Snowflake CRO tax-withholds 12,760 shares

Snowflake Inc.’s Chief Revenue Officer Michael S. Gannon reported routine tax-withholding share dispositions tied to restricted stock unit vesting.

Rhea-AI Filing Summary

Snowflake Inc.’s Chief Revenue Officer Michael S. Gannon reported routine tax-withholding share dispositions tied to restricted stock unit vesting. On 2026-03-09, a total of 12,760 shares of common stock were withheld at $180.48 per share to cover tax obligations, according to the Form 4 footnotes.

These code F transactions are not open-market sales but automatic share surrenders to satisfy taxes on equity compensation. After these dispositions, Gannon directly held 318,132 shares of Snowflake common stock, indicating he retains a substantial equity stake following the vesting event.

Insider Trade Summary

Exercise Price or Tax Liability: 12,760 shares

Exercise Price or Tax Liability 3 txns

Insider Gannon Michael S

Role Chief Revenue Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	3,032	$180.48	$547K
Exercise Price or Tax Liability	Common Stock	401	$180.48	$72K
Exercise Price or Tax Liability	Common Stock	9,327	$180.48	$1.68M

Holdings After Transaction: Common Stock — 318,132 shares (Direct)

Footnotes (2)

1. F1. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
2. F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.

FAQ

What did Snowflake (SNOW) CRO Michael Gannon report in this Form 4?

Michael S. Gannon reported share dispositions used to pay taxes on restricted stock unit vesting. A total of 12,760 Snowflake common shares were withheld, reflecting an automatic tax-withholding mechanism rather than an open-market sale.

How many Snowflake shares were used for tax withholding in Michael Gannon’s filing?

The Form 4 shows 12,760 Snowflake common shares were withheld for tax obligations at $180.48 per share. These code F transactions covered taxes related to the vesting of restricted stock units awarded as part of his compensation.

Are Michael Gannon’s Snowflake transactions considered open-market sales?

No, the transactions are not open-market sales. They are code F dispositions, where shares are surrendered to satisfy tax withholding obligations on restricted stock unit vesting, as described in the Form 4 footnotes for Snowflake’s Chief Revenue Officer.

How many Snowflake shares does Michael Gannon hold after these transactions?

After the reported tax-withholding dispositions, Michael S. Gannon directly holds 318,132 shares of Snowflake common stock. This post-transaction balance indicates he maintained a significant equity position following the restricted stock unit vesting event.

What do the restricted stock unit footnotes in Snowflake’s Form 4 indicate?

The footnotes explain that shares were withheld to satisfy tax obligations on restricted stock unit vesting and that holdings include shares to be issued upon future vesting. This clarifies the transactions are compensation-related, not discretionary trading by the Snowflake executive.

Why is the transaction code F important in Snowflake’s insider filing?

Code F indicates shares were disposed of to pay exercise price or tax liability by delivering securities. In this Snowflake Form 4, it shows Michael Gannon’s reported transactions were tax-withholding events tied to equity compensation, rather than voluntary market sales.

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Accepted by SEC EDGAR 03/11/2026 - 07:42 PM Learn about SEC filing dates

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^*

Gannon Michael S

(Last) (First) (Middle)

C/O SNOWFLAKE INC.

135 CONSTITUTION DRIVE

(Street)

MENLO PARK CA 94025

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Revenue Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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	03/09/2026		F(1)		3,032	D	$180.48	327,860(2)	D
Common Stock	03/09/2026		F(1)		401	D	$180.48	327,459(2)	D
Common Stock	03/09/2026		F(1)		9,327	D	$180.48	318,132(2)	D

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.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	03/11/2026
	** 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.
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