Form 4: Snowflake Inc. Chief Accounting Officer Emily Ho Reports Stock Transactions
SEC Form 4 Filing
Emily Ho, Chief Accounting Officer of Snowflake Inc., reports the disposition and acquisition of Class A Common Stock.
Summary
- Emily Ho, the Chief Accounting Officer of Snowflake Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On March 15, 2024, 1,836 shares of Class A Common Stock were disposed of to cover tax withholding obligations at a price of $156.97 per share.
- On March 18, 2024, Ms. Ho sold 1,500 shares of Class A Common Stock at a price of $156.98 per share.
- Following these transactions, Ms. Ho beneficially owns 28,393 shares of Class A Common Stock.
- This total includes shares acquired under an Employee Stock Purchase Plan and shares to be issued in connection with the vesting of restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a routine disclosure of stock transactions by a company officer.
Industry Context
Form 4 filings are standard practice for company insiders to report their transactions in company stock, providing transparency to investors.
Stakeholder Impact
- Provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | 154 shares acquired under a Section 423 Employee Stock Purchase Plan |
| 03/15/2024 | 1,836 shares disposed of to satisfy tax withholding obligations. |
| 03/18/2024 | 1,500 shares sold. |
| 03/19/2024 | Date of signature by Attorney-in-Fact. |
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