Snowflake (NYSE: SNOW) SVP awarded 41,389 performance-based RSUs

Rhea-AI Filing Summary

Snowflake SVP Vivek Raghunathan acquired 41,389 shares of common stock through a performance-based restricted stock unit award. The units were earned after Snowflake met pre-set financial goals for fiscal 2026 and will vest over four years, starting with 25% on March 8, 2026 and 6.25% on each quarterly date thereafter. Following this award, his reported holdings total 259,409 shares, including shares to be issued as restricted stock units vest.

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

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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^*

Raghunathan Vivek

(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)
	SVP, Engineering and Support

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

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	02/24/2026		A		41,389(1)	A	$0	259,409(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 previously granted restricted stock units acquired following determination of the Issuer's achievement of pre-established financial performance goals for fiscal year 2026. The restricted stock units will vest over four years, with 25% vesting on March 8, 2026, and 6.25% vesting on each "Quarterly Date" thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Dates are each of March 8, June 8, September 8, and December 8.

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	02/26/2026
	** 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.
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 for Vivek Raghunathan?

Snowflake reported that SVP Vivek Raghunathan acquired 41,389 shares of common stock via a restricted stock unit award. These units were tied to achieving pre-established financial performance goals for fiscal year 2026 and convert into shares over a four-year vesting schedule.

How many Snowflake shares does Vivek Raghunathan hold after this Form 4?

After this transaction, Vivek Raghunathan is reported to hold 259,409 Snowflake shares. This total includes shares that will be issued upon the vesting of one or more restricted stock unit awards, not just currently issued and outstanding common stock.

What are the vesting terms of Vivek Raghunathan’s 41,389 Snowflake RSUs?

The 41,389 restricted stock units vest over four years. Twenty-five percent vest on March 8, 2026, with 6.25% vesting on each March 8, June 8, September 8, and December 8 thereafter, subject to his continuous service with Snowflake through each vesting date.

What performance conditions were tied to Vivek Raghunathan’s Snowflake RSU award?

The RSUs represent a previously granted award that was acquired after Snowflake determined it achieved pre-established financial performance goals for fiscal year 2026. Only after confirming those goals were met did the restricted stock units become earned and subject to time-based vesting.

Is Vivek Raghunathan’s Snowflake share ownership direct or indirect?

The Form 4 classifies Vivek Raghunathan’s ownership as direct. The filing does not attribute the reported holdings to any external entities such as trusts or family partnerships, and there is no footnote disclaiming beneficial ownership or voting and investment authority.