Snowflake Inc.·4

Jun 10, 7:16 PM ET

Raghunathan Vivek 4

Research Summary

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Snowflake (SNOW) SVP Raghunathan Vivek Withholds Shares for Taxes

What Happened
Raghunathan Vivek, Senior Vice President, Engineering at Snowflake, had a total of 1,844 shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units (RSUs). The filing shows two withholdings on 2026-06-08: 1,301 shares at $238.26 each (value $309,976) and 543 shares at $238.26 each (value $129,375), for a combined value of approximately $439,351. This is a routine tax-withholding event (not an open-market sale) tied to RSU vesting.

Key Details

  • Transaction date: 2026-06-08; Filing date (accession): 2026-06-10. Filing appears timely (filed two days after the transaction).
  • Price per share: $238.26 for both lots.
  • Shares withheld/disposed: 1,301 shares ($309,976) and 543 shares ($129,375); total 1,844 shares (~$439,351).
  • Shares owned after transaction: Not specified in the provided filing data.
  • Transaction code: F — tax withholding on vesting (cashless share surrender).
  • Footnotes: F1 = shares withheld to satisfy tax withholding on RSU vesting; F2 = includes shares to be issued in connection with vesting of one or more RSUs.

Context
This was a share-withholding to cover taxes when RSUs vested, a common, administrative transaction that does not necessarily indicate sentiment about the stock. For retail investors, purchases are generally more informative about insider conviction; tax-withholding dispositions are routine and should be interpreted accordingly.