STOCK TITAN

Snowflake director proposes $94.9M share sale

The proposed shares are listed with an aggregate market value of $94,930,165.97, and Fidelity Brokerage Services LLC is named as broker.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Snowflake Inc. director Frank Slootman reported a proposed sale of 300,000 common shares, with an approximate sale date of October 19, 2026. The proposed shares have an aggregate market value of $94,930,165.97; Fidelity Brokerage Services LLC is named as broker and NYSE as the exchange. The notice also lists prior common-share sales by Slootman dated July 20 through September 21, 2026.

Proposed common shares for sale 300,000 shares Approximate sale date: October 19, 2026
Aggregate market value $94,930,165.97 Value listed for the proposed securities sale
Shares outstanding 352,800,000 shares Issuer shares outstanding stated in the notice
Rule 144 regulatory
"paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"Aggregate market value"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Stock Option Exercise financial
"Stock Option Exercise"
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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SNOW shares did Frank Slootman propose to sell?

Frank Slootman reported a proposed sale of 300,000 Snowflake common shares, with an approximate sale date of October 19, 2026. The listed aggregate market value is $94,930,165.97. Fidelity Brokerage Services LLC is named as broker.

How did Frank Slootman acquire the SNOW shares proposed for sale?

The 300,000 shares are listed as acquired through a stock option exercise from the issuer on October 19, 2026, with cash payment.

Which prior SNOW share sales are listed for Frank Slootman?

The listed sales were 289,685 shares on July 20, 2026; 10,315 on July 21; 251,010 on August 18; 48,990 on August 19; 8,191 on September 16; 197,209 on September 18; and 102,791 on September 21.

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

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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

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