Snowflake 8-K: Director Changes & Compensation Disclosures
Ticker: SNOW · Form: 8-K · Filed: 2025-05-08T00:00:00.000Z
Sentiment: neutral
Topics: governance, executive-compensation, filing
Related Tickers: SNOW
TL;DR
Snowflake filed an 8-K on May 7th, reporting director changes and executive pay details. Watch for governance shifts.
AI Summary
Snowflake Inc. filed an 8-K on May 7, 2025, reporting changes in its board of directors and executive compensation arrangements. The filing also includes financial statements and exhibits, indicating potential updates or disclosures related to the company's financial performance and governance.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance updates and disclosures, not immediate financial distress or significant operational changes.
Key Players & Entities
- Snowflake Inc. (company) — Registrant
- May 7, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 46-0636374 (identifier) — IRS Employer Identification No.
- Suite 3A, 106 East Babcock Street, Bozeman, Montana 59715 (address) — Principal Executive Offices
- 844-766-9355 (phone_number) — Registrant's telephone number
FAQ
What specific changes were made to Snowflake's board of directors?
The filing indicates reporting under 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers,' suggesting changes in board composition, though specific names and details are not provided in this excerpt.
What are the key details regarding executive compensation arrangements?
The filing lists 'Compensatory Arrangements of Certain Officers' as an item of information, indicating disclosures related to executive pay, but the specific terms and amounts are not detailed in this header information.
What is the significance of the 'Regulation FD Disclosure' item?
This item suggests that Snowflake is making public disclosures that could be considered material non-public information, ensuring fair disclosure to all investors.
What types of financial statements and exhibits are included in this filing?
The filing states 'Financial Statements and Exhibits' are included, which typically means updated financial reports and supporting documentation are being provided.
When was Snowflake Inc. incorporated, and in which state?
Snowflake Inc. was incorporated in Delaware, as indicated by the filing.
From the Filing
0001640147-25-000078.txt : 20250508 0001640147-25-000078.hdr.sgml : 20250508 20250508160615 ACCESSION NUMBER: 0001640147-25-000078 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250507 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250508 DATE AS OF CHANGE: 20250508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Snowflake Inc. CENTRAL INDEX KEY: 0001640147 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology EIN: 460636374 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39504 FILM NUMBER: 25925980 BUSINESS ADDRESS: STREET 1: 106 EAST BABCOCK STREET STREET 2: SUITE 3A CITY: BOZEMAN STATE: MT ZIP: 59715 BUSINESS PHONE: 844-766-9355 MAIL ADDRESS: STREET 1: 106 EAST BABCOCK STREET STREET 2: SUITE 3A CITY: BOZEMAN STATE: MT ZIP: 59715 FORMER COMPANY: FORMER CONFORMED NAME: Snowflake Computing, Inc. DATE OF NAME CHANGE: 20150421 8-K 1 snow-20250507.htm 8-K snow-20250507 0001640147 false 0001640147 2025-05-07 2025-05-07 0001640147 dei:FormerAddressMember 2025-05-07 2025-05-07 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 7, 2025 SNOWFLAKE INC. (Exact name of registrant as specified in its charter) Delaware 001-39504 46-0636374 (State or other jurisdiction of incorporation or organization) (Commission File Number) (IRS Employer Identification No.) Suite 3A, 106 East Babcock Street 59715 Bozeman, Montana (Address of Principal Executive Offices) 1 (Zip Code) ( 844 ) 766-9355 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, $0.0001 par value SNOW The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 1 The Company is a Delaware corporation with a globally distributed workforce and no corporate headquarters. Under the Securities and Exchange Commission's rules, the Company is required to designate a “principal executive office.” For purposes of this report, it has designated its office in Bozeman, Montana as its principal executive office. Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On M