Snowflake Insider Trading Alert: Executive to Sell 19K Shares Following Earlier $4.1M Sale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Form 144 Notice of Proposed Sale filed for Snowflake (SNOW) indicates insider stock sales planned by a company executive. The filing details proposed sales of 19,111 Class A shares with an aggregate market value of $4,219,746, representing a small fraction of the 333.7 million shares outstanding.
The securities to be sold were acquired through multiple transactions:
- 15,670 shares from options granted on 01/22/2020, exercised on 06/24/2025
- 2,217 shares from restricted stock vesting on 07/05/2023
- 1,224 shares from restricted stock vesting on 07/07/2022
The seller previously disposed of 20,789 Class A shares on 05/23/2025 for gross proceeds of $4,157,800. The planned sale will be executed through Fidelity Brokerage Services on the NYSE, with an approximate sale date of 06/24/2025.
Positive
- None.
Negative
- Insider Jeremy Burton plans to sell 19,111 shares worth approximately $4.22M, following recent sale of 20,789 shares worth $4.16M in May 2025, indicating continued selling pressure from insider
FAQ
Has the SNOW insider made any other recent sales in the past 3 months?
Yes, according to the filing, Jeremy Burton, located in Bozeman MT, previously sold 20,789 shares of SNOW Class A stock on May 23, 2025, generating gross proceeds of $4,157,800.00.