Snowflake Inc. (SNOW) CEO withholds 8,714 shares for RSU taxes

Rhea-AI Filing Summary

Snowflake Inc. Chief Executive Officer Ramaswamy Sridhar reported tax-withholding dispositions of 8,714 shares of Class A Common Stock on June 16, 2025, to satisfy obligations from vesting restricted stock units at $208.18 per share. After these events, he holds 377,794 shares directly and 1,923 shares indirectly through The Ramaswamy Trust.

Insights

Securities Analyst

TL;DR: Routine tax-related share withholding; neutral for Snowflake’s valuation.

The “F” code confirms these shares were surrendered to satisfy payroll taxes on RSU vesting—an administrative event rather than discretionary selling. Although 8,714 shares were removed from beneficial ownership, the CEO retains roughly 378 k shares, a stake worth about $78 million at the reported price and still material to align interests with shareholders. Because the disposition is non-cash and does not alter insider sentiment or signal operational issues, I assess the market impact as neutral.

Corporate Governance Specialist

TL;DR: No governance red flags; significant ownership alignment remains intact.

The filing adheres to Section 16 prompt-reporting requirements and clearly discloses tax-withholding transactions. With direct and indirect holdings nearing 380 k shares, the CEO’s equity exposure remains substantial, which generally promotes long-term decision-making in shareholders’ favor. No new Rule 10b5-1 plan is cited, and there are no unexplained sales or derivative trades. Therefore, I classify the disclosure as routine and not impactful to governance risk assessments.

Insider Trade Summary

Net Seller: 8,714 shares

Net Sell 3 txns

Insider Ramaswamy Sridhar

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	4,723	$208.18	$983K
Exercise Price or Tax Liability	Class A Common Stock	3,991	$208.18	$831K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 377,794 shares (Direct); Class A Common Stock — 1,923 shares (Indirect, Trust)

Footnotes (3)

1. F1. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
2. F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
3. 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: 8,714 shares Disposition price: $208.18 per share Direct holdings after transaction: 377,794 shares +3 more

6 metrics

Tax-withheld shares 8,714 shares Total shares withheld on June 16, 2025 to satisfy tax obligations from RSU vesting

Disposition price $208.18 per share Per-share value used for tax-withholding dispositions of Snowflake Class A Common Stock

Direct holdings after transaction 377,794 shares Direct Snowflake Class A Common Stock held by CEO Ramaswamy Sridhar after reported events

Indirect trust holdings 1,923 shares Snowflake shares held indirectly through The Ramaswamy Trust dated 1/8/2001

First tax-withholding lot 4,723 shares One portion of Snowflake Class A shares withheld for tax obligations on June 16, 2025

Second tax-withholding lot 3,991 shares Additional Snowflake shares withheld for tax obligations on the same date

Key Terms

restricted stock units, tax withholding obligations, Class A Common Stock, Trust

4 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."

Class A Common Stock financial

"Security title: Class A Common Stock reported for the CEO’s share dispositions."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 06/18/2025 - 07:01 PM Learn about SEC filing dates

FAQ

What insider transaction did Snowflake (SNOW) CEO Ramaswamy Sridhar report?

Ramaswamy Sridhar reported dispositions of 8,714 Snowflake Class A shares on June 16, 2025, at $208.18 per share. The shares were withheld to satisfy tax withholding obligations arising from the vesting of restricted stock units rather than a discretionary share sale.

How many Snowflake (SNOW) shares does CEO Ramaswamy Sridhar hold after the transactions?

Following these tax-withholding events, Sridhar holds 377,794 Snowflake Class A shares directly. He also has indirect ownership of 1,923 shares through The Ramaswamy Trust dated January 8, 2001, where he serves as trustee for the trust’s holdings.

What price was used for Snowflake (SNOW) CEO's tax-withholding share dispositions?

Both tax-withholding dispositions by Sridhar used a per-share value of $208.18 for Snowflake Class A Common Stock. This price applied to 4,723 shares and 3,991 shares withheld in connection with restricted stock unit vesting on June 16, 2025.

What triggered the Snowflake (SNOW) share withholding for CEO Ramaswamy Sridhar?

The share withholding was triggered by the vesting of restricted stock units held by Sridhar. Shares were delivered to satisfy tax withholding obligations, as described in the notes, rather than representing an open-market sale or new investment decision by the CEO.

How do restricted stock units affect Snowflake (SNOW) CEO Sridhar's reported holdings?

The reported position includes shares to be issued upon the vesting of one or more restricted stock units. This means Sridhar’s ownership reflects both currently held Snowflake Class A shares and additional shares that will be delivered as RSU awards vest over time.

How is indirect ownership reported for Snowflake (SNOW) CEO Ramaswamy Sridhar?

Indirect ownership is reported through The Ramaswamy Trust dated 1/8/2001, for which Sridhar is trustee. The Form 4 notes that 1,923 Snowflake Class A shares are held by this trust, distinguishing them from his larger direct shareholding position.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Ramaswamy Sridhar

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025

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
Class A Common Stock	06/16/2025		F(1)		4,723	D	$208.18	381,785(2)	D
Class A Common Stock	06/16/2025		F(1)		3,991	D	$208.18	377,794(2)	D
Class A Common Stock								1,923	I	Trust(3)

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.

3. The shares are held by The Ramaswamy Trust dated 1/8/2001, for which the Reporting Person is a trustee.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	06/18/2025
	** 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.