Raghunathan Vivek 4
Research Summary
AI-generated summary
Snowflake (SNOW) SVP Vivek Raghunathan Receives Award
What Happened
- Vivek Raghunathan, Senior Vice President of Engineering and Support at Snowflake (SNOW), was granted 41,389 restricted stock units (RSUs) on 2026-02-24. The RSUs were awarded at an acquisition price of $0 (reported value $0) and represent a grant following determination that Snowflake met pre-established fiscal 2026 performance goals.
- The RSUs will vest over four years: 25% vesting on March 8, 2026, then 6.25% vesting on each Quarterly Date (March 8, June 8, September 8, December 8) thereafter, subject to Raghunathan’s continuous service through each vesting date.
Key Details
- Transaction date: 2026-02-24; acquisition type: Award/Grant (code A); price per share: $0; total reported cost: $0.
- Shares granted: 41,389 restricted stock units (will convert to shares when vested).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — grants are performance-based RSUs tied to fiscal 2026 goals and vest on the schedule above; F2 — includes shares to be issued in connection with the vesting of one or more RSUs.
- Filing date: 2026-02-26 (reporting period 2026-02-24); filing appears timely under Form 4 rules.
Context
- This was an award/grant (not a purchase or sale). RSU grants are common executive compensation and do not by themselves indicate the insider is buying or selling stock.
- Because these are restricted units, the recipient does not receive shares immediately; shares are issued only as RSUs vest and may be subject to tax withholding at vesting.