A director selling ~$25M in stock is a modest signal, but SNOW's historical insider sale patterns have not been reliable directional indicators (22% win rate at T+20). Monitor for actual execution on Form 4 and any concurrent insider buying from other officers. The sale is not alarming in isolation but warrants watching for acceleration.
Price Chart
Executive Summary
Director Mark Garrett filed a Form 144 to sell 100,000 SNOW shares (~$25M at the filing date), representing about 0.29% of his total reported holdings. The sale is planned for open market execution through Fidelity, with shares sourced from vested options granted in 2018. While a director-level sale of this magnitude is notable, the historical calibration data for SNOW shows that prior directional calls on this ticker have underperformed at T+20 (22% win rate), and the score-6/7 cells have negative net alpha, suggesting the market may already discount insider sales at this company.
Key Facts
- Director Mark Garrett filed to sell 100,000 shares of SNOW common stock.
- Estimated aggregate market value of the proposed sale: ~$25,000,198.
- Shares are held directly and sourced from options granted on 04/15/2018.
- The sale is planned for open market execution via Fidelity Brokerage Services LLC.
- Garrett's total beneficial ownership after the sale is not specified in the filing.
Financial Impact
Proposed sale of 100,000 shares valued at approximately $25 million.
Risk Factors
- Insider selling may signal reduced conviction ahead of upcoming earnings or product cycle.
- The sale represents a meaningful portion of the director's disclosed holdings, potentially indicating diversification or liquidity needs.
- Historical calibration shows SNOW insider-sale signals have been poor predictors of near-term price direction.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-004124 |
| Document: 0001959173-26-004124-index.html | 0001959173-26-004124 |
| Document: 0001959173-26-004124.txt | 0001959173-26-004124 |
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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