Form 4: Snowflake Director Sells Shares
Insider Transaction (Form 4)
Frank Slootman, a Director of Snowflake Inc., sold 8,191 shares of common stock on September 15, 2026 for $318.51 per share.
Summary
- Tax/exercise-price withholding: disposed of 815 Common Stock at $332.35 ($270,865) on September 15, 2026; holds 27,720 after (Direct).
- Tax/exercise-price withholding: disposed of 505 Common Stock at $332.35 ($167,837) on September 15, 2026; holds 27,215 after (Direct).
- Open-market sale: disposed of 8,191 Common Stock at $318.51 ($2,608,915) on September 16, 2026; holds 19,024 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $2,608,915 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Frank Slootman — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-15 | Tax/exercise-price withholding | Common Stock | 815 | $332 | $270.9K | 27,720 |
| 2026-09-15 | Tax/exercise-price withholding | Common Stock | 505 | $332 | $167.8K | 27,215 |
| 2026-09-16 | Open-market sale | Common Stock | 8,191 | $319 | $2.6M | 19,024 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-15 | Tax/exercise-price withholding (815 shares) |
| 2026-09-15 | Tax/exercise-price withholding (505 shares) |
| 2026-09-16 | Open-market sale (8,191 shares) |
Keywords
insider transaction, Form 4, SNOW, Snowflake Inc., bearish, Frank Slootman
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