STOCK TITAN

Snowflake (NYSE: SNOW) insider sells 200,000 shares via option exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Snowflake Inc. proposed the sale of 200,000 shares of Common Stock via a stock option exercise for cash, with an intended sale date of 06/18/2026. The filing also lists multiple sales by Frank Slootman in the three months before the notice, with individual dispositions and gross proceeds shown by date.

Positive

  • None.

Negative

  • None.
Proposed sale 200,000 shares stock option exercise scheduled 06/18/2026
Broker listed Fidelity Brokerage Services LLC identified for the 200,000-share transaction
Prior sale (03/18/2026) 88,701 shares Frank Slootman disposition on 03/18/2026
Prior sale (05/28/2026) 400,000 shares Frank Slootman disposition on 05/28/2026
Prior sale (05/29/2026) 437,076 shares Frank Slootman disposition on 05/29/2026
Example gross proceeds (05/29/2026) $110,332,852.47 gross proceeds reported for the 437,076-share sale on 05/29/2026
Form 144 regulatory
"proposed sale of 200,000 shares via a stock option exercise"
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.
Stock Option Exercise financial
"Stock Option Exercise | Issuer | 200000 | 06/18/2026 | Cash"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Fidelity Brokerage Services LLC market
"Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917"
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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Snowflake's Form 144 (SNOW) report?

It reports a proposed sale of 200,000 shares from a stock option exercise scheduled for 06/18/2026. The filing lists past dispositions by Frank Slootman with dates and gross proceeds for each sale within the prior three months.

Who is the selling party named in the Form 144 for SNOW?

The filing lists Frank Slootman as the reporting person for multiple prior sales and identifies Fidelity Brokerage Services LLC as a broker for the current 200,000-share exercise sale on 06/18/2026.

How many shares is Snowflake proposing to sell on 06/18/2026?

The notice shows a proposed sale of 200,000 shares via stock option exercise, with the transaction method listed as Cash and the intended date 06/18/2026.

What recent sales by Frank Slootman are disclosed in the filing?

The filing lists multiple prior dispositions by Frank Slootman: 88,701 (03/18/2026), 11,299 (03/19/2026), 144,650 (05/19/2026), and others, each with the gross proceeds shown alongside the sale date.

Does the Form 144 state how proceeds will be used?

The notice indicates the 200,000-share transaction arises from a stock option exercise for cash; the filing does not specify any use-of-proceeds instructions or allocations in the provided excerpt.