Form 4: Snowflake EVP Grzegorz Czajkowski Reports Stock Transaction
SEC Form 4 Filing
Grzegorz Czajkowski, EVP of Engineering and Support at Snowflake Inc., reported a transaction involving the withholding of shares to cover tax obligations.
Summary
- On June 10, 2024, Grzegorz Czajkowski, EVP of Engineering and Support at Snowflake Inc., reported a transaction on Form 4.
- The transaction involved the disposal of 562 shares of Class A Common Stock at a price of $126.76 per share.
- These shares were withheld to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Czajkowski beneficially owns 108,365 shares, including shares to be issued in connection with the vesting of restricted stock units.
- Czajkowski has granted power of attorney to several individuals at Snowflake Inc. and Cooley LLP to handle SEC filings.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| June 6, 2024 | Date of Power of Attorney execution by Grzegorz Czajkowski |
| June 10, 2024 | Date of stock transaction (disposal of shares for tax withholding) |
| June 12, 2024 | Date of signature of the Form 4 report |
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