MCLAUGHLIN MARK D 4

What Happened

• Mark D. McLaughlin, a director of Snowflake Inc. (SNOW), was granted 1,273 restricted stock units (RSUs) on June 29, 2026. The grant was reported on a Form 4 filed July 1, 2026. The grant price is listed as $0 and the reported acquisition value is $0 (typical for RSU awards, which are not purchased).

Key Details

• Transaction date: 2026-06-29; Form 4 filed: 2026-07-01.
• Grant: 1,273 RSUs @ $0.00; reported acquisition value $0.
• Vesting: RSUs vest in full on the earlier of (i) Snowflake’s 2027 annual stockholders’ meeting (or immediately prior if the director’s service ends because he isn’t re-elected or doesn’t stand) or (ii) the first anniversary of the grant; vesting conditioned on continued service. (See footnote F1.)
• Holdings: The filing references existing holdings in the McLaughlin Revocable Trust and McLaughlin 2020 Dynasty LLC (footnotes F2, F4, F5). The filing excerpt provided does not state the total shares owned after this grant — see the full Form 4 for the post-transaction ownership total.
• Not a sale or open-market purchase: this is an equity award, not a market buy or sale, and does not necessarily signal immediate insider buying or selling.

Context

• RSUs represent a promise to issue shares when they vest; they don’t convey stock voting rights or saleable shares until vested and issued.
• Transfers to trusts (noted in prior footnotes) are estate-planning or ownership-structure actions and are distinct from this grant.