Snowflake CRO has 827 shares withheld for taxes
Snowflake’s chief revenue officer had 827 shares withheld to cover taxes on RSU vesting, not as an open-market sale.
Rhea-AI Filing Summary
Snowflake Inc. (SNOW) reported that Chief Revenue Officer Jonathan Mead Beaulier had 827 shares of common stock withheld on September 8, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units. The shares were treated as dispositions at a price of $337.18 per share and do not represent an open-market sale. No Rule 10b5-1 trading plan is reported, and the filing notes that post-transaction holdings include shares to be issued upon future RSU vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 827 shares
Tax Withholding
2 txns
Insider
Beaulier Jonathan Mead
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 174 | $337.18 | $59K |
| Tax Withholding | Common Stock F1, F2 | 653 | $337.18 | $220K |
Holdings After Transaction:
Common Stock — 233,254 shares (Direct)
Footnotes (2)
- F1. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
- F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
Key Figures
Tax-withheld shares (first transaction): 174 shares
Tax-withheld shares (second transaction): 653 shares
Total shares withheld for taxes: 827 shares
+2 more
5 metrics
Tax-withheld shares (first transaction)
174 shares
Common stock withheld on September 8, 2026 to satisfy tax withholding obligations
Tax-withheld shares (second transaction)
653 shares
Common stock withheld on September 8, 2026 to satisfy tax withholding obligations
Total shares withheld for taxes
827 shares
Aggregate of both September 8, 2026 tax-withholding dispositions
Per-share valuation
$337.18 per share
Price applied to each withheld Snowflake common share in both transactions
Transactions for exercise price or tax liability
2 transactions, 827 shares
Summary of Form 4 code F events reported for September 8, 2026
Key Terms
restricted stock units, tax withholding obligations, vesting
3 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"
vesting financial
"Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Snowflake (SNOW) disclose for Jonathan Mead Beaulier?
Snowflake disclosed that Chief Revenue Officer Jonathan Mead Beaulier had 827 shares of common stock withheld on September 8, 2026 to satisfy tax withholding obligations from the vesting of restricted stock units, recorded as dispositions rather than open-market sales.
Does the Snowflake (SNOW) Form 4 indicate an open-market sale by the CRO?
No. The Form 4 states the transactions are shares withheld to satisfy tax withholding obligations on RSU vesting, not open-market sales or discretionary selling by the Chief Revenue Officer.
Was a Rule 10b5-1 trading plan involved in this Snowflake (SNOW) Form 4?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, so no Rule 10b5-1 trading plan is reported in connection with these tax-withholding transactions.
What does the Form 4 say about the CRO’s remaining Snowflake (SNOW) equity?
A footnote states that post-transaction holdings include shares to be issued in connection with the vesting of one or more restricted stock units, although the exact remaining share count is not provided.
AI-generated analysis. How Rhea-AI works. Not financial advice.