Snowflake CEO Sridhar Ramaswamy Disposes Shares for Tax Withholding
Snowflake Inc.
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Filing Summary
# Insider Transaction Report: Snowflake Inc. (SNOW)
**Filer:** Ramaswamy Sridhar | **Title:** Chief Executive Officer & Director
**Filing Date:** 2026-09-22 | **Transaction Date:** 2026-09-21
### Summary
- **Transaction Type:** Tax Withholding (Code F)
- **Shares Disposed:** 4,427 shares
- **Price Per Share:** $332.43
- **Total Value:** $1,471,667.61
- **Post-Transaction Direct Ownership:** 459,440 shares
- **Indirect Ownership (Trust):** 1,923 shares
- **Trading Significance:** Low (Mandatory tax withholding on RSU vesting)
Comprehensive Analysis
Executive Summary
On September 22, 2026, Snowflake Inc. ($SNOW) filed a Form 4 on behalf of its Chief Executive Officer and Director, Sridhar Ramaswamy. The filing reports the disposition of 4,427 shares of Common Stock on September 21, 2026, executed across two tranches (3,415 shares and 1,012 shares) at a price of $332.43 per share, totaling approximately $1.47 million.
Transaction Nature & Significance
- Transaction Code F: Both reported lines reflect shares automatically withheld by the company to satisfy statutory tax withholding obligations associated with the vesting of restricted stock units (RSUs).
- Market Impact & Significance: This disposition does not represent an open-market sale or discretionary insider selling. Because the transactions were mandatory tax-withholding events, the trading significance is rated as Low.
Beneficial Ownership Post-Transaction
- Direct Ownership: 459,440 shares (including unvested RSUs).
- Indirect Ownership: 1,923 shares held indirectly through The Ramaswamy Trust dated 1/8/2001.
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