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

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).

Insights

Corporate Governance Analyst

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.

Key Figures

Proposed shares to be sold: 144,650 shares Aggregate value shown (line item): $25,378,431.72 Larger numeric entry: 345,700,000 +4 more

7 metrics

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

Key Terms

Form 144, Option Granted, Cash, Broker-dealer

4 terms

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.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/19/2026 - 04:21 PM Learn about SEC filing dates

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	0001402348
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Snowflake Inc.
SEC File Number	001-39504
Address of Issuer	135 CONSTITUTION DRIVE MENLO PARK CALIFORNIA 94025
Phone	844-766-9355
Name of Person for Whose Account the Securities are To Be Sold	Slootman Frank
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	Director

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	144650	25378431.72	345700000	05/19/2026	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	05/19/2026	Option Granted - 05/29/2019	Issuer			144650	05/19/2026	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
Frank Slootman 135 Constitution Drive Menlo Park CA 94025	Common	03/10/2026	2042	372542.48
Frank Slootman 135 Constitution Drive Menlo Park CA 94025	Common	03/17/2026	7874	1380627.16
Frank Slootman 135 Constitution Drive Menlo Park CA 94025	Common	03/18/2026	88701	15605388.68
Frank Slootman 135 Constitution Drive Menlo Park CA 94025	Common	03/19/2026	11299	1980167.83

144: Remarks and Signature

Remarks
Date of Notice	05/19/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	09/19/2025
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	/s/ Joshua Schmitt, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Frank Slootman.
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)