STOCK TITAN

Snowflake (SNOW) Form 144: 99,900 shares tied to option exercise listed

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

Rhea-AI Filing Summary

Snowflake proposed resale of 99,900 shares of Common Stock in connection with a stock option exercise dated 06/29/2026. The excerpt also lists multiple previously reported dispositions by Frank Slootman, including sales on 05/28/2026 (400,000 shares) and 05/29/2026 (437,076 shares).

Positive

  • None.

Negative

  • None.

Insights

Routine resale notice for option-related shares; multiple large insider dispositions are listed.

The filing records a proposed sale of 99,900 shares tied to a stock option exercise dated 06/29/2026. It is a transactional notice under securities resale rules rather than an operational disclosure.

Several large disposals by Frank Slootman are shown with dates and dollar amounts (for example, $93,366,560.00 for 05/28/2026). Cash‑flow treatment and any trading plan references are not included in the excerpt.

Proposed resale 99,900 shares stock option exercise dated 06/29/2026
Broker-dealer Fidelity Brokerage Services LLC 900 Salem Street, Smithfield RI (listed in excerpt)
Reported sale (example) 400,000 shares sale by Frank Slootman on 05/28/2026 for $93,366,560.00
Reported sale (example) 437,076 shares sale by Frank Slootman on 05/29/2026 for $110,332,852.47
Aggregate figure shown $25147570.16 numeric value appearing next to 99,900 in excerpt
Form 144 regulatory
"144: Securities To Be Sold | Common | 06/29/2026 | Stock Option Exercise"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Stock Option Exercise financial
"Common | 06/29/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Broker-dealer financial
"Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917"
A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.
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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

FAQ

What does Snowflake's Form 144 filing show for the proposed sale?

The filing shows a proposed sale of 99,900 shares of Common Stock tied to a stock option exercise dated 06/29/2026. It lists the method as cash and identifies the broker as Fidelity Brokerage Services LLC.

Who is listed as having sold shares recently in the excerpt for SNOW?

Frank Slootman is listed with multiple dispositions: for example, 400,000 shares on 05/28/2026 and 437,076 shares on 05/29/2026, each with the dollar amounts shown in the excerpt.

Does the excerpt state how the proceeds are handled for the proposed sale?

The excerpt labels the transaction as a stock option exercise with payment method Cash. It does not specify recipient parties beyond the broker or how proceeds will be used or allocated in the provided text.

Which broker-dealer is named for the sale in the Form 144 excerpt?

The excerpt names Fidelity Brokerage Services LLC at 900 Salem Street, Smithfield, RI as the broker-dealer associated with the listed securities transactions on 06/29/2026.

Are there dollar amounts shown for the insider sales in the excerpt?

Yes. The excerpt includes dollar values for each listed disposition. Examples include $93,366,560.00 for the 05/28/2026 sale and $110,332,852.47 for the 05/29/2026 sale by the same reporting person.