Snowflake Inc. 4

Snowflake Inc. CEO Frank Slootman exercised 300,000 options at $8.88 and sold 300,000 Snowflake (SNOW) common shares around $319–$333 per share on August 18–19, 2026 under a 10b5-1 plan.

On August 18 and 19, 2026, Snowflake Inc. CEO Frank Slootman exercised fully vested stock options at $8.88 per share for a total of 300,000 shares of common stock and immediately sold essentially all of the acquired shares through a Rule 10b5-1 trading plan at market prices around $319–$333 per share. On August 18, he exercised 251,010 options and then sold 251,010 shares across numerous tranches between roughly $322 and $333 per share, generating proceeds of about $81.8 million. On August 19, he exercised an additional 48,990 options and sold 48,990 shares at prices around $319–$326 per share for proceeds of about $15.7 million. After these transactions, Slootman reported direct ownership of 443,655 Snowflake common shares (plus additional indirect holdings in various family trusts), worth approximately $142 million at the current price, and the filing notes that some of the reported holdings include shares to be issued upon RSU vesting and that all transactions were effected pursuant to a pre-established 10b5-1 plan adopted on September 19, 2025.

Filing Facts

CIK

1640147

Ticker

SNOW

Form

4

Source Type

sec

Accession

0001402348-26-000017

Alert Tier

7