Snowflake CEO has 5,710 shares withheld for tax

Snowflake’s CEO had shares withheld to cover taxes on RSU vesting, with additional shares held indirectly via a trust.

Rhea-AI Filing Summary

Snowflake Inc. (SNOW) reported that Chief Executive Officer Sridhar Ramaswamy had a total of 5,710 shares of common stock withheld on September 15, 2026, at $332.35 per share to satisfy tax withholding obligations arising from the vesting of restricted stock units. The filing notes these entries represent payment of tax liability by delivering or withholding securities and that some reported amounts include shares to be issued upon RSU vesting. Separately, 1,923 shares of common stock are held indirectly through The Ramaswamy Trust dated January 8, 2001, for which he serves as trustee. No transactions are reported as made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Tax Withholding: 5,710 shares

Tax Withholding 3 txns

Insider Ramaswamy Sridhar

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1, F2	3,975	$332.35	$1.32M
Tax Withholding	Common Stock F1, F2	1,735	$332.35	$577K
holding	Common Stock F3	--	--	--

Holdings After Transaction: Common Stock — 463,867 shares (Direct); 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

Shares withheld for tax (first entry): 3,975 shares Shares withheld for tax (second entry): 1,735 shares Total shares withheld for tax: 5,710 shares +2 more

5 metrics

Shares withheld for tax (first entry) 3,975 shares Common stock withheld on September 15, 2026 to satisfy tax withholding on RSU vesting

Shares withheld for tax (second entry) 1,735 shares Additional common stock withheld on September 15, 2026 for RSU-related tax withholding

Total shares withheld for tax 5,710 shares Sum of code F transactions reported for payment of tax liability

Reference price per share $332.35 per share Applied to both tax-withholding entries on September 15, 2026

Indirectly held trust shares 1,923 shares Common stock held by The Ramaswamy Trust dated January 8, 2001

Key Terms

restricted stock units, tax withholding obligations, indirect, trustee

4 terms

restricted stock units financial

"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

"shares withheld to satisfy tax withholding obligations"

indirect financial

"The shares are held by The Ramaswamy Trust"

trustee financial

"for which the Reporting Person is a trustee"

A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Snowflake (SNOW) disclose about CEO Sridhar Ramaswamy’s recent share activity?

Snowflake disclosed that CEO Sridhar Ramaswamy had 5,710 common shares withheld on September 15, 2026 to satisfy tax withholding obligations associated with vesting restricted stock units.

Were the Snowflake (SNOW) CEO’s Form 4 transactions open-market sales or tax-related?

The reported Form 4 transactions were tax-related. A total of 5,710 shares of Snowflake common stock were withheld as payment of tax liability upon the vesting of restricted stock units, not open-market sales.

At what price were shares withheld for the Snowflake (SNOW) CEO’s tax obligations?

The shares withheld for tax obligations were valued at $332.35 per share, applied to 3,975 shares in one entry and 1,735 shares in another, both dated September 15, 2026.

How many Snowflake (SNOW) shares were involved in the CEO’s tax-withholding events?

The CEO had 5,710 Snowflake common shares withheld in total: 3,975 shares in one transaction and 1,735 shares in another, each reported as payment of tax liability on RSU vesting.

Does the Snowflake (SNOW) CEO hold any shares indirectly through a trust?

Yes. The filing states that 1,923 shares of Snowflake common stock are held indirectly by The Ramaswamy Trust dated January 8, 2001, for which Sridhar Ramaswamy is a trustee.

Were the Snowflake (SNOW) CEO’s reported transactions under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked, and no footnote indicates that these transactions were made under a Rule 10b5-1 trading plan.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 09/16/2026 - 08:37 PM Accepted by SEC EDGAR 09/16/2026 - 08:36 PM Learn about SEC filing dates

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.

135 CONSTITUTION DRIVE

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	09/15/2026		F(1)		3,975	D	$332.35	465,602(2)	D
Common Stock	09/15/2026		F(1)		1,735	D	$332.35	463,867(2)	D
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	09/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)