Michael Speiser plans sale of 50,741 Snowflake shares

Michael L. Speiser has filed a notice of proposed sale of 50,741 shares of Snowflake common stock through broker Stifel on or about 02/06/2026 on the NYSE, with an aggregate market value of $8,383,264.00.

Rhea-AI Filing Summary

Michael L. Speiser has filed a notice of proposed sale of 50,741 shares of Snowflake common stock through broker Stifel on or about 02/06/2026 on the NYSE, with an aggregate market value of $8,383,264.00.

The filing notes Snowflake had 342,200,000 shares outstanding and that these shares were originally acquired via cash private placements between 2013 and 2017. It also discloses prior sales by Speiser in the past three months: 50,741 shares sold on 01/02/2026 for gross proceeds of $11,260,950.00 and another 50,741 shares on 12/05/2025 for $11,703,629.00.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing for Snowflake (SNOW) disclose?

The filing discloses that Michael L. Speiser plans to sell 50,741 Snowflake common shares through Stifel on or about 02/06/2026. It also details how these shares were originally acquired and lists his other sales in the prior three months.

How many Snowflake shares is Michael L. Speiser planning to sell?

Michael L. Speiser plans to sell 50,741 shares of Snowflake common stock. The filing lists an aggregate market value of $8,383,264.00 for this block, with Stifel acting as broker and the NYSE as the named exchange.

When were the Snowflake shares being sold by Speiser originally acquired?

The shares were acquired in several private placement transactions from the issuer between 2013 and 2017. Each acquisition was paid in cash, and the individual transactions collectively total the 50,741 shares now listed for sale under Rule 144.

What prior Snowflake share sales by Michael L. Speiser are reported?

The filing reports two prior sales: 50,741 shares sold on 01/02/2026 for gross proceeds of $11,260,950.00 and another 50,741 shares on 12/05/2025 for $11,703,629.00, both identified as sales of common stock.

How many Snowflake shares were outstanding according to this Form 144?

The Form 144 states that Snowflake had 342,200,000 shares of common stock outstanding. This figure provides context for the planned 50,741-share sale but is a baseline outstanding share count rather than an amount being newly issued.

Which broker and exchange are involved in the planned Snowflake share sale?

The planned sale of 50,741 Snowflake common shares lists Stifel, located at 501 N Broadway, St. Louis, MO 63102, as the broker. The filing identifies the NYSE as the securities exchange where the shares are expected to be sold.

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Accepted by SEC EDGAR 02/06/2026 - 01:39 PM EST Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001433644
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Snowflake Inc.
SEC File Number	001-39504
Address of Issuer	106 EAST BABCOCK STREET SUITE 3A BOZEMAN MONTANA 59715
Phone	844-766-9355
Name of Person for Whose Account the Securities are To Be Sold	Speiser Michael L
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Affiliate

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Stifel 501 N Broadway St Louis MO 63102	50741	8383264.00	342200000	02/06/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	03/08/2013	Private Placement	Issuer			34005	03/08/2013	Cash
Class A	02/27/2015	Private Placement	Issuer			2083	02/27/2015	Cash
Class A	04/02/2014	Private Placement	Issuer			1680	04/02/2014	Cash
Class A	03/31/2016	Private Placement	Issuer			2489	03/31/2016	Cash
Class A	03/24/2017	Private Placement	Issuer			10484	03/24/2017	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Michael L Speiser 755 Page Mill Rd Ste A200 Palo Alto CA 94304	Common	01/02/2026	50741	11260950.00
Michael L Speiser 755 Page Mill Rd Ste A200 Palo Alto CA 94304	Common	12/05/2025	50741	11703629.00

144: Remarks and Signature

Remarks	Of the shares covered by this Form 144: an aggregate of 37,365 shares were sold by trusts of which Mr. Speiser is a trustee; 403 shares were sold by an individual retirement account for Mr. Speiser; and 12,973 shares were sold by a limited partnership of which Mr. Speiser's trust is the trustee of a trust which is the general partner.
Date of Notice	02/06/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	12/27/2024
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Kanwalpreet S Kalra under POA
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)