Snowflake Executive Holdings Revealed: CFO Holds Massive Stock Options at $8.88
Rhea-AI Filing Summary
Snowflake CFO Michael Scarpelli reported multiple transactions and holdings in a Form 4 filing dated June 28, 2025. The key transactions include:
On June 16, 2025, Scarpelli disposed of 3,050 shares of Class A Common Stock at $208.18 per share through tax withholding on vested RSUs. Following these transactions, he directly owns 288,773 shares.
The filing also reveals substantial indirect holdings through various trusts:
- Three 2020 Fintail GST Exempt Trusts holding 17,617 shares each for his children
- Three Irrevocable Trusts from 2019 GRAT holding 176,829 shares each
- Scarpelli Family Trust holding 167,521 shares
Additionally, Scarpelli holds significant stock options: 1,319,299 shares at $8.88 (fully vested) and 69,569 shares at $207.56 (vesting monthly since March 2022).
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,050 shares
Net Sell
15 txns
Insider
Scarpelli Michael
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 1,581 | $208.18 | $329K |
| Exercise Price or Tax Liability | Class A Common Stock | 1,469 | $208.18 | $306K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 288,773 shares (Direct);
Stock Option (Right to Buy) — 1,388,868 shares (Direct);
Class A Common Stock — 759,124 shares (Indirect, Trust);
Class A Common Stock — 34,364 shares (Indirect, Spouse)
Footnotes (15)
- 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.
- F3. The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 1 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
- F4. The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 2 dated 12/29/2020 for which the Reporting Persons' child is the beneficiary.
- F5. The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 3 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
- F6. The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 1 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
- F7. The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 2 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
- F8. The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 3 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
- F9. Irrevocable Trust f/b/o Child 1 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019.
- F10. Irrevocable Trust f/b/o Child 2 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019.
- F11. Irrevocable Trust f/b/o Child 3 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019.
- F12. The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.
- F13. The stock option is fully vested.
- F14. The Reporting Person is not reporting any transactions relating to his stock options for the Issuer's Class A Common Stock and is voluntarily reporting his outstanding stock options as of the date of this report.
- F15. The shares subject to the option vest in 48 equal monthly installments beginning on March 8, 2022, subject to the Reporting Person's continuous service through each such vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is the vesting schedule for SNOW CFO Scarpelli's $207.56 stock options?
The stock options with an exercise price of $207.56 vest in 48 equal monthly installments beginning on March 8, 2022, subject to Scarpelli's continuous service through each vesting date. These options expire on March 8, 2032.