Ullal Jayshree 4

What Happened Jayshree Ullal, a director of Snowflake Inc. (SNOW), was granted 1,273 restricted stock units (RSUs) on 2026-06-29. The reported acquisition price is $0.00 (i.e., an award/grant), so no cash was exchanged. This was a grant of equity compensation (not a purchase or sale).

Key Details

• Transaction date: 2026-06-29; Form 4 filed: 2026-07-01 (filed within the normal reporting window).
• Award: 1,273 RSUs; reported price per share: $0.00; total reported cash value: $0.
• Shares owned after the transaction: not specified in the filing.
• Footnote F1: RSUs vest in full on the earlier of (i) the date of the 2027 annual meeting (or immediately prior if the director’s service ends due to not being re-elected or not standing), or (ii) the first anniversary of the grant — vesting is conditioned on continued service through that date.
• Footnote F2: The filing includes shares to be issued upon vesting of one or more RSUs.

Context This is a standard equity award to a board member and does not involve an open-market buy or sale. RSUs represent a promise to issue shares upon vesting; they are not immediately tradable stock. Such grants are common as director compensation and should be viewed as compensation rather than a direct signal of immediate insider buying or selling.