Form 4: Snowflake CEO Sells Shares for Tax Obligations
Statement of Changes in Beneficial Ownership
Snowflake Inc.'s Chief Executive Officer, Sridhar Ramaswamy, disposed of 1,334 shares of common stock at $228.79 per share to cover tax withholding obligations related to restricted stock unit vesting.
Summary
- Sridhar Ramaswamy, a Director and the Chief Executive Officer of Snowflake Inc. (SNOW), reported a transaction on December 8, 2025.
- The transaction involved the disposition of 1,334 shares of Snowflake common stock.
- These shares were withheld by the issuer to satisfy tax withholding obligations upon the vesting of restricted stock units.
- The disposition price per share was $228.79.
- Following this transaction, Ramaswamy directly beneficially owns 362,246 shares and indirectly owns 1,923 shares through The Ramaswamy Trust dated January 8, 2001.
- The transaction was made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 5
Explanation: The transaction reported is a routine disposition of shares to cover tax withholding obligations upon the vesting of restricted stock units, which is a common and expected event for executives and does not indicate a change in sentiment towards the company's prospects.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: This is a routine administrative transaction with no significant impact on company operations or strategy. It represents a standard part of executive compensation and tax management.
Key Dates
| Date | Description |
|---|---|
| 01/08/2001 | Date of The Ramaswamy Trust |
| 12/08/2025 | Date of transaction (shares withheld for tax) |
| 12/10/2025 | Date of Form 4 filing signature |
Recommendation
holdThe reported transaction is a standard disposition of shares by an executive to cover tax obligations associated with restricted stock unit vesting. This is a common administrative event and does not reflect a change in the company's operational performance, strategic direction, or the executive's confidence in the company. Therefore, it does not warrant a change in investment recommendation based solely on this filing.
Keywords
Snowflake, SNOW, Sridhar Ramaswamy, Form 4, Insider Transaction, Stock Sale, RSU, Tax Withholding, CEO, Director
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.