[Form 4] Snowflake Inc. Insider Trading Activity
Rhea-AI Filing Summary
Snowflake Inc. (SNOW) disclosed that a director and its Founder and Chief Architect reported multiple transactions on 11/13/2025: an option exercise for 25,000 shares at $13.48, an open‑market sale of 25,000 shares at a weighted average price of $264.45, and a gift of 7,500 shares.
Following these transactions, the filing lists 50,519 shares held directly. It also reports indirect holdings of 3,059,055 shares in The Snow Trust UTA dated 9/10/19, 750,000 shares in The Thira GRAT No. 1 dated 3/13/2025 (beneficial ownership disclaimed), and 750,000 shares in The Selene GRAT No. 1 dated 3/13/2025. The stock option was fully vested and covered 25,000 underlying common shares. The filing notes these transactions were effected pursuant to a Rule 10b5‑1 trading plan adopted on March 28, 2025. It also states that the reported holdings include shares to be issued upon the vesting of restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 25,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 25,000 | $13.48 | $337K |
| Sale | Common Stock | 25,000 | $264.45 | $6.61M |
| Gift | Common Stock | 7,500 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (6)
- F1. The gift, exercise, and sale were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 28, 2025.
- F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
- F3. The shares are held by The Snow Trust UTA dated 9/10/19 for which the Reporting Person is a trustee.
- F4. The shares are held by The Thira GRAT No. 1 dated 3/13/2025 for which the Reporting Person's spouse is the trustee. The Reporting Person has no right to or interest in these shares and disclaims beneficial ownership of these shares.
- F5. The shares are held by The Selene GRAT No. 1 dated 3/13/2025 for which the Reporting Person is the trustee.
- F6. The stock option is fully vested.
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