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Snowflake (SNOW) director discloses 1,993-share sale and major trust holdings

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Snowflake Inc. director reports insider stock transactions and trust movements. A Form 4 filing shows that on 12/08/2025 the director had 777 shares of common stock withheld at a price of $228.79 to cover tax obligations tied to vesting restricted stock units. On 12/09/2025, the director sold 1,993 shares of Snowflake common stock at a price of $223.31 in an open-market transaction made under a pre-arranged Rule 10b5-1 trading plan adopted on March 26, 2025.

Following these transactions, the director directly owns 150,456 shares of Snowflake common stock and also reports significant indirect ownership through multiple family trusts and an LLC, including 575,737 shares held by the Slootman Living Trust and additional blocks in children’s and grandchildren’s trusts and a grantor retained annuity trust.

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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).
X
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)
12/08/2025
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
Common Stock 12/08/2025 F(1) 777 D $228.79 152,449(2) D
Common Stock 12/09/2025 S(3) 1,993 D $223.31 150,456(2) D
Common Stock 78,893 I Trust(4)
Common Stock 16,300 I Trust(5)
Common Stock 6,384 I LLC(6)
Common Stock 56,331(7) I Trust(8)
Common Stock 56,331(9) I Trust(10)
Common Stock 575,737(11) I Trust(12)
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. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
3. The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 26, 2025.
4. The shares are held by the Slootman 2023 Children's Trust dated 9/25/2023 for which the Reporting Person is a trustee.
5. The shares are held by the Slootman Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee.
6. The shares are held by Invisible Hand Ventures, LLC, of which the Reporting Person is the manager and has sole voting and dispositive power.
7. Reflects the distribution of 34,727 shares from the F. Slootman 2024 Grantor Retained Annuity Trust dated 12/3/2024 to the Slootman Living Trust dated 9/8/1999 as an annuity payment on December 9, 2025.
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. Reflects the distribution of 34,727 shares from the B. Slootman 2024 Grantor Retained Annuity Trust dated 12/3/2024 to the Slootman Living Trust dated 9/8/1999 as an annuity payment on December 9, 2025.
10. 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.
11. Reflects the distributions of 34,727 shares from the F. Slootman 2024 Grantor Retained Annuity Trust dated 12/3/2024 and 34,727 shares from the B. Slootman 2024 Grantor Retained Annuity Trust dated 12/3/2024 to the Slootman Living Trust dated 9/8/1999 as an annuity payments on December 9, 2025.
12. The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.
Remarks:
/s/ Marie Reider, Attorney-in-Fact 12/10/2025
** 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.

FAQ

What insider transaction did Snowflake (SNOW) report on December 8, 2025?

On 12/08/2025, a Snowflake Inc. director had 777 shares of common stock withheld at $228.79 per share to satisfy tax withholding obligations related to the vesting of restricted stock units.

What stock sale by a Snowflake (SNOW) director was reported for December 9, 2025?

The Form 4 reports that on 12/09/2025 the director sold 1,993 shares of Snowflake common stock at a price of $223.31 per share, coded as a sale (S).

Was the Snowflake (SNOW) director’s December 9, 2025 sale under a Rule 10b5-1 plan?

Yes. The sale of 1,993 shares on 12/09/2025 was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 26, 2025.

How many Snowflake (SNOW) shares does the director own directly after these transactions?

After the reported transactions, the director directly owns 150,456 shares of Snowflake Inc. common stock.

What indirect Snowflake (SNOW) holdings are reported through trusts and an LLC?

The director reports indirect ownership of Snowflake shares through several entities, including 78,893 shares in the Slootman 2023 Children's Trust, 16,300 shares in the Slootman Grandchildren's Trust, 6,384 shares in Invisible Hand Ventures, LLC, two grantor retained annuity trusts each holding 56,331 shares, and 575,737 shares in the Slootman Living Trust.

What is the reporting person’s relationship to Snowflake (SNOW)?

The reporting person is disclosed as a Director of Snowflake Inc. on the Form 4.

Snowflake Inc

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74.10B
331.33M
4.1%
71.12%
3.81%
Software - Application
Services-prepackaged Software
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United States
BOZEMAN