Form 4: Snowflake CEO Sridhar Ramaswamy's Stock Transaction

Snowflake CEO Sridhar Ramaswamy reported a disposition of 3,990 shares of common stock to cover tax obligations related to restricted stock unit vesting.

Summary

• Sridhar Ramaswamy, Chief Executive Officer and Director of Snowflake Inc. (SNOW), reported a transaction on September 15, 2025.
• The transaction involved the disposition of 3,990 shares of Snowflake common stock.
• These shares were withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
• The shares were disposed of at a price of $221.15 per share.
• Following this transaction, Ramaswamy directly beneficially owns 368,025 shares of common stock.
• Additionally, 1,923 shares are indirectly beneficially owned through The Ramaswamy Trust dated January 8, 2001, for which he is a trustee.

Sentiment

Score: 5

Explanation: This Form 4 reports a routine insider transaction related to tax withholding on RSU vesting, which is a common and expected event for executives. It does not indicate any significant positive or negative operational or financial developments for the company.

Positives

• The transaction is a routine tax withholding event, indicating the vesting of restricted stock units, which is a form of compensation for the CEO.

Negatives

• The disposition of shares, even for tax purposes, reduces the direct beneficial ownership of the CEO.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The filing notes indirect beneficial ownership of 1,923 shares through The Ramaswamy Trust dated 1/8/2001, for which the Reporting Person is a trustee. This constitutes a related party holding.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine tax-related transaction and does not reflect a discretionary sale or a change in the company's fundamentals. It provides transparency into executive compensation and ownership.

Key Dates

Keywords

Snowflake Inc., SNOW, Sridhar Ramaswamy, Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Restricted Stock Units, CEO, Director, Equity Compensation