This single director sale is not material given the company's size, but the pattern of insider selling (8 prior sells in 30 days) warrants monitoring for additional filings ahead of the next earnings report. The stock option exercise suggests the sale was pre-planned and not opportunistic.
Price Chart
Executive Summary
Director Mark Garrett filed a Form 144 to sell 50,000 Snowflake shares (estimated $17.5M) via a stock option exercise on September 4, 2026. The sale is small relative to Snowflake's $106B market cap and represents a routine insider diversification move, though it adds to recent insider selling activity totaling $37.8M over the past 30 days.
Key Facts
- Director Mark Garrett filed Form 144 to sell 50,000 shares of Snowflake common stock.
- Estimated market value of the proposed sale is $17,500,000.
- The shares are being sold following a stock option exercise, with the sale date listed as September 4, 2026.
- Total shares outstanding reported in the filing is 346,600,000, making this sale ~0.014% of outstanding shares.
- Recent insider activity (30 days) shows 8 sells totaling $37.8M prior to this filing.
Financial Impact
Proposed sale of 50,000 shares valued at $17.5M, representing ~0.014% of shares outstanding.
Risk Factors
- Continued insider selling could signal lack of confidence in near-term prospects.
- No lock-up or blackout period information provided; sale may be part of a 10b5-1 plan.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (SNOW) — Batch item 1 | 0001959173-26-006744 |
| Document: 0001959173-26-006744-index.html | 0001959173-26-006744 |
| Document: 0001959173-26-006744.txt | 0001959173-26-006744 |
| 144 Filing (SNOW) — Batch item 4 | 0001959173-26-006744 |
| Document: 0001959173-26-006744-index.html | 0001959173-26-006744 |
| Document: 0001959173-26-006744.txt | 0001959173-26-006744 |
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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