Beaulier Jonathan Mead 4
Research Summary
AI-generated summary
Snowflake CRO Jonathan Beaulier Withholds 752 Shares for Taxes
What Happened
- Jonathan Beaulier Mead, Chief Revenue Officer of Snowflake (SNOW), had a total of 752 shares withheld to satisfy tax obligations on the vesting of restricted stock units (RSUs). The filing shows two withholding transactions on June 8, 2026: 117 shares withheld at $238.26 each (reported value $27,876) and 635 shares withheld at $238.26 each (reported value $151,295), totaling about $179,171.
- This is a tax-withholding disposition tied to RSU vesting (routine administrative action), not an open-market sale or a new purchase.
Key Details
- Transaction dates and prices: 2026-06-08 — 117 shares @ $238.26 ($27,876) and 635 shares @ $238.26 ($151,295).
- Total shares withheld: 752 shares, total value ≈ $179,171.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1 indicates shares were withheld to satisfy tax withholding on RSU vesting; F2 notes shares to be issued in connection with the vesting of one or more RSUs.
- Filing: Report filed on 2026-06-10 covering the 6/8/2026 transactions; no indication in the provided data that the filing was late.
Context
- Withholding shares to cover taxes on RSU vesting is a common, administrative transaction and does not necessarily reflect the insider's view on the company's stock price.
- This was not an exercise followed by an open-market sale for cash to a third party; the shares were surrendered to satisfy tax obligations tied to RSU vesting.