[Form 4] Snowflake Inc. Insider Trading Activity

Rhea-AI Filing Summary

Emily Ho, Chief Accounting Officer of Snowflake Inc. (SNOW), reported a sale of 251 shares of Snowflake common stock on 09/15/2025 at a price of $221.15 per share. After the reported transaction, Ms. Ho beneficially owned 34,498 shares, which the filing notes includes shares to be issued upon restricted stock unit vesting. The filing states the 251 shares were withheld to satisfy tax withholding obligations related to RSU vesting.

Insights

Corporate Governance Expert

TL;DR: Routine insider tax-withholding sale tied to RSU vesting; not a signal of changing control or governance.

The Form 4 shows a small, specified disposition of 251 shares executed to satisfy tax-withholding on vested restricted stock units. The reporting person is an officer, and the filing discloses the post-transaction beneficial ownership of 34,498 shares, including upcoming RSU issuances. This is a standard, non-discretionary transaction related to compensation mechanics rather than an open-market sale for liquidity or other strategic reasons.

Securities Analyst

TL;DR: The transaction is minor in size and tied to compensation; it is unlikely to be material to SNOW's equity valuation.

The 251-share disposition at $221.15 per share represents a small absolute value and is documented as tax withholding. The filing provides clear counts for beneficial ownership including pending RSU issuances, which aids transparency. No additional market-moving details, such as large open-market sales or plan-based 10b5-1 activity, are disclosed.

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

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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^*

Ho Emily

(Last) (First) (Middle)

C/O SNOWFLAKE INC.

106 EAST BABCOCK STREET, SUITE 3A

(Street)

BOZEMAN MT 59715

(City) (State) (Zip)

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)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/15/2025		F(1)		251	D	$221.15	34,498(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	09/17/2025
	** 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.

FAQ

What transaction did Emily Ho report on the SNOW Form 4?

She reported a sale of 251 shares of Snowflake common stock on 09/15/2025 at $221.15 per share, listed as tax-withholding related to RSU vesting.

How many Snowflake shares does Emily Ho beneficially own after the transaction?

34,498 shares beneficially owned following the reported transaction; the filing notes this includes shares to be issued from RSU vesting.

Why were 251 shares disposed of according to the filing?

The filing states the shares were withheld to satisfy tax withholding obligations on the vesting of restricted stock units.

What is Emily Ho's role at Snowflake as listed on the Form 4?

Chief Accounting Officer and an officer of the issuer; the filing also indicates her reporting status as a single reporting person.

When was the Form 4 signed and filed?

The signature by an attorney-in-fact, Marie Reider, is dated 09/17/2025 on the submitted Form 4.