Snowflake (SNOW) CRO granted 28,478 RSUs vesting quarterly over 4 years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snowflake Inc. reported that Chief Revenue Officer Michael S. Gannon received a grant of 28,478 shares of Common Stock in the form of restricted stock units at no purchase price. These RSUs will vest quarterly over four years, with 6.25% vesting on June 15, 2026 and on each Quarterly Vest Date thereafter, subject to his continuous service. Quarterly Vest Dates are March 15, June 15, September 15 and December 15. Following this award, he directly holds 346,836 shares, which include 226 shares acquired under a Section 423 Employee Stock Purchase Plan on March 12, 2026 and shares to be issued upon vesting of one or more restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gannon Michael S
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,478 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 346,836 shares (Direct)
Footnotes (1)
- The shares represent restricted stock units, which will vest quarterly over four years with 6.25% vesting on June 15, 2026 and on each Quarterly Vest Date thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Vest Dates are each of March 15, June 15, September 15, and December 15. Includes (i) 226 shares acquired under a Section 423 Employee Stock Purchase Plan on March 12, 2026 and (ii) shares to be issued in connection with the vesting of one or more restricted stock units.
FAQ
What insider transaction did Snowflake (SNOW) report for Michael S. Gannon?
Snowflake reported a stock-based compensation grant to Chief Revenue Officer Michael S. Gannon. He received 28,478 restricted stock units of Common Stock at no purchase price, increasing his direct holdings and aligning compensation with long-term company performance through future vesting.
What is the vesting schedule for Michael S. Gannon’s new Snowflake RSUs?
The RSUs vest quarterly over four years, with 6.25% vesting on June 15, 2026 and on each Quarterly Vest Date thereafter. Quarterly Vest Dates are March 15, June 15, September 15 and December 15, and vesting requires continued service through each date.
Are the newly granted Snowflake RSUs an open-market purchase or compensation?
The 28,478 Snowflake RSUs are a compensation-related grant, reported with transaction code “A” for grant or award. They were issued at a price of $0.00 per share and will vest over time, rather than being bought on the open market.