Were any of Frank Slootman’s Snowflake (SNOW) share movements related to taxes?

Yes. A total of 1,638 shares, split into 1,011 and 627 shares, were withheld to satisfy tax withholding obligations on vesting restricted stock units. These F-code entries are non-market dispositions and do not represent open-market selling activity by the director.

Was Frank Slootman’s Snowflake (SNOW) share sale made under a 10b5-1 plan?

Yes. The filing states the reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted on September 19, 2025. Such pre-arranged plans automate trades over time, reducing the significance of short-term market timing in the transaction.

Director Frank Slootman sells Snowflake (SNOW) shares under 10b5-1 plan

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Snowflake Inc. director Frank Slootman reported an open-market sale of 7,874 shares of common stock at $175.34 per share. The sale was executed under a Rule 10b5-1 trading plan adopted on September 19, 2025.

On the prior day, a total of 1,638 shares (1,011 and 627 shares) were withheld to cover tax obligations upon the vesting of restricted stock units, which is a non-market disposition. Following these transactions, Slootman holds 38,046 shares directly and also reports indirect holdings through several family trusts, including positions of 16,300 and 78,893 shares of Snowflake common stock.

Insider Trade Summary 10b5-1

Net Seller: 7,874 shares ($1,380,627)

Net Sell 7 txns

Insider Slootman Frank

Role Director

Sold 7,874 shs ($1.38M)

Type	Security	Shares	Price	Value
Sale	Common Stock	7,874	$175.34	$1.38M
Tax Withholding	Common Stock	1,011	$178.66	$181K
Tax Withholding	Common Stock	627	$178.66	$112K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 38,046 shares (Direct); Common Stock — 16,300 shares (Indirect, Trust)

Footnotes (1)

Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units. Includes shares to be issued in connection with the vesting of one or more restricted stock units. The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 19, 2025. The shares are held by the Slootman Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee. The shares are held by the Slootman 2023 Children's Trust dated 9/25/2023 for which the Reporting Person is a trustee. 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. 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.

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Form 4 Insider Transactions: What Each Field Means →

03/18/2026 - 07:26 PM

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.

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)
03/16/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/16/2026		F⁽¹⁾		1,011	D	$178.66	46,547⁽²⁾	D
Common Stock	03/16/2026		F⁽¹⁾		627	D	$178.66	45,920⁽²⁾	D
Common Stock	03/17/2026		S⁽³⁾		7,874	D	$175.34	38,046⁽²⁾	D
Common Stock								16,300	I	Trust⁽⁴⁾
Common Stock								78,893	I	Trust⁽⁵⁾
Common Stock								56,331	I	Trust⁽⁶⁾
Common Stock								56,331	I	Trust⁽⁷⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 September 19, 2025.

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

5. The shares are held by the Slootman 2023 Children's Trust dated 9/25/2023 for which the Reporting Person is a trustee.

6. 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.

7. 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	03/18/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Snowflake (SNOW) director Frank Slootman report in this Form 4?

Frank Slootman reported an open-market sale of Snowflake common stock and related tax-withholding events. The filing details one discretionary sale plus shares withheld to satisfy taxes on restricted stock unit vesting, along with his updated direct and indirect shareholdings after these movements.

How many Snowflake (SNOW) shares did Frank Slootman sell and at what price?

He sold 7,874 shares of Snowflake common stock at a price of $175.34 per share. This was recorded as an open-market sale, separate from additional shares withheld purely to satisfy tax obligations associated with the vesting of restricted stock units.

How many Snowflake (SNOW) shares does Frank Slootman hold after these transactions?

After the reported transactions, he holds 38,046 Snowflake shares directly. The filing also shows indirect ownership through several family trusts, with individual trust positions such as 16,300 and 78,893 shares, where he or his spouse serves as trustee.

What indirect Snowflake (SNOW) holdings are reported for Frank Slootman?

The Form 4 lists multiple trusts, including the Slootman Grandchildren's Trust and several 2023–2024 grantor retained annuity trusts. These entities report Snowflake share positions such as 16,300, 56,331, and 78,893 shares, with Slootman or his spouse serving as trustee for the trusts.