Snowflake CEO Transfers 5,211 Shares, Maintains Large Multi-Trust Holdings

Frank Slootman, Director of Snowflake (SNOW), reported multiple transactions and holdings in a Form 4 filing dated June 28, 2025.

Rhea-AI Filing Summary

Frank Slootman, Director of Snowflake (SNOW), reported multiple transactions and holdings in a Form 4 filing dated June 28, 2025. The key transaction involved a disposition of 5,211 shares of Class A Common Stock on June 23, 2025, through a gift transaction (Code G) at $0.

Following the transaction, Slootman's beneficial ownership includes:

• 165,507 shares held directly, including restricted stock units
• 873,190 shares held indirectly through various entities: - 6,384 shares via Invisible Hand Ventures LLC - 83,014 shares via Slootman Family Foundation - 335,146 shares via Slootman Living Trust - 250,030 shares via 2023 GRAT - Multiple other trust holdings

The reported transaction appears to be part of a pro rata distribution from a fund where Invisible Hand Ventures LLC was a limited partner. Slootman maintains significant control through various trusts and entities, demonstrating complex estate planning arrangements.

Insider Trade Summary

5,211 shares gifted

Gift 8 txns

Insider Slootman Frank

Role Director

Type	Security	Shares	Price	Value
Gift	Class A Common Stock	5,211	$0.00	$0.00
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 165,507 shares (Direct); Class A Common Stock — 6,384 shares (Indirect, LLC); Class A Common Stock — 83,014 shares (Indirect, Foundation); Class A Common Stock — 783,592 shares (Indirect, Trust)

Footnotes (9)

1. F1. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
2. F2. Includes 5,211 shares acquired on June 23, 2025, as part of a pro rata distribution by a fund in which Invisible Hand Ventures, LLC is a limited partner. The Reporting Person is the manager and has sole voting and dispositive power of Invisible Hand Ventures, LLC.
3. F3. The shares are held by Invisible Hand Ventures, LLC, of which the Reporting Person is the manager and has sole voting and dispositive power.
4. F4. The shares are held by the Slootman Family Foundation dated 11/24/2010 for which the Reporting Person is deemed to have voting and investment power over the shares held by the Slootman Family Foundation, but has no personal pecuniary interest in these shares.
5. F5. The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.
6. F6. The shares are held by the Slootman 2023 Grantor Retained Annuity Trust dated 9/25/23 for which the Reporting Person is a trustee.
7. F7. The shares are held by the Slootman Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee.
8. F8. The shares are held by the F. Slootman 2024 Grantor Retained Annuity Trust dated 12/3/2024 for which the Reporting Person is the trustee.
9. F9. The shares are held by the B. Slootman 2024 Grantor Retained Annuity Trust dated 12/3/2024 for which the Reporting Person's spouse is the trustee.

FAQ

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

How many SNOW shares did Frank Slootman dispose of on June 23, 2025?

According to the Form 4 filing, Frank Slootman disposed of 5,211 shares of Snowflake (SNOW) Class A Common Stock on June 23, 2025, through a gift transaction (Transaction Code 'G') at a price of $0.

What is Frank Slootman's total direct ownership of SNOW stock after the June 2025 transaction?

Following the reported transaction, Frank Slootman directly owned 165,507 shares of Snowflake (SNOW) Class A Common Stock, held in Direct (D) ownership form.

How many SNOW shares does Frank Slootman control through trusts and foundations?

Frank Slootman controls a total of 873,048 shares through various trusts and foundations, including: 83,014 shares in the Slootman Family Foundation, 335,146 shares in the Slootman Living Trust, 250,030 shares in the Slootman 2023 GRAT, 16,300 shares in the Grandchildren's Trust, and 182,116 shares in two 2024 GRATs (91,058 shares each).

What positions does Frank Slootman hold at Snowflake (SNOW) according to the Form 4?

According to the Form 4 filing, Frank Slootman serves as a Director of Snowflake Inc. (SNOW), as indicated by the 'X' mark in the Director box under Section 5 (Relationship of Reporting Person(s) to Issuer).

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Accepted by SEC EDGAR 06/24/2025 - 05:51 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Slootman Frank

(Last) (First) (Middle)

C/O SNOWFLAKE INC.

106 EAST BABCOCK STREET, SUITE 3A

(Street)

BOZEMAN MT 59715

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/23/2025		G		5,211	D	$0	165,507(1)	D
Class A Common Stock								6,384(2)	I	LLC(3)
Class A Common Stock								83,014	I	Foundation(4)
Class A Common Stock								335,146	I	Trust(5)
Class A Common Stock								250,030	I	Trust(6)
Class A Common Stock								16,300	I	Trust(7)
Class A Common Stock								91,058	I	Trust(8)
Class A Common Stock								91,058	I	Trust(9)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes shares to be issued in connection with the vesting of one or more restricted stock units.

2. Includes 5,211 shares acquired on June 23, 2025, as part of a pro rata distribution by a fund in which Invisible Hand Ventures, LLC is a limited partner. The Reporting Person is the manager and has sole voting and dispositive power of Invisible Hand Ventures, LLC.

3. The shares are held by Invisible Hand Ventures, LLC, of which the Reporting Person is the manager and has sole voting and dispositive power.

4. The shares are held by the Slootman Family Foundation dated 11/24/2010 for which the Reporting Person is deemed to have voting and investment power over the shares held by the Slootman Family Foundation, but has no personal pecuniary interest in these shares.

5. The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.

6. The shares are held by the Slootman 2023 Grantor Retained Annuity Trust dated 9/25/23 for which the Reporting Person is a trustee.

7. The shares are held by the Slootman Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee.

8. The shares are held by the F. Slootman 2024 Grantor Retained Annuity Trust dated 12/3/2024 for which the Reporting Person is the trustee.

9. The shares are held by the B. Slootman 2024 Grantor Retained Annuity Trust dated 12/3/2024 for which the Reporting Person's spouse is the trustee.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	06/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.