STOCK TITAN

Snowflake (SNOW) director discloses 7,728-share sale and RSU tax withholding

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

Rhea-AI Filing Summary

Snowflake Inc. reported insider transactions by a director who files individually. On 12/15/2025, the director disposed of 1,783 shares of common stock at $217.93 through shares withheld to satisfy tax obligations on vested restricted stock units. On 12/16/2025, the director sold 7,728 shares at $212.45 in an open-market transaction executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 26, 2025.

Following these transactions, the director directly beneficially owns 140,945 shares, which include shares to be issued upon vesting of restricted stock units. Additional indirect ownership is reported through an LLC where the director is manager and several family trusts for which the director or spouse serves as trustee.

Positive

  • None.

Negative

  • None.
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)
12/15/2025
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 12/15/2025 F(1) 1,783 D $217.93 148,673(2) D
Common Stock 12/16/2025 S(3) 7,728 D $212.45 140,945(2) D
Common Stock 6,384 I LLC(4)
Common Stock 575,737 I Trust(5)
Common Stock 16,300 I Trust(6)
Common Stock 78,893 I Trust(7)
Common Stock 56,331 I Trust(8)
Common Stock 56,331 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. 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 Invisible Hand Ventures, LLC, of which the Reporting Person is the manager and has sole voting and dispositive power.
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 Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee.
7. The shares are held by the Slootman 2023 Children's Trust dated 9/25/2023 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 12/16/2025
** 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 transactions did Snowflake (SNOW) disclose in this report?

The report shows a director disposed of 1,783 shares of Snowflake Inc. common stock on 12/15/2025 at $217.93 through shares withheld for tax on restricted stock unit vesting, and sold 7,728 shares on 12/16/2025 at $212.45 in an open-market sale.

How many Snowflake shares does the reporting director own after these transactions?

After the reported transactions, the director beneficially owns 140,945 shares of Snowflake common stock directly, which includes shares to be issued in connection with the vesting of one or more restricted stock units.

Was the Snowflake (SNOW) stock sale made under a Rule 10b5-1 trading plan?

Yes. The sale of 7,728 shares on 12/16/2025 was effected pursuant to a Rule 10b5-1 trading plan that the reporting person adopted on March 26, 2025, as stated in the explanation of responses.

Why were 1,783 Snowflake shares disposed of on December 15, 2025?

The 1,783 shares disposed of on 12/15/2025 were withheld to satisfy tax withholding obligations arising from the vesting of restricted stock units, rather than being sold in the open market.

What indirect Snowflake share holdings does the director report?

The director reports indirect ownership of Snowflake shares through Invisible Hand Ventures, LLC, where the director is manager with sole voting and dispositive power, and through several trusts, including the Slootman Living Trust, grandchildren's, children's, and grantor retained annuity trusts for which the director or spouse serves as trustee.

What is the directors relationship to Snowflake Inc. in this filing?

The filing identifies the reporting person as a Director of Snowflake Inc., with the form marked as filed by one reporting person rather than a group.

Snowflake Inc

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United States
BOZEMAN