STOCK TITAN

Snowflake SVP has 1,844 shares withheld for taxes

Snowflake’s SVP of Engineering reported share withholdings to cover taxes on vested RSUs, not open-market sales.

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Snowflake Inc. (SNOW) reported that Vivek Raghunathan, SVP, Engineering, had a total of 1,844 shares of common stock withheld on September 8, 2026 to satisfy tax withholding obligations upon the vesting of restricted stock units. The shares were treated as dispositions at a reference price of $337.18 per share. No Rule 10b5-1 trading plan is reported for these transactions.

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Insider Raghunathan Vivek
Role SVP, Engineering
Type Security Shares Price Value
Tax Withholding Common Stock F1, F2 1,301 $337.18 $439K
Tax Withholding Common Stock F1, F2 543 $337.18 $183K
Holdings After Transaction: Common Stock — 253,242 shares (Direct)
Footnotes (2)
  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.
Shares withheld for taxes (total) 1,844 shares Common stock withheld on September 8, 2026 to satisfy tax withholding obligations on RSU vesting
Shares withheld in first transaction 1,301 shares Common stock disposed on September 8, 2026 as tax withholding
Shares withheld in second transaction 543 shares Common stock disposed on September 8, 2026 as tax withholding
Reference price per share $337.18 per share Price used for both tax-withholding transactions on Snowflake common stock
Exercise-price-or-tax-liability transactions 2 transactions, 1,844 shares Code F transactions reported as payments of tax liability by withholding securities
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"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
payment of tax liability by delivering or withholding securities financial
"transactions were payment of tax liability by delivering or withholding"

FAQ

What did Snowflake (SNOW) insider Vivek Raghunathan report in this Form 4?

He reported that 1,844 shares of Snowflake common stock were withheld on September 8, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units, at a reference price of $337.18 per share.

Were the Snowflake (SNOW) shares in this Form 4 sold in the open market?

No. The Form 4 states the transactions were payments of tax liability by delivering or withholding securities in connection with RSU vesting, not open-market purchases or sales.

How many Snowflake (SNOW) shares were withheld for taxes in each transaction?

Two transactions are reported: one for 1,301 shares and another for 543 shares, for a combined total of 1,844 shares withheld to cover tax obligations on RSU vesting.

What price per share was used for the tax-withholding transactions in SNOW stock?

Both transactions used a reference price of $337.18 per share for Snowflake common stock in calculating the value of shares withheld to satisfy tax withholding obligations.

Was a Rule 10b5-1 trading plan involved in this Snowflake (SNOW) Form 4?

No. The filing indicates no Rule 10b5-1 plan was affirmed for these transactions, and the footnotes do not reference any pre-arranged trading plan.

Do these Snowflake (SNOW) Form 4 entries include unvested RSUs?

Yes. A footnote explains the reporting includes shares to be issued in connection with the vesting of one or more restricted stock units, tying the withholding transactions directly to RSU vesting.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Raghunathan Vivek

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Engineering
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/08/2026F(1)1,301D$337.18253,785(2)D
Common Stock09/08/2026F(1)543D$337.18253,242(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact09/10/2026
** Signature of Reporting PersonDate
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)

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