Snowflake Inc.·4

Jun 10, 7:14 PM ET

Ramaswamy Sridhar 4

4 · Snowflake Inc. · Filed Jun 10, 2026

Research Summary

AI-generated summary of this filing

Updated

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

Form 4
Period: 2026-06-08
Ramaswamy Sridhar
DirectorChief Executive Officer
Transactions
  • Tax Payment

    Common Stock

    [F1][F2]
    2026-06-08$238.26/sh3,187$759,335485,557 total
  • Tax Payment

    Common Stock

    [F1][F2]
    2026-06-08$238.26/sh1,328$316,409484,229 total
Holdings
  • Common Stock

    [F3]
    (indirect: By Trust)
    1,923
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.
Signature
/s/ Marie Reider, Attorney-in-Fact|2026-06-10

Documents

1 file
  • 4
    wk-form4_1781133254.xmlPrimary

    FORM 4