[Form 4] Snowflake Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snowflake Inc. director Michael L. Speiser and related entities reported open-market sales of 50,741 shares of Snowflake common stock. The sales on April 6, 2026 were executed at a weighted-average price of $148.205 per share under a pre-arranged Rule 10b5-1 trading plan adopted on December 27, 2024.
Following these transactions, Speiser holds 22,912 shares directly. Entities associated with him continue to hold significant indirect positions, including 454,039 shares held by a limited partnership and 1,267,279 shares held by a revocable trust, with beneficial ownership disclaimed except for his pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 50,741 shares ($7,520,070)
Net Sell
11 txns
Insider
Speiser Michael L
Role
Director
Sold
50,741 shs ($7.52M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 403 | $148.205 | $60K |
| Sale | Common Stock | 12,973 | $148.205 | $1.92M |
| Sale | Common Stock | 840 | $148.205 | $124K |
| Sale | Common Stock | 840 | $148.205 | $124K |
| Sale | Common Stock | 840 | $148.205 | $124K |
| Sale | Common Stock | 840 | $148.205 | $124K |
| Sale | Common Stock | 34,005 | $148.205 | $5.04M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,912 shares (Direct);
Common Stock — 454,039 shares (Indirect, By Ltd Partnership)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $148.000 to $148.500, 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 range set forth in this footnote. Includes shares to be issued in connection with the vesting of one or more restricted stock units. The Reporting Person shares pecuniary interest in these shares with other parties pursuant to contractual relationships. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest in these shares. Shares held by a limited partnership of which the Reporting Person is a trustee of a trust which is the general partner. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. Shares held by a trust of which the Reporting Person is a Trustee. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. Shares held by Sutter Hill Ventures, a California Limited Partnership ("SHV"). The Reporting Person is a managing director and member of the management committee of the general partner of SHV. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. Shares held by SHM Investments, LLC ("SHMI"). The Reporting Person is a managing member of SHMI. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein.
