SNOW (SNOW) insider files notice to sell 50,741 common shares
Rhea-AI Filing Summary
An affiliate of SNOW has filed a notice of proposed insider selling under Rule 144. The filing covers the planned sale of 50,741 shares of common stock through broker Stifel on the NYSE, with the issuer reporting 338,800,000 shares outstanding. The seller acquired the shares over several years, mainly through private placements and a pro-rata distribution from a venture fund. The notice also discloses that the same seller disposed of 50,741 shares on both 11/07/2025 and 12/05/2025, with gross proceeds of 13,345,709.00 and 11,703,629.00, respectively. By signing, the seller represents they are not aware of undisclosed material adverse information about the issuer.
Positive
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Negative
- None.
FAQ
What insider transaction is disclosed for SNOW in this Rule 144 filing?
The filing discloses a planned sale of 50,741 shares of common stock of the issuer associated with SNOW, to be executed through Stifel on the NYSE.
How many SNOW shares are outstanding according to this notice?
The issuer reports 338,800,000 shares of common stock outstanding in connection with the planned Rule 144 sale.
What recent SNOW share sales by the insider are reported in the past 3 months?
The seller reports sales of 50,741 common shares on 11/07/2025 for gross proceeds of 13,345,709.00 and another 50,741 shares on 12/05/2025 for gross proceeds of 11,703,629.00.
How did the insider originally acquire the SNOW shares being sold?
The shares were acquired as Class A stock via private placements from the issuer on several dates and through a pro-rata distribution from a venture fund, with consideration paid in cash.
What representation does the insider make about information on SNOW?
By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.
Which broker and exchange are involved in the planned SNOW share sale?
The planned sale of 50,741 common shares is to be executed through Stifel, with the securities listed on the NYSE.