Form 4: Snowflake Director Sells Shares
Insider Transaction (Form 4)
Frank Slootman, a Director of Snowflake Inc., sold 300,000 shares of common stock on September 18, 2026.
Summary
- Option exercise/conversion: acquired 197,209 Common Stock at $8.88 ($1,751,216) on September 18, 2026; holds 216,233 after (Direct).
- Open-market sale: disposed of 15,187 Common Stock at $331.35 ($5,032,243) on September 18, 2026; holds 201,046 after (Direct).
- Open-market sale: disposed of 23,507 Common Stock at $332.19 ($7,808,767) on September 18, 2026; holds 177,539 after (Direct).
- Open-market sale: disposed of 79,366 Common Stock at $333.27 ($26,450,227) on September 18, 2026; holds 98,173 after (Direct).
- Open-market sale: disposed of 42,009 Common Stock at $334.24 ($14,041,088) on September 18, 2026; holds 56,164 after (Direct).
- Open-market sale: disposed of 2,841 Common Stock at $335.23 ($952,383) on September 18, 2026; holds 53,323 after (Direct).
- Open-market sale: disposed of 4,097 Common Stock at $336.11 ($1,377,030) on September 18, 2026; holds 49,226 after (Direct).
- Open-market sale: disposed of 102 Common Stock at $337.05 ($34,379) on September 18, 2026; holds 49,124 after (Direct).
- Open-market sale: disposed of 30,100 Common Stock at $338.61 ($10,192,131) on September 18, 2026; holds 19,024 after (Direct).
- Option exercise/conversion: acquired 102,791 Common Stock at $8.88 ($912,784) on September 21, 2026; holds 121,815 after (Direct).
- Open-market sale: disposed of 1,936 Common Stock at $330.17 ($639,199) on September 21, 2026; holds 119,879 after (Direct).
- Open-market sale: disposed of 2,268 Common Stock at $331.18 ($751,119) on September 21, 2026; holds 117,611 after (Direct).
- Open-market sale: disposed of 6,671 Common Stock at $332.26 ($2,216,513) on September 21, 2026; holds 110,940 after (Direct).
- Open-market sale: disposed of 5,740 Common Stock at $333.46 ($1,914,089) on September 21, 2026; holds 105,200 after (Direct).
- Open-market sale: disposed of 25,159 Common Stock at $334.35 ($8,411,886) on September 21, 2026; holds 80,041 after (Direct).
- Open-market sale: disposed of 25,268 Common Stock at $335.08 ($8,466,827) on September 21, 2026; holds 54,773 after (Direct).
- Open-market sale: disposed of 9,843 Common Stock at $336.29 ($3,310,132) on September 21, 2026; holds 44,930 after (Direct).
- Open-market sale: disposed of 15,867 Common Stock at $337.24 ($5,350,939) on September 21, 2026; holds 29,063 after (Direct).
- Open-market sale: disposed of 7,529 Common Stock at $338.12 ($2,545,713) on September 21, 2026; holds 21,534 after (Direct).
- Open-market sale: disposed of 2,510 Common Stock at $338.99 ($850,875) on September 21, 2026; holds 19,024 after (Direct).
- Option exercise/conversion: disposed of 197,209 Stock Option (Right to Buy) on September 18, 2026; holds 4,239,446 after (Direct).
- Option exercise/conversion: disposed of 102,791 Stock Option (Right to Buy) on September 21, 2026; holds 4,136,655 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $100,345,541 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 |
|---|---|---|---|---|---|---|
| 2026-09-18 | Option exercise/conversion | Common Stock | 197,209 | $9 | $1.8M | 216,233 |
| 2026-09-18 | Open-market sale | Common Stock | 15,187 | $331 | $5.0M | 201,046 |
| 2026-09-18 | Open-market sale | Common Stock | 23,507 | $332 | $7.8M | 177,539 |
| 2026-09-18 | Open-market sale | Common Stock | 79,366 | $333 | $26.5M | 98,173 |
| 2026-09-18 | Open-market sale | Common Stock | 42,009 | $334 | $14.0M | 56,164 |
| 2026-09-18 | Open-market sale | Common Stock | 2,841 | $335 | $952.4K | 53,323 |
| 2026-09-18 | Open-market sale | Common Stock | 4,097 | $336 | $1.4M | 49,226 |
| 2026-09-18 | Open-market sale | Common Stock | 102 | $337 | $34.4K | 49,124 |
| 2026-09-18 | Open-market sale | Common Stock | 30,100 | $339 | $10.2M | 19,024 |
| 2026-09-21 | Option exercise/conversion | Common Stock | 102,791 | $9 | $912.8K | 121,815 |
| 2026-09-21 | Open-market sale | Common Stock | 1,936 | $330 | $639.2K | 119,879 |
| 2026-09-21 | Open-market sale | Common Stock | 2,268 | $331 | $751.1K | 117,611 |
| 2026-09-21 | Open-market sale | Common Stock | 6,671 | $332 | $2.2M | 110,940 |
| 2026-09-21 | Open-market sale | Common Stock | 5,740 | $333 | $1.9M | 105,200 |
| 2026-09-21 | Open-market sale | Common Stock | 25,159 | $334 | $8.4M | 80,041 |
| 2026-09-21 | Open-market sale | Common Stock | 25,268 | $335 | $8.5M | 54,773 |
| 2026-09-21 | Open-market sale | Common Stock | 9,843 | $336 | $3.3M | 44,930 |
| 2026-09-21 | Open-market sale | Common Stock | 15,867 | $337 | $5.4M | 29,063 |
| 2026-09-21 | Open-market sale | Common Stock | 7,529 | $338 | $2.5M | 21,534 |
| 2026-09-21 | Open-market sale | Common Stock | 2,510 | $339 | $850.9K | 19,024 |
| 2026-09-18 | Option exercise/conversion | Stock Option (Right to Buy) | 197,209 | — | — | 4,239,446 |
| 2026-09-21 | Option exercise/conversion | Stock Option (Right to Buy) | 102,791 | — | — | 4,136,655 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-18 | Option exercise/conversion (197,209 shares) |
| 2026-09-18 | Open-market sale (15,187 shares) |
| 2026-09-18 | Open-market sale (23,507 shares) |
| 2026-09-18 | Open-market sale (79,366 shares) |
| 2026-09-18 | Open-market sale (42,009 shares) |
| 2026-09-18 | Open-market sale (2,841 shares) |
| 2026-09-18 | Open-market sale (4,097 shares) |
| 2026-09-18 | Open-market sale (102 shares) |
| 2026-09-18 | Open-market sale (30,100 shares) |
| 2026-09-21 | Option exercise/conversion (102,791 shares) |
| 2026-09-21 | Open-market sale (1,936 shares) |
| 2026-09-21 | Open-market sale (2,268 shares) |
| 2026-09-21 | Open-market sale (6,671 shares) |
| 2026-09-21 | Open-market sale (5,740 shares) |
| 2026-09-21 | Open-market sale (25,159 shares) |
| 2026-09-21 | Open-market sale (25,268 shares) |
| 2026-09-21 | Open-market sale (9,843 shares) |
| 2026-09-21 | Open-market sale (15,867 shares) |
| 2026-09-21 | Open-market sale (7,529 shares) |
| 2026-09-21 | Open-market sale (2,510 shares) |
| 2026-09-18 | Option exercise/conversion (197,209 shares) |
| 2026-09-21 | Option exercise/conversion (102,791 shares) |
Keywords
insider transaction, Form 4, SNOW, Snowflake Inc., bearish, Frank Slootman
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.