Snowflake CEO granted 55,189 RSUs
Snowflake Inc.'s Chief Executive Officer, Sridhar Ramaswamy, reported routine equity compensation and related tax withholding transactions in company common stock.
Rhea-AI Filing Summary
Snowflake Inc.'s Chief Executive Officer, Sridhar Ramaswamy, reported routine equity compensation and related tax withholding transactions in company common stock. On March 20, 2026, he received a grant of 55,189 restricted stock units, increasing his direct holdings to 488,744 shares of common stock.
On the same date, a total of 4,427 shares of common stock were withheld to satisfy tax obligations tied to vesting restricted stock units, at a reference price of $175.40 per share. In addition to his direct holdings, 1,923 shares are held indirectly through The Ramaswamy Trust dated January 8, 2001, for which he serves as trustee.
The newly granted restricted stock units will vest quarterly over four years, with 6.25% vesting on June 15, 2026 and on each quarterly vest date thereafter, assuming his continuous service. Vesting dates are March 15, June 15, September 15, and December 15.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,415 | $175.40 | $599K |
| Exercise Price or Tax Liability | Common Stock | 1,012 | $175.40 | $178K |
| Grant/Award | Common Stock | 55,189 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- 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 represent restricted stock units, which will vest quarterly over four years with 6.25% vesting on June 15, 2026 and on each Quarterly Vest Date thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Vest Dates are each of March 15, June 15, September 15, and December 15.
- F4. The shares are held by The Ramaswamy Trust dated 1/8/2001, for which the Reporting Person is a trustee.
FAQ
What did Snowflake (SNOW) CEO Sridhar Ramaswamy report in this Form 4?
What is the vesting schedule for the CEO’s new Snowflake (SNOW) RSU grant?
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