Snowflake (NYSE: SNOW) SVP awarded 41,389 performance-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Raghunathan Vivek
Role
SVP, Engineering and Support
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,389 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 259,409 shares (Direct)
Footnotes (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. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
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.
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.