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Frank Slootman sells 408,721 SNOW shares; issuer plans 100K sale (SNOW)

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

Rhea-AI Filing Summary

Snowflake reports insider sales by Chief Executive Frank Slootman and a planned sale linked to an issuer option. The filing lists four completed dispositions by Frank Slootman: 1,993 shares on 12/09/2025, 7,728 shares on 12/16/2025, 200,000 shares on 12/18/2025, and 200,000 shares on 01/20/2026. The record also shows 100,000 common shares related to an option grant with an intended sale date of 02/18/2026.

Positive

  • None.

Negative

  • None.

Insights

Large, scheduled insider dispositions reported; timing and proceeds are explicit in the notice.

The filing lists four completed dispositions totaling 408,721 shares across December 2025 and January 2026 by Frank Slootman, with per‑trade cash proceeds indicated. It also records a planned sale of 100,000 shares tied to an option event dated 02/18/2026.

Cash‑flow treatment is shown as Cash for the planned sale. Subsequent filings or confirmations would report settlement details; timing beyond the listed dates is not provided in the excerpt.

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 insider sales did SNOW report for Frank Slootman?

The filing reports four dispositions by Frank Slootman: 1,993 shares on 12/09/2025, 7,728 shares on 12/16/2025, and two trades of 200,000 shares on 12/18/2025 and 01/20/2026, with cash proceeds shown for each trade.

Is there a planned sale by the issuer or related to an option in the SNOW filing?

Yes. The filing shows 100,000 common shares tied to an option grant dated 05/29/2019, with an indicated sale date of 02/18/2026 and proceeds labeled as Cash in the excerpt.

How much cash proceeded from the large sales listed in SNOW's filing?

The excerpt shows cash amounts for individual trades, for example $41,353,996.03 associated with each listed 200,000 share sale on 12/18/2025 and 01/20/2026; other listed trades include proceeds tied to their respective share counts.

Does the filing indicate who executed the trades for the planned sale?

The planned 100,000 share sale lists Fidelity Brokerage Services LLC with an address and shows execution under NYSE on 02/18/2026, with the sale method labeled as Cash in the provided excerpt.
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