Form 4: Snowflake Director Mark McLaughlin Receives Restricted Stock Unit Grant

Snowflake Inc. Director Mark D. McLaughlin reported the acquisition of 1,373 restricted stock units (RSUs) and updated his beneficial ownership, including shares held indirectly through trusts and LLCs.

Summary

• Mark D. McLaughlin, a Director of Snowflake Inc. (SNOW), acquired 1,373 shares in the form of restricted stock units (RSUs) on July 2, 2025, with an acquisition price of $0.
• These RSUs are scheduled to vest in full on the earlier of the date of the Issuer's 2026 annual stockholders meeting or the first anniversary of the grant date, contingent on continued service.
• Following this transaction, McLaughlin's direct beneficial ownership stands at 15,352 shares, which includes shares to be issued from the vesting of one or more restricted stock units.
• Additionally, McLaughlin indirectly beneficially owns 1,300 shares through the McLaughlin Revocable Living Trust, for which he is a trustee and beneficiary.
• An additional 524 shares are indirectly beneficially owned through the McLaughlin 2020 Dynasty LLC, where McLaughlin serves as the manager.

Sentiment

Score: 6

Explanation: The document reports a routine equity grant to a director, which is a positive sign of continued alignment and compensation, but does not contain information that would significantly alter the company's financial outlook or operations.

Positives

• The grant of 1,373 restricted stock units to Director Mark D. McLaughlin indicates continued alignment of his interests with shareholder value through equity compensation.
• The acquisition of RSUs at a $0 price is a common form of equity compensation, reflecting a commitment to long-term performance.

Future Outlook

The 1,373 restricted stock units granted to Director Mark D. McLaughlin are set to vest in full on the earlier of the date of Snowflake Inc.'s 2026 annual stockholders meeting or the first anniversary of the grant date, subject to his continued service.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically an equity grant to a director. Such grants are a common component of executive and director compensation packages across the technology industry, aligning leadership incentives with long-term company performance and shareholder interests.

Related Party Transactions

• Mark D. McLaughlin indirectly holds 1,300 shares through the McLaughlin Revocable Living Trust, for which he is a trustee and a beneficiary.
• Mark D. McLaughlin indirectly holds 524 shares through the McLaughlin 2020 Dynasty LLC, for which he is the manager.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's interests with long-term shareholder value, as the vesting is contingent on continued service and the value is tied to the company's stock performance.

Next Steps

• Vesting of the 1,373 restricted stock units on the earlier of the 2026 annual stockholders meeting or the first anniversary of the grant date.

Key Dates

Keywords

Snowflake, SNOW, Mark McLaughlin, Director, Restricted Stock Units, RSU, Insider Transaction, Beneficial Ownership, SEC Form 4, Equity Compensation