Snowflake SVP, Engineering Vivek Raghunathan Disposes 12,789 Shares via Tax Withholding & Rule 10b5-1 Plan

Executive Summary

On September 16, 2026, Vivek Raghunathan, SVP of Engineering at Snowflake Inc. ($SNOW), filed a Form 4 detailing dispositions totaling 12,789 shares of Common Stock across September 15 and September 16, 2026, with a total value of approximately $4.20 million.

Transaction Details

• Tax Withholdings (Code F): On September 15, 2026, a total of 8,913 shares (7,839 shares and 1,074 shares) were automatically withheld at a price of $332.35 per share ($2,962,235.55 total) to satisfy tax liabilities associated with the vesting of Restricted Stock Units (RSUs).
• Open Market Sale (Code S): On September 16, 2026, 3,876 shares were sold at $318.51 per share ($1,234,544.76 total) pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on December 31, 2025.
• Post-Transaction Holdings: Direct beneficial ownership stands at 240,453 shares following these transactions.

Analysis & Significance

The overall trading significance is categorized as Low. The majority (~70%) of the disposed shares resulted from mandatory tax withholding on equity vesting, while the remainder were executed under a pre-established Rule 10b5-1 plan. The insider retains substantial ownership of over 240,000 shares.