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Snowflake holder plans $1.23M share sale

Snowflake Inc. (SNOW) received a Rule 144 notice for a planned sale of 3,876 shares of common stock for the account of Vivek Raghunathan through Fidelity Brokerage Services LLC.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Snowflake Inc. (SNOW) received a Rule 144 notice for a planned sale of 3,876 shares of common stock for the account of Vivek Raghunathan through Fidelity Brokerage Services LLC. The filing lists an aggregate market value of $1,234,544.76 for these shares and notes 352,800,000 shares outstanding as of September 16, 2026.

The shares to be sold arise from restricted stock vesting on September 15, 2026, categorized as compensation from the issuer. The notice also reports that 3,876 shares of common stock were sold in the prior three months on June 16, 2026 for $930,240.00.

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Shares to be sold under Rule 144 3,876 shares Planned sale of Snowflake common stock for the account of Vivek Raghunathan
Aggregate market value of shares to be sold $1,234,544.76 Value associated with 3,876 Snowflake common shares in the Rule 144 notice
Shares sold in past three months 3,876 shares Snowflake common shares sold on June 16, 2026
Proceeds from past three-month sale $930,240.00 Value of Snowflake common shares sold on June 16, 2026
Shares outstanding 352,800,000 shares Snowflake common stock outstanding as of September 16, 2026
Restricted stock vesting date September 15, 2026 Source of 3,876 compensation shares to be sold
Recent sale date June 16, 2026 Date of prior sale of 3,876 Snowflake shares
Rule 144 regulatory
"See the definition of "person" in 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.
Restricted Stock Vesting financial
"Common | 09/15/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Vivek Raghunathan"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

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

What does the Form 144 filing disclose for Snowflake Inc. (SNOW)?

It discloses a planned sale under Rule 144 for 3,876 Snowflake common shares for the account of Vivek Raghunathan, with the sale to be executed through Fidelity Brokerage Services LLC and tied to restricted stock vesting on September 15, 2026.

How many Snowflake (SNOW) shares are covered by this Rule 144 notice?

The notice covers a planned sale of 3,876 shares of Snowflake common stock. These shares are identified as arising from restricted stock vesting on September 15, 2026 and are categorized as compensation from the issuer.

What is the reported market value of the Snowflake (SNOW) shares to be sold?

The filing lists an aggregate market value of $1,234,544.76 for the 3,876 Snowflake common shares subject to the planned Rule 144 sale, as reflected in the securities information dated September 16, 2026.

How many Snowflake (SNOW) shares were sold by the same person in the past three months?

The filing reports that 3,876 Snowflake common shares were sold on June 16, 2026 for proceeds of $930,240.00 during the past three months for the account of Vivek Raghunathan.

What is the total number of Snowflake (SNOW) shares outstanding cited in the filing?

The Rule 144 notice cites 352,800,000 shares of Snowflake common stock as outstanding as of September 16, 2026; this is provided as a baseline figure and not as the amount being sold.

Who signed the Snowflake (SNOW) Form 144 and in what capacity?

The notice is signed by /s/ Daniel Tucci as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Vivek Raghunathan, on the date shown in the remarks section.

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

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Learn about SEC filing dates

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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