[Form 4] Snowflake Inc. Insider Trading Activity

Rhea-AI Filing Summary

Emily Ho, Chief Accounting Officer of Snowflake Inc. (SNOW), reported two dispositions of common stock related to restricted stock unit vesting. The Form 4 shows two transactions with shares withheld to satisfy tax withholding obligations at a reported price of $225.58 per share, reducing her beneficial holdings to 34,931 and 34,749 shares on the respective lines. The filing notes that the reported shares include shares to be issued in connection with the vesting of one or more restricted stock units.

The report was submitted by an attorney-in-fact on behalf of the reporting person. No other derivative transactions, option exercises, or new grants are disclosed in this filing.

Positive

• Dispositions were solely for tax withholding on RSU vesting, indicating no open-market selling beyond required withholdings
• Reporting shows continued significant insider ownership, with beneficial holdings reported in the mid-30,000 share range

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine tax-withholding dispositions tied to RSU vesting; not a directional sale signal.

The filing documents two small dispositions executed to satisfy tax withholding on restricted stock unit vesting, each reported at $225.58 per share. The transactions do not represent open-market sales beyond withholding and therefore are unlikely to change the company ownership picture materially. Reported post-transaction beneficial ownership remains in the mid-30,000 share range, indicating continued insider alignment with shareholder outcomes.

Corporate Governance Expert

TL;DR: Compliance-focused Form 4 showing standard RSU tax withholding; governance signal is neutral.

The Form 4 reflects compliance with Section 16 reporting for an officer. The noted dispositions are explicitly described as share withholding to cover taxes on RSU vesting, a common administrative practice that does not indicate active portfolio rebalancing or reduction in insider exposure. The use of an attorney-in-fact to file is routine and properly executed in this instance.

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
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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)
09/08/2025

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	09/08/2025		F(1)		169	D	$225.58	34,931(2)	D
Common Stock	09/08/2025		F(1)		182	D	$225.58	34,749(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	09/10/2025
	** 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 did the Form 4 filed for SNOW report?

It reported two dispositions of common stock by Emily Ho tied to tax withholding on RSU vesting, each at a reported price of $225.58 per share.

Who is the reporting person on the SNOW Form 4?

The reporting person is Emily Ho, identified as Chief Accounting Officer of Snowflake Inc.

How many shares did the reporting person beneficially own after the transactions?

The filing shows post-transaction beneficial ownership reported as 34,931 shares on one line and 34,749 shares on the other line.

Were any derivative transactions or option exercises reported on this Form 4 for SNOW?

No. Table II for derivative securities contains no entries; the filing discloses only non-derivative share dispositions related to RSU withholding.

Was the Form 4 signed by the reporting person?

The filing was executed and submitted by an attorney-in-fact on behalf of the reporting person.