Monitor for Form 4 filing to confirm execution of sale. Continued insider selling by a director could signal lack of confidence; track further insider transactions and upcoming earnings for context.
Price Chart
Executive Summary
Director Frank Slootman filed a Form 144 indicating intent to sell 99,900 shares (~$25.2M) of Snowflake common stock on June 29, 2026, from stock option exercise. This is part of a series of large insider sales by Slootman in recent months, totaling over 1.4 million shares since May 2026. While the sale amount is small relative to Snowflake's $86.3B market cap, the repeated selling pattern by a director warrants monitoring.
Key Facts
- Director Frank Slootman filed Form 144 to sell 99,900 shares (~$25.2M) on June 29, 2026.
- Shares are from stock option exercise.
- Slootman has sold over 1.4 million shares in multiple transactions from May to June 2026.
- The sale represents ~0.03% of Snowflake's $86.3B market cap.
Financial Impact
Potential proceeds of ~$25.2M from this sale; cumulative recent sales exceed $300M.
Risk Factors
- Repeated insider selling may indicate reduced conviction in near-term prospects.
- Large options exercise and sale could dilute EPS slightly.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-004935 |
| Document: 0001959173-26-004935-index.html | 0001959173-26-004935 |
| Document: 0001959173-26-004935.txt | 0001959173-26-004935 |
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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