Snowflake (SNOW) CFO Michael Scarpelli files Rule 144 to sell 100,000 shares

Rhea-AI Filing Summary

Snowflake executive Michael P. Scarpelli has filed a notice to sell company stock under Rule 144. The filing covers a planned sale of 100000 shares of Snowflake common stock through Fidelity Brokerage Services LLC on 12/22/2025, with an aggregate market value listed as 22404497.06. The shares relate to an option that was granted on 08/27/2019 and acquired on 12/22/2025 for cash. The form notes that 342200000 shares of common stock were outstanding and that the shares are listed on the NYSE.

The notice also discloses that during the past three months, Scarpelli sold multiple blocks of Snowflake common stock between 09/23/2025 and 09/29/2025, including 318533 shares with gross proceeds of 72581088.65 and 323078 shares with gross proceeds of 72269447.05.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	100000	22404497.06	342200000	12/22/2025	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 *
Common	12/22/2025	Option Granted - 08/27/2019	Issuer			100000	12/22/2025	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 P. Scarpelli Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	09/23/2025	318533	72581088.65
Michael P. Scarpelli Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	09/24/2025	85099	19172557.91
Michael P. Scarpelli Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	09/25/2025	176922	39388781.78
Michael P. Scarpelli Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	09/26/2025	323078	72269447.05
Michael P. Scarpelli Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	09/29/2025	96368	21716663.72

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Snowflake (SNOW) insider Michael P. Scarpelli plan to sell under this Rule 144 notice?

The notice states that Michael P. Scarpelli plans to sell 100000 shares of Snowflake common stock. The shares are to be sold through Fidelity Brokerage Services LLC and are listed with an aggregate market value of 22404497.06.

How were the Snowflake (SNOW) shares in this Form 144 acquired?

The filing explains that the shares come from a stock option granted on 08/27/2019. The common shares were acquired on 12/22/2025 and the nature of payment was cash for 100000 securities acquired.

How many Snowflake (SNOW) shares are outstanding according to this Form 144?

The Rule 144 notice lists 342200000 shares of Snowflake common stock outstanding at the time of the filing. This figure provides context for the size of the 100000-share planned sale.

On which exchange are the Snowflake (SNOW) shares in this Form 144 listed?

The securities covered by the notice are Snowflake common shares listed on the NYSE. The planned sale of 100000 shares is associated with this exchange.

Which broker is handling the Snowflake (SNOW) insider sale disclosed in this Form 144?

The planned sale of 100000 Snowflake common shares is to be executed through Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI 02917, as stated in the filing.

What Snowflake (SNOW) insider sales by Michael P. Scarpelli occurred in the past 3 months?

The notice lists several prior sales of Snowflake common stock by Michael P. Scarpelli during the past three months, including 318533 shares sold on 09/23/2025 for gross proceeds of 72581088.65 and 323078 shares sold on 09/26/2025 for gross proceeds of 72269447.05.

What representation does the Snowflake (SNOW) insider make when signing this Form 144?

By signing the notice, the person for whose account the securities will be sold represents that they do not know any material adverse information about Snowflake's current or prospective operations that has not been publicly disclosed, as stated in the form's attestation language.