Ramaswamy Sridhar 4
4 · Snowflake Inc. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Snowflake CEO Ramaswamy Sridhar Sells 4,515 Shares for Taxes
What Happened
Ramaswamy Sridhar (CEO) had a total of 4,515 Snowflake (SNOW) shares withheld to satisfy tax withholding on vested restricted stock units (RSUs). The transactions on 2026-06-08 show 3,187 shares withheld at $238.26 each ($759,335) and 1,328 shares withheld at $238.26 each ($316,409), for a combined value of $1,075,744. These are disposals recorded as tax-withholding on vesting, not open-market sales intended as investment bets.
Key Details
- Transaction date: 2026-06-08; Filing date: 2026-06-10 (appears timely).
- Price per share: $238.26. Shares withheld: 3,187 and 1,328 (total 4,515). Total value ~ $1.08M.
- Transaction code/meaning: F — shares withheld to satisfy tax withholding on RSU vesting.
- Shares owned after the transaction: Not specified in the filing.
- Relevant footnotes: F1 = shares withheld for tax obligations on RSU vesting; F2 = includes shares to be issued in connection with vesting of one or more RSUs; F3 = some shares are held by The Ramaswamy Trust dated 1/8/2001, for which the reporting person is trustee.
Context
Tax-withholding dispositions are routine when RSUs vest: the company withholds (or sells) a portion of the newly vested shares to cover taxes. These transactions are generally administrative and do not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-06-08$238.26/sh−3,187$759,335→ 485,557 total - Tax Payment
Common Stock
[F1][F2]2026-06-08$238.26/sh−1,328$316,409→ 484,229 total
- 1,923(indirect: By Trust)
Common Stock
[F3]
Footnotes (3)
- [F1]Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
- [F2]Includes shares to be issued in connection with the vesting of one or more restricted stock units.
- [F3]The shares are held by The Ramaswamy Trust dated 1/8/2001, for which the Reporting Person is a trustee.