Snowflake CEO Sridhar Ramaswamy Disposes Shares for Tax Obligations

Executive Summary

On September 15, 2026, Sridhar Ramaswamy, Chief Executive Officer and Director of Snowflake Inc. ($SNOW), reported the disposition of 5,710 shares of Common Stock at a price of $332.35 per share, representing an aggregate transaction value of approximately $1.90 million. The filing was executed via Form 4 filed with the SEC on September 16, 2026.

Transaction Details

• Transaction Type: Payment of Exercise Price or Tax Liability by Delivering or Withholding Securities (Code F)
• Shares Withheld:
  • Lot 1: 3,975 shares at $332.35
  • Lot 2: 1,735 shares at $332.35
  • Total Disposed: 5,710 shares
• Total Value: $1,897,718.50
• Ownership Post-Transaction:
  • Direct: 463,867 shares (includes unvested RSUs)
  • Indirect (via The Ramaswamy Trust): 1,923 shares

Strategic & Market Context

The reported dispositions were non-discretionary tax withholding transactions (Code F) associated with the vesting of Restricted Stock Units (RSUs). Because these sales are automatic and intended solely to cover statutory tax liabilities, they do not reflect discretionary insider sentiment or a shift in executive conviction regarding the company's operational trajectory.