Snowflake Insider Gannon Files Form 4 on Ownership Change

TL;DR

**Snowflake insider Gannon reported a change in ownership; check the full filing for transaction details.**

AI Summary

Michael S. Gannon, an insider at Snowflake Inc., filed a Form 4 on March 24, 2026, indicating a change in his beneficial ownership of Snowflake securities as of March 20, 2026. While the filing itself doesn't detail the transaction, it signals that an executive's stake in the company has shifted. This matters to investors because insider transactions can sometimes provide clues about management's confidence in the company's future performance, though the specific nature of this transaction (buy or sell) is not provided in the summary. Investors should investigate the full filing to understand the details of the transaction.

Why It Matters

This filing signals a change in an insider's stake, which can be an indicator of their sentiment towards the company's future prospects. Investors often monitor these filings for insights into potential stock performance.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of an insider's ownership change and does not inherently indicate high risk without knowing the transaction details.

Analyst Insight

A smart investor would access the full Form 4 document (wk-form4_1774397327.html or .xml) to determine if Michael S. Gannon bought or sold shares, the quantity, and the price, as this detail is crucial for interpreting the insider's sentiment.

Key Players & Entities

• Gannon Michael S (person) — Reporting insider
• Snowflake Inc. (company) — Issuer of securities
• 0002060309 (person) — CIK of Gannon Michael S
• 0001640147 (company) — CIK of Snowflake Inc.

FAQ

Filing Documents

• wk-form4_1774397327.html (4)
• wk-form4_1774397327.xml (4) — 4KB
• 0002060309-26-000004.txt ( ) — 5KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Gannon Michael S (Last) (First) (Middle) C/O SNOWFLAKE INC. 135 CONSTITUTION DRIVE (Street) MENLO PARK CALIFORNIA 94025 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol Snowflake Inc. [ SNOW ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Chief Revenue Officer 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/20/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/20/2026 A (1) 28,478 A $ 0 346,836 (2) D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: 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. 2. 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. Remarks: /s/ Marie Reider, Attorney-in-Fact 03/24/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)

View Full Filing

View this 4 filing on SEC EDGAR