Form 4: Snowflake Inc. Chief Accounting Officer Reports Stock Transaction

Emily Ho, Chief Accounting Officer at Snowflake Inc., reported a transaction involving the withholding of shares to cover tax obligations and the vesting of restricted stock units.

Summary

• Emily Ho, the Chief Accounting Officer of Snowflake Inc., filed a Form 4 indicating a transaction on December 16, 2024.
• The transaction involved the disposal of 246 Class A Common Stock shares to cover tax withholding obligations related to the vesting of restricted stock units.
• Following the transaction, Ms. Ho beneficially owns 30,462 shares, which includes shares to be issued in connection with the vesting of restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is typical for executives receiving stock-based compensation.
• Similar filings are regularly made by executives at comparable tech companies such as Datadog, Crowdstrike, and Okta.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine tax-related stock disposal.

Key Dates

Keywords

Form 4, Snowflake Inc., Emily Ho, Chief Accounting Officer, Stock Transaction, Restricted Stock Units, Tax Withholding, Beneficial Ownership