Form 4: Snowflake Inc. Executive Emily Ho Reports Stock Disposals to Cover Tax Obligations
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
| Date | Description |
|---|---|
| 09/16/2024 | Date of stock disposal transactions |
| 09/18/2024 | Date of signature for the Form 4 filing |
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