Snowflake CFO has 5,281 shares withheld for taxes
Snowflake’s CFO had 5,281 SNOW shares withheld to cover taxes on RSU vesting, not as an open‑market sale.
Rhea-AI Filing Summary
Snowflake Inc. (SNOW) reported that Chief Financial Officer Brian G. Robins had shares of common stock withheld on September 8, 2026 to cover tax obligations from restricted stock unit vesting. Two tax-withholding dispositions totaled 5,281 shares at a reference price of $337.18 per share, and no Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
Tax Withholding: 5,281 shares
Tax Withholding
2 txns
Insider
ROBINS BRIAN G
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 4,915 | $337.18 | $1.66M |
| Tax Withholding | Common Stock F1, F2 | 366 | $337.18 | $123K |
Holdings After Transaction:
Common Stock — 143,265 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 (first transaction): 4,915 shares
Shares withheld (second transaction): 366 shares
Total shares withheld for taxes: 5,281 shares
+1 more
4 metrics
Shares withheld (first transaction)
4,915 shares
Common Stock withheld on September 8, 2026 to cover tax on RSU vesting
Shares withheld (second transaction)
366 shares
Additional Common Stock withheld on September 8, 2026 for tax on RSU vesting
Total shares withheld for taxes
5,281 shares
Sum of two code F tax-withholding dispositions reported for September 8, 2026
Reference price per share
$337.18 per share
Per-share value used for both tax-withholding entries on September 8, 2026
Key Terms
restricted stock units, tax withholding obligations, shares withheld
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"
FAQ
What insider transaction did Snowflake (SNOW) disclose for its CFO?
Snowflake disclosed that CFO Brian G. Robins had 5,281 shares of common stock withheld on September 8, 2026 to satisfy tax withholding obligations related to vesting restricted stock units, rather than executing an open-market sale.
Were the Snowflake (SNOW) CFO’s transactions part of a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked, and the only transactions reported are code F tax-withholding dispositions tied to restricted stock unit vesting, not trades under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.