Snowflake (NYSE: SNOW) Form 144 lists proposed insider sales on April–May 2026
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Snowflake submitted a Form 144 notice reporting proposed sales of Common Stock by an insider/holder. The filing lists transactions dated 04/06/2026 and 05/01/2026 with amounts shown as 7,520,055.00 and 7,184,689.00 respectively. The filing also lists historical private placement and pro-rata issuance dates and amounts.
Positive
- None.
Negative
- None.
Insights
Form 144 reports proposed resale activity by an insider/holder under securities resale rules.
The notice lists proposed sales dated 04/06/2026 and 05/01/2026 with amounts 7,520,055.00 and 7,184,689.00. The record also enumerates prior private placements and a pro‑rata distribution.
Cash‑flow treatment and whether sales executed are not shown; subsequent filings or broker reports would confirm completion.
Key Figures
Proposed sale amount (Apr 6, 2026): 7,520,055.00
Proposed sale amount (May 1, 2026): 7,184,689.00
Pro‑rata distribution (historic): 34,005
3 metrics
Proposed sale amount (Apr 6, 2026)
7,520,055.00
listed with date <date>04/06/2026</date>
Proposed sale amount (May 1, 2026)
7,184,689.00
listed with date <date>05/01/2026</date>
Pro‑rata distribution (historic)
34,005
listed as Pro‑rata distribution from Venture Fund on <date>08/24/2012</date>
Key Terms
Form 144, Private Placement, Pro‑rata distribution
3 terms
Form 144 regulatory
"Securities Sold During The Past 3 Months section lists Form 144 notice"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Private Placement financial
"Multiple historic lines show 'Private Placement' as issuance type"
A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.
Pro‑rata distribution financial
"Entry: 'Pro-rata distribution from Venture Fund' dated 06/30/2015"
FAQ
What does Snowflake's Form 144 disclose?
The Form 144 discloses proposed sales of Common Stock by a holder, listing transactions dated 04/06/2026 and 05/01/2026. It also itemizes prior private placement and distribution dates and associated share/amount lines.
Who is the reported selling party in the SNOW Form 144?
The filing names Michael L. Speiser with an address in Palo Alto and lists proposed Common Stock sales on 04/06/2026 and 05/01/2026. No broker or purchaser identities are provided in the excerpt.
What amounts are shown in the Form 144 excerpt for SNOW?
The excerpt shows amounts associated with the transactions as 7,520,055.00 (04/06/2026) and 7,184,689.00 (05/01/2026). The filing also records historical placement entries and a pro‑rata distribution amount of 34,005 on 08/24/2012.
Does the Form 144 confirm the sales were completed?
The Form 144 is a notice of proposed resale and does not itself confirm completion. The excerpt shows proposed sale dates and amounts; execution and settlement status are not provided in this content.