Raghunathan Vivek 4
Research Summary
AI-generated summary
Snowflake SVP Raghunathan Vivek Receives RSU Award
What Happened
- Raghunathan Vivek, Senior Vice President, Engineering and Support at Snowflake (SNOW), was granted 34,173 restricted stock units (RSUs) on March 20, 2026 (code A). To satisfy tax-withholding obligations on the vesting event, 3,603 shares were withheld/disposed (code F) at an indicated value of $175.40 per share, representing proceeds of approximately $631,966. The RSU grant is an award (not a market purchase or sale).
Key Details
- Transaction dates and prices: 2026-03-20 — 34,173 RSUs acquired at $0.00 (award); 3,603 shares withheld/disposed at $175.40 each (tax withholding) totaling ~$631,966.
- Shares owned after the transaction: Not specified in the filing.
- Footnotes: F1 — shares withheld to satisfy tax withholding; F2 — includes shares to be issued on RSU vesting; F3 — RSUs vest quarterly over four years, with 6.25% vesting on June 15, 2026 and each Quarterly Vest Date thereafter (Mar 15, Jun 15, Sep 15, Dec 15), subject to continued service.
- Filing timeliness: Report filed Mar 24, 2026 for a Mar 20, 2026 transaction — within the normal two-business-day Form 4 reporting window.
Context
- This was an equity award (RSUs) rather than an open-market buy or voluntary sale. The withholding of shares to cover taxes is a routine administrative step and does not necessarily indicate a change in insider sentiment. The RSUs vest over time (quarterly), so additional share issuances will occur on future vesting dates if the reporting person remains in service.