---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-048373"
form_type: "8-K"
ticker: "SNOW"
cik: "0001640147"
company_name: "Snowflake Inc."
filed_at: "2026-07-16T10:22:16+00:00"
generated_at: "2026-07-16T10:25:10.584140+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Snowflake grants CEO Sridhar Ramaswamy 1M PSUs with stock price milestones up to $531

## Summary
- CEO Sridhar Ramaswamy receives PSU award of 1,000,000 shares under 2020 Equity Incentive Plan.
- Award divided into five tranches with stock price targets from $324 to $531, requiring up to $100B value creation.
- Service-based vesting: September 15, 2029 for tranches 1-2, September 15, 2030 for tranches 3-5, subject to CEO service.
- Performance periods range from 2 to 7 years; unearned tranches forfeited if stock price targets not met.
- Shares subject to one-year delivery deferral after vesting; clawback provisions apply for misconduct or accounting restatement.

## SEC filing metadata
- accession: 0001628280-26-048373
- form_type: 8-K
- ticker: SNOW
- cik: 0001640147
- company_name: Snowflake Inc.
- filed_at: 2026-07-16T10:22:16+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640147/000162828026048373/0001628280-26-048373-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640147/000162828026048373/snow-20260715.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-048373
- JSON: https://secwatch.observer/filing/0001628280-26-048373.json
- Plain text: https://secwatch.observer/filing/0001628280-26-048373.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.