Form 4: Snowflake Inc. Chief Accounting Officer Reports Stock Transaction
SEC Form 4 Filing
Emily Ho, Chief Accounting Officer of Snowflake Inc., reports the disposal of 1,114 shares of Class A Common Stock to cover tax obligations.
Summary
- On June 17, 2024, Emily Ho, the Chief Accounting Officer of Snowflake Inc., disposed of 1,114 shares of Class A Common Stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The price per share was $130.67.
- Following the transaction, Ho beneficially owns 34,843 shares, including shares to be issued in connection with the vesting of restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no significant positive or negative implications for the company's outlook.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their holdings. This transaction is related to tax obligations from vested stock, which is a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of stock transaction (disposal of shares). |
| 06/20/2024 | Date of signature by Attorney-in-Fact. |
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