The filing signals ongoing insider monetization of options. Monitor subsequent Form 4 filings to confirm execution. The selling pattern is consistent and not a new signal of distress, but large continuations of insider selling could indicate lack of confidence in near-term upside.
Price Chart
Executive Summary
Director Frank Slootman filed a Form 144 notice of intent to sell 200,000 shares of Snowflake Inc., valued at approximately $44.85 million. The proposed sale is part of a continued pattern of insider selling following option exercises, with Slootman having sold over 1 million shares in the preceding months. While not unexpected, the size is notable and warrants monitoring for execution.
Key Facts
- Frank Slootman (Director) filed Form 144 proposing sale of 200,000 shares
- Estimated market value of $44,854,008.48
- Shares to be sold are from stock option exercise
- Slootman has executed multiple sales in March, May, and June 2026
- Market cap of Snowflake is $81.3B; sale represents ~0.055% of outstanding
Financial Impact
Proposed sale of $44.85M in common stock; immaterial relative to $81.3B market cap
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-004767 |
| Document: 0001959173-26-004767-index.html | 0001959173-26-004767 |
| Document: 0001959173-26-004767.txt | 0001959173-26-004767 |
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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