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Snowflake director plans sale of 8,191 shares

Snowflake Inc. (SNOW) reports that director Frank Slootman has filed a notice under Rule 144 for a proposed sale of 8,191 shares of common stock.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Snowflake Inc. (SNOW) reports that director Frank Slootman has filed a notice under Rule 144 for a proposed sale of 8,191 shares of common stock. The shares relate to restricted stock vesting on September 15, 2026, with sales to be executed through Fidelity Brokerage Services LLC on the NYSE.

The notice also lists multiple Snowflake common stock sales by Slootman in the prior three months, including transactions on June 16, June 18, June 26, June 29, July 20, July 21, August 18, and August 19, 2026, with individual trades ranging from 100 shares to 289,685 shares.

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Proposed shares to be sold 8,191 shares Common stock under Rule 144 related to restricted stock vesting on September 15, 2026
Shares previously sold on June 18, 2026 200,000 shares Common stock sale reported for June 18, 2026
Proceeds on June 18, 2026 sale $44,854,000.00 Value of 200,000 common shares sold on June 18, 2026
Shares sold on July 20, 2026 289,685 shares Common stock sale reported for July 20, 2026
Proceeds on July 20, 2026 sale $79,486,058.81 Value of 289,685 common shares sold on July 20, 2026
Shares sold on August 18, 2026 251,010 shares Common stock sale reported for August 18, 2026
Proceeds on August 18, 2026 sale $81,710,089.37 Value of 251,010 common shares sold on August 18, 2026
Broker-dealer account value reference $352,800,000 Figure listed alongside Fidelity Brokerage Services LLC for Snowflake common stock
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 09/15/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Frank Slootman"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
Common financial
"Common | Fidelity Brokerage Services LLC 900 Salem Street Smithfield"

FAQ

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

What does Snowflake Inc. (SNOW) disclose in this Form 144 filing?

The filing discloses that director Frank Slootman intends to sell 8,191 shares of Snowflake common stock under Rule 144, related to restricted stock vesting on September 15, 2026, with transactions to be executed through Fidelity Brokerage Services LLC on the NYSE.

How many Snowflake (SNOW) shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 8,191 shares of Snowflake common stock. These shares are tied to restricted stock vesting on September 15, 2026 and are to be sold through Fidelity Brokerage Services LLC.

What prior Snowflake (SNOW) stock sales by Frank Slootman are reported in the past three months?

Reported prior sales include 8,066 shares on June 16, 2026; 200,000 shares on June 18, 2026; 99,900 shares on June 29, 2026; 289,685 shares on July 20, 2026; and 251,010 shares on August 18, 2026, among other trades.

What dollar values are associated with recent Snowflake (SNOW) stock sales by Frank Slootman?

Recent reported sales include proceeds of $44,854,000.00 on June 18, 2026; $25,147,567.26 on June 29, 2026; $79,486,058.81 on July 20, 2026; $81,710,089.37 on August 18, 2026; and $15,715,002.33 on August 19, 2026.

Who is executing the planned Snowflake (SNOW) share sales in this Form 144?

The proposed sales of 8,191 Snowflake common shares are to be executed through Fidelity Brokerage Services LLC. The Form 144 is signed by /s/ Daniel Tucci as a duly authorized representative of Fidelity, acting as attorney-in-fact for Frank Slootman.

On what exchange are the Snowflake (SNOW) shares to be sold according to the Form 144?

The Form 144 states that the 8,191 shares of Snowflake common stock covered by the notice are to be sold on the NYSE.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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

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