Snowflake (SNOW) director Mark Garrett exercises 100,000 options and sells 100,000 shares

Rhea-AI Filing Summary

Snowflake Inc. director Mark Garrett reported a combination of option exercise and share sale in the company’s common stock. On May 29, 2026, he exercised stock options for 100,000 shares at an exercise price of $3.74 per share and sold 100,000 shares in an open-market transaction at a weighted-average price of $250.002 per share, with individual trades ranging from $250.000 to $250.170. Following these transactions, he holds 8,801 shares directly and also reports indirect ownership of common stock through four 2011 irrevocable family trusts for the benefit of his children. The filing also notes that some reported holdings include shares to be issued upon vesting of restricted stock units and that the option exercised is now fully vested.

Insider Trade Summary

Net Seller: 100,000 shares ($25,000,200)

Net Sell 7 txns

Insider GARRETT MARK

Role null

Sold 100,000 shs ($25.00M)

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	100,000	$0.00	--
Exercise	Common Stock	100,000	$3.74	$374K
Sale	Common Stock	100,000	$250.002	$25.00M
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Option (Right to Buy) — 400,000 shares (Direct, null); Common Stock — 108,801 shares (Direct, null); Common Stock — 30,253 shares (Indirect, Trust)

Footnotes (1)

1. Includes shares to be issued in connection with the vesting of one or more restricted stock units. The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $250.000 to $250.170, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in these footnotes. The shares are held by the Amy Garrett 2011 Irrevocable Trust FBO Brittany R.G. Smith for which the Reporting Person's child is the beneficiary. The shares are held by the Mark Garrett 2011 Irrevocable Trust FBO Lee A. Garrett for which the Reporting Person's child is the beneficiary. The shares are held by the Mark Garrett 2011 Irrevocable Trust FBO Brittany R.G. Smith for which the Reporting Person's child is the beneficiary. The shares are held by the Amy Garrett 2011 Irrevocable Trust FBO Lee A. Garrett for which the Reporting Person's child is the beneficiary. The stock option is fully vested.

Key Figures

Shares sold: 100,000 shares Weighted-average sale price: $250.002 per share Options exercised: 100,000 shares +4 more

7 metrics

Shares sold 100,000 shares Open-market sale of common stock on May 29, 2026

Weighted-average sale price $250.002 per share Sale of Snowflake common stock, trades from $250.000 to $250.170

Options exercised 100,000 shares Stock option exercise into common stock on May 29, 2026

Option exercise price $3.74 per share Exercise price for stock option (right to buy) common stock

Direct shares after transaction 8,801 shares Common stock directly owned following reported transactions

Derivative transaction count 1 derivative transaction Exercise or conversion of derivative security in this filing

Net share change from buy/sell −100,000 shares Net effect of reported open-market sale versus purchases

Key Terms

Stock Option (Right to Buy), restricted stock units, weighted-average price, Irrevocable Trust, +1 more

5 terms

Stock Option (Right to Buy) financial

"security_title: "Stock Option (Right to Buy)""

restricted stock units financial

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

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

weighted-average price financial

"The price reported in Column 4 is a weighted-average price."

Irrevocable Trust financial

"The shares are held by the Amy Garrett 2011 Irrevocable Trust FBO Brittany R.G. Smith"

An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.

fully vested financial

"The stock option is fully vested."

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Form 4 Insider Transactions: What Each Field Means →

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^*

GARRETT MARK

(Last) (First) (Middle)

C/O SNOWFLAKE INC.

135 CONSTITUTION DRIVE

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

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

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

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

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	05/29/2026		M		100,000	A	$3.74	108,801(1)	D
Common Stock	05/29/2026		S		100,000	D	$250.002(2)	8,801(1)	D
Common Stock								30,253	I	Trust(3)
Common Stock								30,253	I	Trust(4)
Common Stock								30,252	I	Trust(5)
Common Stock								30,252	I	Trust(6)

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
Stock Option (Right to Buy)	$3.74	05/29/2026		M			100,000	(7)	04/14/2028	Common Stock	100,000	$0	400,000	D

Explanation of Responses:

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

2. The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $250.000 to $250.170, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in these footnotes.

3. The shares are held by the Amy Garrett 2011 Irrevocable Trust FBO Brittany R.G. Smith for which the Reporting Person's child is the beneficiary.

4. The shares are held by the Mark Garrett 2011 Irrevocable Trust FBO Lee A. Garrett for which the Reporting Person's child is the beneficiary.

5. The shares are held by the Mark Garrett 2011 Irrevocable Trust FBO Brittany R.G. Smith for which the Reporting Person's child is the beneficiary.

6. The shares are held by the Amy Garrett 2011 Irrevocable Trust FBO Lee A. Garrett for which the Reporting Person's child is the beneficiary.

7. The stock option is fully vested.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	06/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Snowflake (SNOW) director Mark Garrett report?

Mark Garrett reported exercising stock options and selling Snowflake shares. He exercised 100,000 options at $3.74 per share and sold 100,000 common shares at a weighted-average price of $250.002 per share, all dated May 29, 2026, while retaining a remaining equity stake.

How many Snowflake (SNOW) shares did Mark Garrett sell and at what price?

Mark Garrett sold 100,000 Snowflake common shares in an open-market transaction. The weighted-average sale price was $250.002 per share, with individual trades occurring between $250.000 and $250.170, according to the price range disclosed in the filing footnote.

What stock options did Mark Garrett exercise in Snowflake (SNOW)?

Mark Garrett exercised stock options covering 100,000 Snowflake common shares. The options had an exercise price of $3.74 per share and were described as fully vested. After this exercise, his reported derivative position for that option grant shows 400,000 options remaining outstanding before the exercise record.

How many Snowflake (SNOW) shares does Mark Garrett own after these transactions?

After the reported transactions, Mark Garrett holds 8,801 Snowflake common shares directly. He also reports additional indirect ownership through several 2011 irrevocable family trusts for the benefit of his children, each trust holding a disclosed block of common stock as of the transaction date.

How are family trusts involved in Mark Garrett’s Snowflake (SNOW) holdings?

The filing states that certain Snowflake shares are held by the Amy Garrett 2011 and Mark Garrett 2011 Irrevocable Trusts for the benefit of his children. These positions are reported as indirect ownership, with each trust holding a disclosed number of common shares on behalf of the named beneficiaries.

What does the weighted-average sale price mean in the Snowflake (SNOW) Form 4?

The weighted-average sale price of $250.002 per share reflects multiple trades executed at prices between $250.000 and $250.170. The filing notes that full trade-by-trade details are available upon request from Snowflake, any security holder, or the SEC staff for additional transaction granularity.