two Form 4 transactions dated June 15, 2026, where a total of 7,875 shares of Common Stock were withheld at $232.78 per share to cover tax obligations on vesting restricted stock units. These are tax-withholding dispositions, not open-market trades, and he continues to hold a significant direct equity position in Snowflake.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Beaulier Jonathan Mead
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 100 | $232.78 | $23K |
| Tax Withholding | Common Stock | 7,775 | $232.78 | $1.81M |
Holdings After Transaction:
Common Stock — 251,933 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: 7,875 shares
Transaction price per share: $232.78 per share
First tax-withholding block: 7,775 shares
+4 more
7 metrics
Shares withheld for taxes
7,875 shares
Tax withholding on RSU vesting, June 15, 2026
Transaction price per share
$232.78 per share
Valuation used for tax-withholding dispositions
First tax-withholding block
7,775 shares
Common Stock, F-code disposition on June 15, 2026
Second tax-withholding block
100 shares
Common Stock, F-code disposition on June 15, 2026
Direct holdings after first entry
244,158 shares
Total Common Stock directly owned following one transaction line
Direct holdings after second entry
251,933 shares
Total Common Stock directly owned following the other transaction line
Tax-withholding transaction count
2 transactions
F-code dispositions on June 15, 2026
Key Terms
tax withholding obligations, restricted stock units, tax-withholding disposition, Common Stock, +1 more
5 terms
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units."
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 disposition financial
"transaction_action: tax-withholding disposition for Common Stock on June 15, 2026"
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.
Common Stock financial
"security_title: Common Stock for both non-derivative transactions"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) for Snowflake Inc."
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.
FAQ
What did Snowflake (SNOW) executive Jonathan Mead Beaulier report on this Form 4?
Jonathan Mead Beaulier reported share dispositions used to cover tax obligations on vested restricted stock units. The filing shows company shares withheld rather than an open-market sale, reflecting routine compensation-related tax handling for Snowflake’s Chief Revenue Officer.
Does this Snowflake (SNOW) Form 4 show an open-market sale by the CRO?
The Form 4 does not show an open-market sale by the CRO. Instead, it reports F-code tax-withholding dispositions, meaning shares were delivered back to satisfy tax liabilities on RSU vesting, a common non-discretionary feature of equity compensation.
What type of equity award is involved in this Snowflake (SNOW) Form 4 filing?
The filing involves restricted stock units that vested for the Chief Revenue Officer. Upon vesting, Snowflake withheld 7,875 common shares to cover associated tax obligations, as noted in the footnote specifying that these shares relate to RSU vesting events.