Snowflake (SNOW) SVP has 4,941 shares withheld to cover RSU tax

Rhea-AI Filing Summary

Snowflake Inc. SVP, Engineering and Support Vivek Raghunathan reported a tax-related share disposition. On March 9, 2026, a total of 4,941 shares of Common Stock were withheld at $180.48 per share to satisfy tax withholding obligations on the vesting of restricted stock units.

These Form 4 transactions are coded "F," meaning shares were delivered to cover taxes rather than sold in the open market. After these withholdings, Raghunathan directly holds 254,468 shares of Snowflake common stock.

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^*

Raghunathan Vivek

(Last) (First) (Middle)

C/O SNOWFLAKE INC.

135 CONSTITUTION DRIVE

(Street)

MENLO PARK CA 94025

(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)
	SVP, Engineering and Support

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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	03/09/2026		F(1)		4,398	D	$180.48	255,011(2)	D
Common Stock	03/09/2026		F(1)		543	D	$180.48	254,468(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	03/11/2026
	** 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 insider transaction did Snowflake (SNOW) report for Vivek Raghunathan?

Snowflake reported that SVP Vivek Raghunathan had 4,941 common shares withheld to cover tax obligations on RSU vesting. These Form 4 transactions were coded “F,” indicating tax-withholding dispositions rather than open-market sales, and were priced at $180.48 per share for tax purposes.

Did Snowflake executive Vivek Raghunathan sell SNOW shares on the open market?

The filing does not show open-market sales by Vivek Raghunathan. Instead, 4,941 shares were withheld by Snowflake to satisfy tax withholding on restricted stock unit vesting, reflected as code “F” dispositions, which are non-market transactions used to pay tax liabilities.

How many Snowflake shares does Vivek Raghunathan hold after this Form 4?

After the reported tax-withholding transactions, Vivek Raghunathan directly holds 254,468 shares of Snowflake common stock. This total reflects his remaining position following the delivery of 4,941 shares to cover RSU-related tax obligations on March 9, 2026.

What does transaction code "F" mean in the Snowflake (SNOW) Form 4?

Code “F” indicates payment of an exercise price or tax liability by delivering securities. In this Snowflake filing, it shows shares were withheld to satisfy tax withholding obligations tied to restricted stock unit vesting, not discretionary buying or selling in the market.

How many Snowflake shares were withheld for taxes from Vivek Raghunathan’s RSUs?

A total of 4,941 Snowflake common shares were withheld from Vivek Raghunathan’s vested restricted stock units. These shares, valued at $180.48 each for the transaction, were used to cover the associated tax withholding obligations instead of being sold on the open market.

Does the Snowflake Form 4 mention future RSU share issuances for Vivek Raghunathan?

A footnote states that Raghunathan’s holdings include shares to be issued upon the vesting of one or more restricted stock units. This means his reported position reflects both currently held shares and additional shares scheduled to be delivered as RSUs continue to vest.