Snowflake grants CEO 1M-share performance award tied to $324–$531 price targets through 2030

Filed July 16, 2026 · Period ending July 15, 2026 · ~1 min read

Key Changes

• high

  CEO Ramaswamy received a 1M-share PSU award requiring stock price milestones from $324 to $531 (designed to add $100B in stockholder value) and service as CEO through Sept 2029–2030, with vested shares deferred one year.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• high

  Award structured in five tranches with performance periods of 2–7 years; highest tranches require sustained $531 price over 90 consecutive days and CEO service through Sept 2030.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• medium

  In a change of control, stock price requirements measured by per-share consideration (linear interpolation above $324); achieved tranches vest, remainder forfeited.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →