SNOW.NYSESnowflake INC

Form 4: Snowflake SVP Vivek Raghunathan Reports Acquisition of Shares Through Restricted Stock Unit Vesting

Sentiment:

SEC Form 4 Filing


Vivek Raghunathan, SVP of Engineering and Support at Snowflake Inc., reports the acquisition of 17,247 shares of Class A Common Stock through the vesting of restricted stock units.

Summary

  • On March 10, 2025, Vivek Raghunathan, SVP of Engineering and Support at Snowflake Inc., acquired 17,247 shares of Class A Common Stock.
  • This acquisition was due to the vesting of restricted stock units.
  • The price per share was $0.
  • Following the transaction, Raghunathan directly owns 288,043 shares of Snowflake Inc.
  • The restricted stock units vest quarterly over four years, with 6.25% vesting on June 8, 2025, and on each quarterly vest date thereafter, subject to continuous service.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard executive compensation practice. It's neither overly positive nor negative.

Positives

  • The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The reporting person will continue to receive shares as the restricted stock units vest quarterly over the next four years, contingent on continued service with the company.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the stock ownership of company executives.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it aligns executive interests with company performance.

Key Dates

DateDescription
03/10/2025Date of transaction: Acquisition of shares through vesting of restricted stock units.
03/12/2025Date of signature for the Form 4 filing.
06/08/2025First quarterly vesting date for the restricted stock units (6.25%).

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