Snowflake Inc. (SNOW) Insider Files Proposed Securities Sale

TL;DR

SNOW insider filing 144 - proposed sale of stock coming up.

AI Summary

Michael L. Speiser, a reporting person associated with Snowflake Inc., filed a Form 144 on April 6, 2026, indicating a proposed sale of securities. The filing does not specify the number of shares or the dollar amount of the proposed sale, but it is a standard procedural filing for individuals intending to sell a significant number of shares.

Why It Matters

This filing signals a potential sale of Snowflake Inc. stock by an insider, which could influence market perception and stock price depending on the volume and context of the sale.

Risk Assessment

Risk Level: medium — Form 144 filings can indicate insider selling, which may signal a lack of confidence or a need for liquidity, potentially impacting the stock price.

Key Players & Entities

• Michael L. Speiser (person) — Reporting Person
• Snowflake Inc. (company) — Subject Company
• 0001973251-26-000011 (dollar_amount) — SEC Accession Number

FAQ

Filing Documents

• primary_doc.html (144)
• primary_doc.xml (144) — 6KB
• 0001973251-26-000011.txt ( ) — 7KB

From the Filing

Form 144 Filer Information UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 FORM 144 144: Filer Information Filer CIK 0001433644 Filer CCC XXXXXXXX Is this a LIVE or TEST Filing? LIVE TEST Submission Contact Information Name Phone E-Mail Address 144: Issuer Information Name of Issuer Snowflake Inc. SEC File Number 001-39504 Address of Issuer 135 CONSTITUTION DRIVE MENLO PARK CALIFORNIA 94025 Phone 844-766-9355 Name of Person for Whose Account the Securities are To Be Sold Speiser Michael L See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. Relationship to Issuer Affiliate 144: Securities Information Title of the Class of Securities To Be Sold Name and Address of the Broker Number of Shares or Other Units To Be Sold Aggregate Market Value Number of Shares or Other Units Outstanding Approximate Date of Sale Name the Securities Exchange Common Stifel Nicolaus 501 N Broadway St Louis � MO � 63102 50741 7520055.00 342200000 04/06/2026 NYSE Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor: 144: Securities To Be Sold Title of the Class Date you Acquired Nature of Acquisition Transaction Name of Person from Whom Acquired Is this a Gift? Date Donor Acquired Amount of Securities Acquired Date of Payment Nature of Payment * Class A 03/08/2013 Private Placement Issuer 34005 03/08/2013 Cash Class A 04/02/2014 Private Placement Issuer 1680 04/02/2014 Cash Class A 02/27/2015 Private Placement Issuer 2083 02/27/2015 Cash Class A 03/31/2016 Private Placement Issuer 12973 03/31/2016 Cash * If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid. Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold. 144: Securities Sold During The Past 3 Months Name and Address of Seller Title of Securities Sold Date of Sale Amount of Securities Sold Gross Proceeds Michael L Speiser 755 Page Mill RD Ste A200 Palo Alto � CA � 94304 Common 01/02/2026 50741 11260950.00 Michael L Speiser 755 Page Mill Rd Ste A200 Palo Alto � CA � 94304 Common 02/06/2026 50741 8383264.00 144: Remarks and Signature Remarks Of the shares covered by this Form 144: an aggregate of 37,365 shares were sold by trusts of which Mr. Speiser is a trustee; 403 shares were sold by an individual retirement account for Mr. Speiser; and 12,973 shares were sold by a limited partnership of which Mr. Speiser's trust is the trustee of a trust which is the general partner. Date of Notice 04/06/2026 Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1 12/27/2024 ATTENTION: The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. Signature Kanwalpreet S Kalra under POA ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)