Form 4: Snowflake Chief Accounting Officer Reports Tax Withholding Stock Transaction
SEC Form 4 Filing
Emily Ho, Chief Accounting Officer of Snowflake Inc., reports a transaction involving the withholding of shares to cover tax obligations upon the vesting of restricted stock units.
Summary
- On June 10, 2024, Emily Ho, the Chief Accounting Officer of Snowflake Inc., reported a transaction on Form 4.
- The transaction involved the withholding of 119 shares of Class A Common Stock at a price of $126.76 to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Ho beneficially owns 35,957 shares of Snowflake Inc.
- Ho has granted power of attorney to several individuals at Snowflake Inc. and Cooley LLP to handle SEC filings related to her holdings.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation and compliance, indicating a neutral sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, ensuring fair market practices.
Key Dates
| Date | Description |
|---|---|
| June 7, 2024 | Date of execution for the Power of Attorney. |
| June 10, 2024 | Date of the stock transaction (tax withholding). |
| June 12, 2024 | Date of signature for the Form 4 filing. |
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