Snowflake Inc SEC Filings

Snowflake CFO Michael Scarpelli reported a significant insider transaction on June 20, 2025, involving the disposition of 7,420 shares of Class A Common Stock at $212.08 per share. The shares were withheld for tax purposes related to vesting of restricted stock units.

Following the transaction, Scarpelli maintains substantial holdings including:

• 281,353 shares held directly
• 1,388,868 shares accessible through stock options (1,319,299 fully vested at $8.88 and 69,569 vesting monthly at $207.56)
• 873,488 shares held indirectly through various family trusts and spouse

The filing reveals a complex trust structure for wealth management, including multiple GST Exempt and Non-Exempt trusts benefiting Scarpelli's children, and significant holdings in the Scarpelli Family Trust. This transaction reflects standard executive compensation management rather than a strategic trading decision.

Snowflake CEO Sridhar Ramaswamy reported multiple transactions in Class A Common Stock on June 20, 2025. The filing details two dispositions of shares:

• First disposition of 3,429 shares at $212.08 per share
• Second disposition of 1,016 shares at $212.08 per share
• Both transactions were coded as "F", representing shares withheld for tax withholding obligations on vesting restricted stock units

Following these transactions, Ramaswamy directly owns 373,349 shares of Class A Common Stock, which includes shares to be issued from future RSU vestings. Additionally, he indirectly owns 1,923 shares through The Ramaswamy Trust dated 1/8/2001, where he serves as trustee. The transactions reflect standard tax withholding practices for executive equity compensation rather than open market sales.

Form 144 Notice of Proposed Sale filed for Snowflake (SNOW) indicates insider stock sales planned by a company executive. The filing details proposed sales of 19,111 Class A shares with an aggregate market value of $4,219,746, representing a small fraction of the 333.7 million shares outstanding.

The securities to be sold were acquired through multiple transactions:

• 15,670 shares from options granted on 01/22/2020, exercised on 06/24/2025
• 2,217 shares from restricted stock vesting on 07/05/2023
• 1,224 shares from restricted stock vesting on 07/07/2022

The seller previously disposed of 20,789 Class A shares on 05/23/2025 for gross proceeds of $4,157,800. The planned sale will be executed through Fidelity Brokerage Services on the NYSE, with an approximate sale date of 06/24/2025.

Form 144 filing reveals Snowflake officer and director Benoit Dageville plans to sell 870 Class A shares worth $182,587 through Fidelity Brokerage Services on NYSE. The shares were acquired through restricted stock vesting on June 20, 2025. Notable recent trading activity shows Dageville sold 64,960 shares in the past 3 months totaling approximately $11.16M. Sales executed under 10b5-1 trading plan adopted March 29, 2024. Transaction represents minimal portion of Snowflake's 333.7M outstanding shares. Filing indicates seller has no knowledge of undisclosed material adverse information regarding company operations.

Snowflake insider Christian Kleinerman filed a Form 144 notice for the proposed sale of 2,610 Class A shares with an aggregate market value of $547,760.70. The shares were acquired through restricted stock vesting on June 20, 2025, as part of compensation.

Notable recent trading activity by Kleinerman includes:

• Multiple Class A share sales between April-June 2025 totaling 38,523 shares
• Largest single transaction: 10,000 shares sold on June 2, 2025, for $2.06 million
• Additional sales through Kleinerman 2020 Dynasty LLC of 5,000 shares for $1 million

The proposed sale represents a small fraction of Snowflake's 333.7 million outstanding shares and is planned to execute through Fidelity Brokerage Services on the NYSE on June 23, 2025.

Snowflake Inc. – Form 4 insider report

On 18-Jun-2025 Snowflake (SNOW) filed a Form 4 detailing transactions dated 16-Jun-2025 by Chief Executive Officer and Director Sridhar Ramaswamy. Two entries coded “F” (shares withheld for tax) show dispositions of 4,723 and 3,991 Class A common shares, respectively, at $208.18 per share to cover payroll-tax obligations triggered by restricted-stock-unit vesting. The aggregate 8,714 shares were not sold in the open market and generated no personal liquidity.

After these automatic withholdings the CEO still directly owns approximately 377,794–381,785 Class A shares and indirectly owns 1,923 shares via The Ramaswamy Trust. The filing is routine, does not involve a Rule 10b5-1 trading plan, and conveys no change in the executive’s investment outlook or Snowflake’s fundamentals.

Snowflake CFO Michael Scarpelli reported multiple transactions and holdings in a Form 4 filing dated June 28, 2025. The key transactions include:

On June 16, 2025, Scarpelli disposed of 3,050 shares of Class A Common Stock at $208.18 per share through tax withholding on vested RSUs. Following these transactions, he directly owns 288,773 shares.

The filing also reveals substantial indirect holdings through various trusts:

• Three 2020 Fintail GST Exempt Trusts holding 17,617 shares each for his children
• Three Irrevocable Trusts from 2019 GRAT holding 176,829 shares each
• Scarpelli Family Trust holding 167,521 shares

Additionally, Scarpelli holds significant stock options: 1,319,299 shares at $8.88 (fully vested) and 69,569 shares at $207.56 (vesting monthly since March 2022).

Snowflake SVP of Engineering and Support Vivek Raghunathan reported a significant insider transaction on June 16, 2025. The executive disposed of 7,870 shares of Class A Common Stock at a price of $208.18 per share through a tax-withholding transaction (Form F) related to the vesting of restricted stock units (RSUs).

Following the transaction, Raghunathan maintains beneficial ownership of 269,304 shares held directly. This total includes additional shares to be issued from pending RSU vestings.

• Transaction Type: Share withholding for tax obligations
• Stock Price: $208.18 per share
• Total Transaction Value: ~$1.64 million
• Ownership Form: Direct

This routine tax-related transaction suggests normal RSU vesting activity rather than a discretionary sale by the insider. The filing was completed through an attorney-in-fact on June 18, 2025.

Form 4 overview – Snowflake Inc. (SNOW)

The filing reports routine insider activity by co-founder, Director and President of Products Benoit Dageville on 16-17 Jun 2025.

• Shares withheld for taxes: 1,011 and 940 Class A shares were automatically withheld on 16 Jun at an average price of $208.18 upon RSU vesting.
• Open-market sales under 10b5-1 plan: 921 and 991 shares were sold on 17 Jun at $208 per share, generating about $0.4 million in gross proceeds. The plan was adopted 29 Mar 2024.
• Post-transaction ownership: Direct holdings decline to 60,083 Class A shares. Indirect holdings remain substantial—3,191,555 shares in The Snow Trust and two GRATs totaling 1.5 million shares—bringing total beneficial ownership to roughly 4.75 million shares.

No derivative securities were reported. The transactions represent less than 0.2 % of Mr. Dageville’s total beneficial stake and do not change Snowflake’s capital structure.