Snowflake (SNOW) CAO reports RSU-related tax-withholding shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snowflake Inc. Chief Accounting Officer Emily Ho reported routine tax-related share dispositions linked to restricted stock unit vesting. On the reported date, a total of 1,020 shares of Common Stock were withheld at $232.29 per share to satisfy tax withholding obligations, as noted in the footnotes.
These F-code transactions are classified as tax-withholding dispositions rather than open-market purchases or sales, and the shares are held directly in her name. The filing shows no open-market trading activity, only shares delivered to cover tax liabilities arising from equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ho Emily
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 312 | $232.29 | $72K |
| Tax Withholding | Common Stock | 708 | $232.29 | $164K |
Holdings After Transaction:
Common Stock — 43,851 shares (Direct, null)
Footnotes (1)
- Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
Key Figures
Tax-withheld shares: 1,020 shares
First withholding lot: 708 shares at $232.29
Second withholding lot: 312 shares at $232.29
+1 more
4 metrics
Tax-withheld shares
1,020 shares
Total Common Stock withheld for RSU tax obligations
First withholding lot
708 shares at $232.29
Common Stock withheld to satisfy tax obligations
Second withholding lot
312 shares at $232.29
Additional Common Stock withheld for RSU tax obligations
Reference share price
$232.29 per share
Value applied to Common Stock used for tax withholding
Key Terms
restricted stock units, tax withholding obligations, Common Stock, Form 4
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"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Snowflake (SNOW) report for Emily Ho?
Snowflake reported that Chief Accounting Officer Emily Ho had 1,020 Common Stock shares withheld to cover taxes on restricted stock unit vesting, recorded as F-code tax-withholding dispositions rather than open-market share purchases or sales.
Were there any open-market buys or sells in this Snowflake (SNOW) Form 4?
No open-market buys or sells are reported. The Form 4 only shows F-code tax-withholding dispositions, meaning shares were delivered to satisfy tax liabilities from equity awards rather than traded in the market.
What does transaction code F mean in the Snowflake (SNOW) filing?
Transaction code F indicates shares used to pay an exercise price or satisfy tax liabilities. In this Snowflake filing, the F-code entries reflect shares withheld to cover tax withholding obligations related to the vesting of restricted stock units.
Is the Snowflake (SNOW) CAO’s ownership direct or indirect in this Form 4?
The reported holdings in this Form 4 are classified as direct ownership. The ownership code is shown as “D,” and there is no footnote shifting voting or investment authority to another entity or person.