Ho Emily 4

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.