[144] Snowflake Inc. SEC Filing

Rhea-AI Filing Summary

Snowflake Inc. (SNOW) filed a Form 144 reporting proposed and recent sales of common stock by an insider. The filing shows a proposed sale of 85,099 shares through Fidelity Brokerage Services with an aggregate market value of $19,172,553.89, and reports a prior sale on 09/23/2025 of 318,533 shares for gross proceeds of $72,581,088.65. The filing states the shares to be sold were acquired via an option granted on 08/27/2019 and payment is by cash. The issuers total shares outstanding are listed as 338,800,000. The signer certifies no undisclosed material adverse information.

Positive

• None.

Negative

• Insider selling material share counts: 318,533 shares sold recently and 85,099 proposed, representing notable insider disposition in short timeframe
• Large dollar amounts reported: Recent gross proceeds of $72,581,088.65 and proposed aggregate value of $19,172,553.89 could attract investor attention

Insights

Financial Analyst

Insider reported large cash sales totaling ~403,632 shares in two days; impact appears limited relative to outstanding shares.

The filing discloses a proposed sale of 85,099 shares valued at $19.17M and a prior sale of 318,533 shares for $72.58M. Against the stated 338.8M shares outstanding, these transactions represent a small fraction of the companys float. The shares were acquired under an option granted in 2019 and are being sold through a brokerage. No earnings or operational data are provided, and the filer affirms no undisclosed material adverse information.

Corporate Governance Expert

Reported sales are routine insider dispositions from option exercise; disclosure meets Rule 144 requirements but warrants monitoring.

The notice documents compliance with Rule 144 reporting for both the recent sale and the proposed sale, specifying acquisition by option and cash payment. The filing includes a certification about absence of undisclosed adverse information. From a governance perspective, the disclosure is complete as presented; it does not indicate any governance action or change in control.

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	85099	19172553.89	338800000	09/24/2025	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	09/24/2025	Option Granted - 08/27/2019	Issuer			85099	09/24/2025	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

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 did Snowflake's (SNOW) Form 144 report?

The filing reports a proposed sale of 85,099 common shares (aggregate market value $19,172,553.89) and a prior sale on 09/23/2025 of 318,533 shares for gross proceeds of $72,581,088.65.

Who sold the shares reported on the Form 144?

The seller listed for the prior sale is Michael P. Scarpelli. The proposed sale is to be executed through Fidelity Brokerage Services LLC.

How were the shares being sold acquired?

The shares to be sold were acquired by an option granted on 08/27/2019, and the filing indicates payment will be in cash.

How many Snowflake shares are outstanding per the filing?

The filing lists 338,800,000 shares outstanding.

Does the filing state any undisclosed adverse information?

The signer represents by signature that they do not know of any material adverse information not publicly disclosed regarding the issuer.