Form 4: Snowflake Director Sells Shares
Insider Transaction (Form 4)
Michael L Speiser, a Director of Snowflake Inc., sold 50,741 shares of common stock on August 7, 2026 for $324.06 per share.
Summary
- Open-market sale: disposed of 403 Common Stock at $324.06 ($130,596) on August 7, 2026; holds 22,573 after (Direct).
- Open-market sale: disposed of 12,973 Common Stock at $324.06 ($4,204,030) on August 7, 2026; holds 402,147 after (Indirect).
- Open-market sale: disposed of 840 Common Stock at $324.06 ($272,210) on August 7, 2026; holds 26,036 after (Indirect).
- Open-market sale: disposed of 840 Common Stock at $324.06 ($272,210) on August 7, 2026; holds 26,036 after (Indirect).
- Open-market sale: disposed of 840 Common Stock at $324.06 ($272,210) on August 7, 2026; holds 26,036 after (Indirect).
- Open-market sale: disposed of 840 Common Stock at $324.06 ($272,210) on August 7, 2026; holds 26,036 after (Indirect).
- Open-market sale: disposed of 34,005 Common Stock at $324.06 ($11,019,660) on August 7, 2026; holds 1,131,259 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $16,443,128 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Michael L Speiser — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-07 | Open-market sale | Common Stock | 403 | $324 | $130.6K | 22,573 |
| 2026-08-07 | Open-market sale | Common Stock | 12,973 | $324 | $4.2M | 402,147 |
| 2026-08-07 | Open-market sale | Common Stock | 840 | $324 | $272.2K | 26,036 |
| 2026-08-07 | Open-market sale | Common Stock | 840 | $324 | $272.2K | 26,036 |
| 2026-08-07 | Open-market sale | Common Stock | 840 | $324 | $272.2K | 26,036 |
| 2026-08-07 | Open-market sale | Common Stock | 840 | $324 | $272.2K | 26,036 |
| 2026-08-07 | Open-market sale | Common Stock | 34,005 | $324 | $11.0M | 1,131,259 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-07 | Open-market sale (403 shares) |
| 2026-08-07 | Open-market sale (12,973 shares) |
| 2026-08-07 | Open-market sale (840 shares) |
| 2026-08-07 | Open-market sale (840 shares) |
| 2026-08-07 | Open-market sale (840 shares) |
| 2026-08-07 | Open-market sale (840 shares) |
| 2026-08-07 | Open-market sale (34,005 shares) |
Keywords
insider transaction, Form 4, SNOW, Snowflake Inc., bearish, Michael L Speiser
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