STOCK TITAN

Snowflake (SNOW) CEO Frank Slootman sells large blocks of shares

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

Rhea-AI Filing Summary

Snowflake reported proposed secondary sales via a Form 144 notice showing multiple dispositions by Frank Slootman. The excerpt lists individual sale dates and amounts, including a 400,000 shares sale on 05/28/2026 with proceeds shown as $93,366,558.20.

Positive

  • None.

Negative

  • None.

Insights

CEO reported a sequence of large share sales across March–May 2026.

The filing lists multiple dispositions by Frank Slootman, including 144,650 shares on 05/19/2026 and 400,000 shares on 05/28/2026, with proceeds recorded in the filing. These are reported sales rather than company actions.

Cash‑flow treatment is shown per transaction in the excerpt; timing and reasons for the sales are not stated in the provided text. Subsequent filings or footnotes may clarify whether sales were pre‑arranged or routine liquidity events.

Largest listed sale 400,000 shares 05/28/2026
Proceeds from 05/28/2026 sale $93,366,558.20 400,000 shares on 05/28/2026
Sale on 05/19/2026 144,650 shares 05/19/2026
Proceeds from 05/19/2026 sale $25,378,435.29 144,650 shares on 05/19/2026
Other March sales shown 11,299; 88,701; 7,874; 2,042 shares 03/10/2026–03/19/2026 individual transactions
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
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.
Option Granted - 05/29/2019 financial
"Common | 05/29/2026 | Option Granted - 05/29/2019"
Proceeds financial
"400000 | 93366558.20"

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 sales by SNOW insider Frank Slootman are shown on Form 144?

The filing lists multiple sales by Frank Slootman, including 400,000 shares on 05/28/2026. The excerpt shows specific trade dates and amounts with proceeds for each sale during March–May 2026.

How much did Frank Slootman receive for the largest sale listed?

The largest single sale in the excerpt shows $93,366,558.20 for 400,000 shares on 05/28/2026. Each trade line in the filing pairs a share count with its reported proceeds.

Are the Form 144 transactions by SNOW insider sales or transfers?

These entries are reported as proposed sales (dispositions) by the insider. The excerpt labels them as sales with dates, share counts, and dollar proceeds for each transaction.

Do the filings state whether the sales were part of a pre‑arranged plan?

The provided excerpt does not state whether the trades were executed under a pre‑arranged plan. The lines only list dates, share counts, and proceeds; plan details are not included in the excerpt.