Frank Slootman sells multiple Snowflake shares in March period (NYSE: SNOW)
Rhea-AI Filing Summary
Frank Slootman reported multiple open-market dispositions of Snowflake common stock. The filing lists sales on 12/18/2025 of 200,000 shares for $44,366,300.00, on 01/20/2026 of 200,000 shares for $41,353,990.00, on 02/18/2026 of 100,000 shares for $17,690,800.00, and on 03/10/2026 of 2,042 shares for $372,542.48.
The filing also records a restricted stock vesting event on 03/15/2026. No claims about motives or trading plans are made in the provided excerpt.
Positive
- None.
Negative
- None.
Insights
Multiple sizable sales by the CEO reported across Dec 2025–Mar 2026; disclosure only.
The excerpt lists four dispositions by Frank Slootman with explicit share counts and gross proceeds per transaction. Each sale is dated and shows the proceeds amount, providing clear transaction-level disclosure without additional qualifiers.
Timing and motive are not described in the excerpt; subsequent filings or footnotes would be needed to confirm whether sales were planned (e.g., Rule 10b5‑1) or routine. Follow-up disclosures may clarify withholding, taxes, or retention.