Snowflake Inc. 4

Michael L. Speiser sold a total of 52,541 shares of Snowflake Inc. common stock on September 4, 2026 for roughly $18.6 million in open market transactions under a Rule 10b5-1 plan.

On September 4, 2026, Michael L. Speiser reported a series of open market sales of Snowflake Inc. common stock at an average price of approximately $353.87 per share, executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on December 27, 2024. The transactions included the sale of 403 shares held directly and additional sales from multiple affiliated entities and trusts: 12,973 shares held by a limited partnership, 840 shares each from four separate 2021 trusts (AMS-21, WWS-21, LES-21, ESS-21), and 34,005 shares from a revocable trust, for an aggregate of 52,541 shares sold. Total proceeds from these sales are estimated at about $18.6 million. Following the transactions, Speiser continues to hold substantial indirect positions through various entities and trusts (including holdings via a limited partnership, a revocable trust, SHM Investments, LLC, SHM, and additional trusts), with post-transaction reported indirect trust holdings alone exceeding 1.1 million shares, and overall economic exposure remaining very large despite the sales and his partial disclaimers of beneficial ownership.

Filing Facts

CIK

1640147

Ticker

SNOW

Form

4

Source Type

sec

Accession

0001231919-26-001154

Alert Tier

7