Snowflake (NYSE: SNOW) CAO covers RSU tax bill with 127 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snowflake Inc. Chief Accounting Officer Emily Ho reported a routine tax-related share disposition. On the vesting of restricted stock units, 127 shares of common stock were withheld to cover tax withholding obligations, at a value of $238.26 per share. After this non-market transaction, she continues to hold 44,426 shares of Snowflake common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ho Emily
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 127 | $238.26 | $30K |
Holdings After Transaction:
Common Stock — 44,426 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: 127 shares
Withholding value per share: $238.26 per share
Post-transaction holdings: 44,426 shares
3 metrics
Tax-withheld shares
127 shares
Shares withheld to satisfy tax obligations on RSU vesting
Withholding value per share
$238.26 per share
Value used for 127 withheld Snowflake common shares
Post-transaction holdings
44,426 shares
Snowflake common stock directly held by Emily Ho after transaction
Key Terms
restricted stock units, tax withholding obligations, Form 4, Chief Accounting Officer
4 terms
restricted stock units financial
"Represents shares withheld to satisfy tax withholding obligations on the 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
"Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units."
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.
Chief Accounting Officer financial
"officer_title": "Chief Accounting Officer""
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
FAQ
What insider transaction did Snowflake (SNOW) report for Emily Ho?
Snowflake reported that Chief Accounting Officer Emily Ho had 127 shares withheld to cover tax obligations on vested restricted stock units. This was a tax-withholding disposition, not an open-market buy or sell, and is a common administrative event for equity compensation.
What does a Form 4 tax-withholding disposition mean for Snowflake (SNOW) investors?
A tax-withholding disposition means shares are returned to the company to cover the insider’s tax bill on vested stock awards. For Snowflake, this filing reflects normal equity compensation administration rather than a deliberate purchase or sale decision in the open market.