Snowflake CEO shares withheld for RSU taxes
Snowflake Inc. CEO Sridhar Ramaswamy reported routine share withholding for taxes tied to restricted stock unit vesting.
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Form Type
4
Rhea-AI Filing Summary
Snowflake Inc. CEO Sridhar Ramaswamy reported routine share withholding for taxes tied to restricted stock unit vesting. On 2026-06-22, a total of 4,427 common shares were disposed of to satisfy tax obligations. Following these transactions, he holds 474,092 common shares directly and 1,923 shares indirectly through The Ramaswamy Trust.
Insider Trade Summary
Exercise Price or Tax Liability: 4,427 shares
Exercise Price or Tax Liability
3 txns
Insider
Ramaswamy Sridhar
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,415 | $232.29 | $793K |
| Exercise Price or Tax Liability | Common Stock | 1,012 | $232.29 | $235K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 474,092 shares (Direct);
Common Stock — 1,923 shares (Indirect, Trust)
Footnotes (3)
- 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 Ramaswamy Trust dated 1/8/2001, for which the Reporting Person is a trustee.
Key Figures
Tax-withheld shares (lot 1): 1,012 shares
Tax-withheld shares (lot 2): 3,415 shares
Total tax-withheld shares: 4,427 shares
+3 more
6 metrics
Tax-withheld shares (lot 1)
1,012 shares
Common Stock, F code at $232.2900 on June 22, 2026
Tax-withheld shares (lot 2)
3,415 shares
Common Stock, F code at $232.2900 on June 22, 2026
Total tax-withheld shares
4,427 shares
Shares delivered to satisfy tax obligations on RSU vesting
Direct holdings after transactions
475,104 shares
Common Stock directly owned after June 22, 2026 dispositions
Indirect holdings via trust
1,923 shares
Common Stock held by The Ramaswamy Trust dated 1/8/2001
Tax-withholding price per share
$232.2900/share
Price used for F-code tax-withholding dispositions on June 22, 2026
Key Terms
restricted stock units, tax withholding obligations, indirect, Trust, +1 more
5 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."
indirect financial
"total_shares_following_transaction: "1923.0000" ... ownership_type: "indirect""
Trust financial
"The shares are held by The Ramaswamy Trust dated 1/8/2001, for which the Reporting Person is a trustee."
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" with transaction code "F""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Snowflake (SNOW) report for CEO Sridhar Ramaswamy?
Snowflake reported that CEO Sridhar Ramaswamy had shares withheld to cover tax obligations on vested restricted stock units. These were coded as tax-withholding dispositions, not open-market purchases or sales, and are part of routine equity compensation administration.
Were the Snowflake CEO’s Form 4 transactions open-market trades?
The transactions were not open-market trades. They are coded as “F” transactions, meaning shares were delivered to pay tax liabilities tied to restricted stock unit vesting, a standard method for handling equity compensation taxes rather than discretionary market activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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