Ho Emily 4
4 · Snowflake Inc. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Snowflake (SNOW) Chief Accounting Officer Emily Ho Sells 2,141 Shares
What Happened
Emily Ho, Snowflake's Chief Accounting Officer, reported multiple transactions tied to RSU vesting and an open-market sale. On 2026-03-20 she had 268 and 497 shares withheld to satisfy tax withholding on vesting (total 765 shares, dispositions valued at $47,007 and $87,174). The filing also shows an award of 3,987 restricted stock units (RSUs) on 2026-03-20 (no cash paid). On 2026-03-23 she sold 2,141 shares in the open market at a weighted-average price of $173.97 for proceeds of approximately $372,465. The tax-withheld shares were not market sales but withholding to cover tax obligations.
Key Details
- Transaction types: F = tax-withholding on RSU vesting (268 & 497 shares), A = grant/award (3,987 RSUs), S = open-market sale (2,141 shares).
- Dates and prices: 2026-03-20 tax withholding at $175.40 (268 and 497 shares); 2026-03-23 open-market sale at weighted-average $173.97 (range $173.92–$174.04).
- Dollar amounts: tax withholding dispositions totaled $134,181; open-market sale proceeds ≈ $372,465.
- Shares owned after transaction: not specified in the filing.
- Footnotes: withheld shares satisfy tax obligations on vesting RSUs; the 3,987 RSUs vest quarterly over four years (6.25% on June 15, 2026 and each Quarterly Vest Date thereafter); sale price is a weighted average across multiple trades.
- Filing timeliness: Reported on 2026-03-24 for transactions on 2026-03-20 and 2026-03-23 — filing appears timely (within required two business days).
Context
- These transactions involve RSU vesting and routine tax-withholding rather than an option exercise or a voluntary large buy/sell decision; the open-market sale looks like a standard disposition rather than an acquisition signal.
- RSU grants are awards that vest over time and depend on continued service; tax-withholding (F) entries are common and do not necessarily indicate a sale for investment reasons.
- No 10b5-1 plan or other trading plan is disclosed in this filing.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-03-20$175.40/sh−268$47,007→ 43,204 total - Tax Payment
Common Stock
[F1][F2]2026-03-20$175.40/sh−497$87,174→ 42,707 total - Award
Common Stock
[F3][F2]2026-03-20+3,987→ 46,694 total - Sale
Common Stock
[F4][F2]2026-03-23$173.97/sh−2,141$372,465→ 44,553 total
Footnotes (4)
- [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 represent restricted stock units, which will vest quarterly over four years with 6.25% vesting on June 15, 2026 and on each Quarterly Vest Date thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Vest Dates are each of March 15, June 15, September 15, and December 15.
- [F4]The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $173.920 to $174.040, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.