SNOW.NYSESnowflake INC

Form 4: Snowflake Inc. Executive Emily Ho Reports Stock Disposals to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Emily Ho, Chief Accounting Officer of Snowflake Inc., reported disposing of shares to cover tax withholding obligations related to vesting restricted stock units.

Summary

  • On September 16, 2024, Emily Ho, the Chief Accounting Officer of Snowflake Inc., disposed of 930 shares of Class A Common Stock at a price of $113.67.
  • Additionally, she disposed of 246 shares of Class A Common Stock, also at $113.67, for the same reason.
  • These transactions were to satisfy tax withholding obligations on the vesting of restricted stock units.
  • Following these transactions, Ho beneficially owns 29,272 shares of Class A Common Stock, which includes shares to be issued in connection with the vesting of restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to tax obligations, with no inherent positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and tax obligations, common among publicly traded companies.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they are related to tax obligations and do not indicate a change in the executive's long-term outlook on the company.

Key Dates

DateDescription
09/16/2024Date of stock disposal transactions
09/18/2024Date of signature for the Form 4 filing

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