Snowflake Inc. 4

Snowflake CEO Sridhar Ramaswamy received an award of 1,000,000 performance stock units convertible into common stock, contingent on service and stock price targets.

On July 15, 2026, Snowflake Inc. Chief Executive Officer Sridhar Ramaswamy was granted 1,000,000 performance stock units (PSUs), each representing the contingent right to receive one share of Snowflake common stock, with no exercise or purchase price. The PSUs are divided into five performance-based tranches and are subject to both continued service and stock price hurdles: 250,000 PSUs have a service-based vesting date of September 15, 2029 (tranches 1 and 2), and the remaining 750,000 PSUs have a service-based vesting date of September 15, 2030 (tranches 3, 4, and 5), in each case contingent on his continued service as CEO through those dates and on the compensation committee certifying that specified stock price targets have been achieved over a 90-day average within the applicable performance periods. Based on the current share price of approximately $267.56, the full award has a notional value of about $267.6 million, and if fully earned, would increase his direct beneficial ownership to 1,000,000 shares.

Filing Facts

CIK

1640147

Ticker

SNOW

Form

4

Source Type

sec

Accession

0001715472-26-000008

Alert Tier

7