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Snowflake SVP of Engineering Surrenders $1.2M in Shares for Tax Withholding
Snowflake Inc.
$SNOW4CIK: 0001640147
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Filing Summary
# Insider Transaction Report: Snowflake Inc. (SNOW)
**Insider:** Raghunathan Vivek
**Title:** SVP, Engineering
**Date:** September 21, 2026
**Filing Date:** September 22, 2026
### Transaction Details
- **Type:** Tax Withholding (Code F)
- **Shares:** 3,603
- **Price:** $332.43
- **Value:** $1,197,745.29
- **Post-Transaction Holdings:** 236,850 shares
**Significance:** Low (Non-discretionary tax withholding on RSU vesting)
Comprehensive Analysis
Transaction Analysis
On September 21, 2026, Vivek Raghunathan, Senior Vice President of Engineering at Snowflake Inc. ($SNOW), had 3,603 shares of Common Stock withheld to satisfy tax withholding obligations triggered by the vesting of restricted stock units (RSUs).
Key Findings:
- Transaction Code:
F(Payment of exercise price or tax liability via withholding of securities). - Price per Share: $332.43, resulting in an aggregate transaction value of $1,197,745.29.
- Direct Ownership After Event: The insider continues to hold 236,850 shares directly, which includes unvested RSUs.
- Trading Significance: Low. This disposition was non-discretionary and purely routine to cover statutory tax obligations associated with RSU settlement, rather than an open-market sale reflecting sentiment on company valuation.
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