Snowflake (SNOW) CEO Frank Slootman sells large blocks of shares
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.
Key Figures
Key Terms
Form 144 regulatory
Option Granted - 05/29/2019 financial
Proceeds financial
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