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Snowflake (SNOW) CEO files Form 4 on RSU tax share withholding

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Snowflake Inc.'s chief executive officer and director reported routine share withholdings related to equity compensation. On 12/22/2025, the reporting person had a total of 3,429 shares of Snowflake common stock withheld at a price of $222.46 per share, followed by an additional 1,016 shares withheld at the same price. These transactions were coded as "F," indicating shares were surrendered to cover tax withholding obligations on vesting restricted stock units. After these transactions, the reporting person directly beneficially owned 353,811 shares of Snowflake common stock and indirectly owned 1,923 shares through a trust.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Ramaswamy Sridhar

(Last) (First) (Middle)
C/O SNOWFLAKE INC.
106 EAST BABCOCK STREET, SUITE 3A

(Street)
BOZEMAN MT 59715

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
12/22/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 12/22/2025 F(1) 3,429 D $222.46 354,827(2) D
Common Stock 12/22/2025 F(1) 1,016 D $222.46 353,811(2) D
Common Stock 1,923 I Trust(3)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount 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.
3. The shares are held by The Ramaswamy Trust dated 1/8/2001, for which the Reporting Person is a trustee.
Remarks:
/s/ Michelle Giampaoli, Attorney-in-Fact 12/23/2025
** Signature of Reporting Person Date
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.

FAQ

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

The filing reports that Snowflake's chief executive officer and director had shares of common stock withheld to satisfy tax withholding obligations upon the vesting of restricted stock units on 12/22/2025.

How many Snowflake (SNOW) shares were withheld for taxes in this filing?

The reporting person had 3,429 shares of Snowflake common stock withheld at $222.46 per share, and an additional 1,016 shares withheld at the same price, coded as transaction type F.

How many Snowflake (SNOW) shares does the insider own after these transactions?

Following the reported withholding transactions, the reporting person directly beneficially owned 353,811 shares of Snowflake common stock and indirectly owned 1,923 shares held in a trust.

What does transaction code "F" mean for this Snowflake (SNOW) Form 4?

Transaction code "F" indicates that the reported shares represent stock withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

How are some of the Snowflake (SNOW) shares held by the insider?

A portion of the shares, totaling 1,923 shares, is held indirectly through The Ramaswamy Trust dated 1/8/2001, for which the reporting person serves as a trustee.

Is this Snowflake (SNOW) Form 4 a joint filing by multiple insiders?

No. The document indicates that the Form 4 is filed by one reporting person, not by more than one reporting person.

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