Briggs Teresa 4

What Happened Teresa Briggs, a director of Snowflake Inc. (SNOW), was granted 1,273 restricted stock units (RSUs) on 2026-06-29. The transaction is recorded as an award/grant (code A) at an acquisition price of $0.00 — this reflects a compensation grant, not a cash purchase or sale.

Key Details

• Transaction date: 2026-06-29; Form 4 filed 2026-07-01 (appears timely, within the usual 2-business-day reporting window).
• Award: 1,273 RSUs; reported acquisition price $0.00.
• Shares owned after transaction: not specified in the provided filing.
• Footnote summary:
  • F1: The RSUs vest in full on the earlier of (i) the date of Snowflake’s 2027 annual meeting (or immediately before that meeting if Briggs’ service ends due to non-re-election or not standing) or (ii) the first anniversary of the grant date; vesting requires continued service through that date.
  • F2: The reported amount includes shares to be issued upon vesting of one or more RSUs.
• Transaction type: Award/grant (compensation), not an open-market trade.

Context RSUs are compensation that convert to shares upon vesting; they are not an immediate purchase or sale and do not by themselves indicate a buying or selling signal. The grant will only result in actual shares if and when the RSUs vest per the schedule above.