Snowflake (SNOW) CRO sells 9,367 shares and withholds 710 for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snowflake Inc. Chief Revenue Officer Jonathan Mead Beaulier reported multiple share transactions in Snowflake common stock. On June 22, 2026, he completed an open-market sale of 9,367 shares at $231.98 per share. After this sale, he directly held 234,791 shares of Snowflake common stock.
On the same date, three separate transactions totaling 710 shares were coded as tax-withholding dispositions at $232.29 per share. Footnotes explain these shares were withheld to satisfy tax obligations tied to the vesting of restricted stock units, rather than discretionary market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,367 shares ($2,172,957)
Net Sell
4 txns
Insider
Beaulier Jonathan Mead
Role
Chief Revenue Officer
Sold
9,367 shs ($2.17M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,367 | $231.98 | $2.17M |
| Tax Withholding | Common Stock | 69 | $232.29 | $16K |
| Tax Withholding | Common Stock | 470 | $232.29 | $109K |
| Tax Withholding | Common Stock | 171 | $232.29 | $40K |
Holdings After Transaction:
Common Stock — 234,791 shares (Direct, null)
Footnotes (1)
- Includes shares to be issued in connection with the vesting of one or more restricted stock units. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
Key Figures
Open-market sale shares: 9,367 shares
Sale price: $231.98 per share
Tax-withholding shares: 710 shares
+2 more
5 metrics
Open-market sale shares
9,367 shares
Common Stock sold June 22, 2026
Sale price
$231.98 per share
Open-market sale of 9,367 shares
Tax-withholding shares
710 shares
F-coded tax-withholding dispositions
Tax-withholding price
$232.29 per share
Shares withheld for RSU tax obligations
Shares held after transactions
234,791 shares
Direct holdings following June 22, 2026 transactions
Key Terms
open-market sale, restricted stock units, tax withholding obligations, Form 4
4 terms
open-market sale financial
"represents an open-market sale of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock units financial
"vesting of one or more 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"
Form 4 regulatory
"according to the Form 4, reflecting a discretionary sale"
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 transactions did Snowflake (SNOW) report for its Chief Revenue Officer?
Snowflake’s Chief Revenue Officer Jonathan Mead Beaulier reported an open-market sale of 9,367 common shares and separate tax-withholding dispositions of 710 shares, all dated June 22, 2026, while retaining a direct post-transaction holding of 234,791 common shares.
What do the tax-withholding transactions mean in Snowflake (SNOW)’s Form 4?
The Form 4 shows three F-coded transactions totaling 710 shares, priced at $232.29. Footnotes state these shares were withheld to satisfy tax withholding obligations on vesting restricted stock units, meaning they were not discretionary open-market sales by the executive.