Snowflake (SNOW) Director William F. Scannell Receives Award

What Happened
William F. Scannell, a director of Snowflake Inc. (SNOW), received an award of 1,273 restricted stock units (transaction code A) on 2026-06-29. The grant is reported at $0.00 per share (total reported value $0) because these are RSUs representing future stock, not a cash purchase.

Key Details

• Transaction date: 2026-06-29; reported filing date: 2026-07-01 (timely).
• Grant: 1,273 shares; price reported: $0.00; total reported value: $0.
• Shares owned after transaction: not specified in this Form 4.
• Footnote F1: RSUs vest in full on the earlier of (i) Snowflake's 2027 annual meeting (or just prior if Scannell's service ends due to not being re-elected or not standing) or (ii) the first anniversary of the grant; vesting conditioned on continued service.
• Footnote F2: The reported shares include those to be issued upon vesting of one or more RSUs.

Context
This was an equity award (compensation) for a director — not a market purchase or sale — and is common for board members. RSUs do not convey shares until they vest; they are neither an immediate buy nor sale signal.