Monitor for additional Form 144 or Form 4 filings from Slootman and other insiders. The persistent selling pattern suggests potential headwinds; consider reducing exposure or hedging ahead of next earnings.
Price Chart
Executive Summary
Director Frank Slootman filed a Form 144 to sell 8,066 shares of Snowflake Inc. (SNOW) valued at approximately $1.94M, following a pattern of massive insider selling totaling over $300M in the prior three months. This continued divestiture by a board member signals potential lack of confidence and adds to selling pressure.
Key Facts
- Frank Slootman (Director) intends to sell 8,066 shares at an estimated market value of $1,935,840.
- Shares are from restricted stock vesting on June 15, 2026.
- Slootman has sold over $300M in SNOW common stock since March 2026, including 400,000 shares on May 28, 2026, and 437,076 on May 29, 2026.
- Filing date: June 16, 2026; sale intended on NYSE.
Financial Impact
Proposed sale of $1.94M; cumulative insider selling by Slootman exceeds $300M in the past three months.
Risk Factors
- Continued insider selling could erode investor confidence and pressure the stock.
- Large insider sales may precede negative fundamental developments or guidance revisions.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-004683 |
| Document: 0001959173-26-004683-index.html | 0001959173-26-004683 |
| Document: 0001959173-26-004683.txt | 0001959173-26-004683 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 16, 2026 15d ago | 144 | $331.02 $334.81 | ▼ −1.14% | ▲ +0.68% | $341.99 (−3.31%) |
Sep 11, 2026 21d ago | Insider Cluster | $328.99 $332.43 | ▲ +1.05% | ▲ +1.27% | $341.99 (+3.95%) |
Sep 9, 2026 22d ago | Insider Cluster | $329.72 $338.39 | ▲ +2.63% | ▲ +3.13% | $341.99 (+3.72%) |
Sep 9, 2026 22d ago | Insider Cluster | $329.72 $338.39 | ▲ +2.63% | ▲ +3.13% | $341.99 (+3.72%) |
Sep 9, 2026 22d ago | Insider Cluster | $329.72 $338.39 | ▲ +2.63% | ▲ +3.13% | $341.99 (+3.72%) |
Sep 4, 2026 27d ago | 144 | $337.18 $332.35 | ▲ +1.43% | ▲ +0.22% | $341.99 (−1.43%) |
Sep 4, 2026 27d ago | 144 | $337.18 $332.35 | ▼ −1.43% | ▼ −0.22% | $341.99 (+1.43%) |
Sep 3, 2026 28d ago | Insider Cluster | $337.18 $332.35 | ▼ −1.43% | ▼ −0.22% | $341.99 (+1.43%) |
Sep 2, 2026 29d ago | 8-K | $356.47 $328.99 | ▼ −7.71% | ▼ −6.56% | $341.99 (−4.06%) |
Aug 28, 2026 4w ago | Insider Cluster | $331.43 $335.50 | ▲ +1.23% | ▲ +1.37% | $341.99 (+3.19%) |
US Market Status
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