Snowflake director Slootman sells 7,874 shares
Snowflake Inc. director Frank Slootman reported an open-market sale of 7,874 shares of common stock at $175.34 per share.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,874 | $175.34 | $1.38M |
| Exercise Price or Tax Liability | Common Stock | 1,011 | $178.66 | $181K |
| Exercise Price or Tax Liability | Common Stock | 627 | $178.66 | $112K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (7)
- F1. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
- F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
- F3. 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.
- F4. The shares are held by the Slootman Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee.
- F5. The shares are held by the Slootman 2023 Children's Trust dated 9/25/2023 for which the Reporting Person is a trustee.
- F6. 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.
- F7. 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.
FAQ
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