SNOW insider files Rule 144 to sell 50,741 common shares
Rhea-AI Filing Summary
Snowflake (SNOW): Notice of proposed insider sale under Rule 144. A selling holder filed to sell up to 50,741 shares of common stock, with an aggregate market value of $11,989,935.93. The approximate date of sale is 10/03/2025 through broker Stifel on NASDAQ.
Recent activity shows three prior sales of 50,741 shares each on 07/07/2025 ($11,237,102.00), 08/01/2025 ($10,589,145.00), and 09/05/2025 ($11,853,097.00).
Shares outstanding were 330,100,000; this is a baseline figure, not the amount being offered.
Positive
- None.
Negative
- None.
Insights
Routine Rule 144 sale filing; modest size vs float.
The filing indicates an intent to sell 50,741 shares of Snowflake common stock with an $11,989,935.93 aggregate market value, using Stifel on NASDAQ, with an approximate sale date of 10/03/2025. This is an administrative notice typical for affiliates under Rule 144.
The excerpt lists prior sales of 50,741 shares on three dates with gross proceeds ranging from $10,589,145.00 to $11,853,097.00. Shares outstanding are 330,100,000, providing scale context.
Actual impact depends on execution of the planned sale. Holder decisions and market conditions will determine activity, as is customary under Rule 144.