Snowflake (SNOW) CRO Jonathan Mead Receives Award (Tax Withhold)

What Happened Jonathan Mead, Snowflake’s Chief Revenue Officer, had restricted stock units vest on Sep 21, 2026 and 711 shares were withheld to satisfy tax-withholding obligations. The withholding occurred in three lots: 70 shares at $332.43 ($23,270), 470 shares at $332.43 ($156,242), and 171 shares at $332.43 ($56,846), for a combined value of approximately $236,358. These are dispositions only for tax purposes (not open-market sales).

Key Details

• Transaction date: 2026-09-21; price per share: $332.43.
• Shares withheld/Disposed: 70 ($23,270), 470 ($156,242), 171 ($56,846); total 711 shares, ~$236,358.
• Transaction code: F (tax withholding on vesting of RSUs).
• Footnotes: F1 = shares withheld to satisfy tax withholding on RSU vesting; F2 = includes shares to be issued in connection with RSU vesting.
• Shares owned after the transaction: not specified in the provided filing.
• Filing date: 2026-09-22 (filed the day after the transactions); appears timely per standard Form 4 rules.

Context This was a routine cashless tax-withholding event tied to RSU vesting, meaning shares were retained by the company to cover tax liabilities rather than sold on the open market. Such withholding transactions are administrative and do not necessarily indicate the insider’s buying or selling intent in the market.