Form 4: Snowflake Inc. Chief Accounting Officer Reports Stock Transaction
SEC Form 4 Filing
Emily Ho, Chief Accounting Officer of Snowflake Inc., reports the disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On September 9, 2024, Emily Ho, the Chief Accounting Officer of Snowflake Inc., reported a transaction involving Class A Common Stock.
- The transaction involved the disposition of 165 shares at a price of $108.56 per share to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Ms. Ho beneficially owns 30,448 shares, which includes shares to be issued in connection with the vesting of one or more restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions. It doesn't inherently convey positive or negative sentiment, as it simply reports facts.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors. This transaction appears to be a standard tax-related disposition of shares upon vesting of restricted stock units, which is a common practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Date of the stock transaction (disposition of shares). |
| 09/11/2024 | Date of signature for the Form 4 filing. |
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