Snowflake director granted 1,273 RSUs
Kramer Kelly A. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Kramer Kelly A. reported acquisition or exercise transactions in this Form 4 filing.
Snowflake Inc. director Kelly A. Kramer received an equity grant of 1,273 shares of common stock in the form of restricted stock units. These RSUs will vest in full on the earlier of the company’s 2027 annual stockholder meeting or the first anniversary of the grant date, subject to her continued board service. Following this award, she directly holds 10,074 shares, including shares that will be issued upon vesting of one or more restricted stock unit awards.
Insider Trade Summary
Grant/Award: 1,273 shares
Grant/Award
1 txn
Insider
Kramer Kelly A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,273 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 10,074 shares (Direct)
Footnotes (2)
- F1. The shares represent restricted stock units, which will vest in full on the earlier of (i) the date of the annual meeting of the Issuer's stockholders to be held in 2027 (or the date immediately prior to such meeting if the Reporting Person's service as a director ends at such meeting due to the Reporting Person's failure to be re-elected or the Reporting Person not standing for re-election), or (ii) the first anniversary of the date of grant; subject to the Reporting Person's continued service through such date.
- F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
Key Figures
RSU grant size: 1,273 shares
Post-grant holdings: 10,074 shares
Vesting trigger: 2027 annual meeting or first anniversary
+1 more
4 metrics
RSU grant size
1,273 shares
Restricted stock units granted to director on June 29, 2026
Post-grant holdings
10,074 shares
Common stock held directly after RSU award, including shares issuable on vesting
Vesting trigger
2027 annual meeting or first anniversary
RSUs vest on the earlier of these dates, subject to continued service
Grant price
$0.0000 per share
Indicates no cash paid by director; compensation-related grant
Key Terms
restricted stock units, vest, annual meeting of the Issuer's stockholders, grant date
4 terms
restricted stock units financial
"The shares represent restricted stock units, which will vest in full on the earlier of..."
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.
vest financial
"which will vest in full on the earlier of (i) the date of the annual meeting..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of the Issuer's stockholders financial
"the date of the annual meeting of the Issuer's stockholders to be held in 2027..."
grant date financial
"or (ii) the first anniversary of the date of grant; subject to the Reporting Person's continued service..."
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Snowflake (SNOW) director Kelly A. Kramer report in this Form 4?
Kelly A. Kramer reported receiving 1,273 shares of Snowflake common stock as a restricted stock unit grant. This is a compensation-related equity award, not an open-market purchase or sale, and increases her directly held and RSU-linked share position.
What are the vesting terms of Kelly A. Kramer’s new Snowflake (SNOW) RSUs?
The 1,273 restricted stock units vest in full on the earlier of Snowflake’s 2027 annual stockholder meeting or the first anniversary of the grant date. Vesting requires Kelly A. Kramer to continue serving as a director through the applicable vesting date.
Is Kelly A. Kramer’s Snowflake (SNOW) Form 4 transaction a market buy or sell?
The Form 4 shows a grant of restricted stock units, coded as an acquisition under a compensation award. No open-market purchase or sale occurred; the shares were awarded by Snowflake at no cash cost per share to the reporting person.
What type of equity did Snowflake (SNOW) grant to director Kelly A. Kramer?
Snowflake granted restricted stock units tied to its common stock. Each RSU represents a right to receive one share upon vesting, subject to service-based conditions linked to the 2027 annual meeting or the first anniversary of the grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates