STOCK TITAN

Snowflake (NYSE: SNOW) insider files to sell 144,650 shares via Fidelity

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

Rhea-AI Filing Summary

Snowflake Inc. (SNOW) filed a Form 144 reporting a proposed sale of 144,650 shares of Common Stock to be sold through Fidelity Brokerage Services on 05/19/2026 for cash. The filing also lists recent dispositions by Frank Slootman: 2,042 shares on 03/10/2026 ($372,542.48), 7,874 shares on 03/17/2026 ($1,380,627.16), 88,701 shares on 03/18/2026 ($15,605,388.68), and 11,299 shares on 03/19/2026 ($1,980,167.83).

Positive

  • None.

Negative

  • None.

Insights

Form 144 shows an intended insider sale and recent sizable dispositions by the CEO.

The filing lists a proposed sale of 144,650 shares on 05/19/2026 through Fidelity, described as a cash transaction. The record of multiple March dispositions by Frank Slootman provides immediate context about recent selling activity.

These are disclosures of planned and past sales; the timing, net proceeds, and whether transactions were pre-arranged are not detailed here. Subsequent regulatory filings will state whether the proposed sale occurred and report actual transaction details.

Proposed shares to be sold 144,650 shares sale through Fidelity Brokerage Services on 05/19/2026
Aggregate value shown (line item) $25,378,431.72 appears adjacent to the 144,650 shares on 05/19/2026 line
Larger numeric entry 345,700,000 numeric field on the same securities line (context unclear in excerpt)
03/18/2026 disposition 88,701 shares sold by Frank Slootman on 03/18/2026 for $15,605,388.68
03/19/2026 disposition 11,299 shares sold by Frank Slootman on 03/19/2026 for $1,980,167.83
03/17/2026 disposition 7,874 shares sold by Frank Slootman on 03/17/2026 for $1,380,627.16
03/10/2026 disposition 2,042 shares sold by Frank Slootman on 03/10/2026 for $372,542.48
Form 144 regulatory
"144: Filer Information"
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.
Option Granted financial
"Securities To Be Sold | Option Granted - 05/29/2019"
Cash financial
"05/19/2026 | Cash"
Broker-dealer financial
"Fidelity Brokerage Services LLC 900 Salem Street"
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.

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 filed on 05/19/2026 disclose?

It discloses a proposed sale of 144,650 shares of Common Stock through Fidelity on 05/19/2026. The filing lists the method as a cash sale and names the broker-dealer handling the transaction.

Who reported recent sales and what were the amounts?

The filing lists recent dispositions by Frank Slootman: 2,042 shares on 03/10/2026 ($372,542.48); 7,874 shares on 03/17/2026 ($1,380,627.16); 88,701 shares on 03/18/2026 ($15,605,388.68); and 11,299 shares on 03/19/2026 ($1,980,167.83).

Which broker is listed for the proposed sale of SNOW shares?

The broker-dealer listed is Fidelity Brokerage Services LLC (900 Salem Street, Smithfield, RI). The filing associates the proposed sale of 144,650 shares with Fidelity on 05/19/2026.

Does the Form 144 state how the proceeds will be used?

The Form 144 excerpt describes the method as a cash sale; it does not state any use-of-proceeds or indicate proceeds recipients beyond the selling holder and broker-dealer information.