[144] Snowflake Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 notice for SNOW (Snowflake Inc.) reporting a proposed sale of securities. The filing identifies 11,801 common shares intended for sale with an aggregate market value of $2,634,196.77, against 338,800,000 shares outstanding. The approximate sale date is listed as 09/30/2025 and the execution venue is the NYSE. The shares were acquired through restricted stock vesting on 09/08/2025 (533 shares), 09/15/2025 (7,720 shares) and 09/20/2025 (3,548 shares), and payment is characterized as compensation. The filing states there were no securities sold by the reporter in the past three months and includes the standard declaration that the seller is not aware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine Rule 144 sale notice for vested restricted stock totaling 11,801 shares; size is immaterial relative to outstanding shares.
This Form 144 documents a proposed sale tied to recent restricted stock vesting events and classifies the acquisition consideration as compensation. The proposed aggregate value of $2.63M is explicit, but represents a de minimis portion of the issuer's total outstanding shares (11,801 vs 338.8M). There are no reported sales in the prior three months, which suggests this is not part of a larger, ongoing disposal. For investors, the filing is a routine insider liquidity notice rather than an indicator of company-wide changes.
TL;DR: Governance disclosure appears complete for a Rule 144 notice; vesting-related sales by an insider are disclosed as required.
The form lists the dates and amounts of restricted stock vesting and identifies the broker and planned exchange, meeting basic disclosure obligations. The signer affirms no undisclosed material adverse information, consistent with filing requirements. There is no indication of accelerated or clustered insider sales that would raise governance concerns based on the data provided.