Snowflake Inc. 4

Snowflake CEO Frank Slootman exercised 299,000 stock options at $8.88 and sold about 302,000 Snowflake common shares around $268–$278 per share under a 10b5-1 plan.

On July 20 and 21, 2026, Snowflake Inc. CEO Frank Slootman exercised fully vested stock options at $8.88 per share for a total of 299,000 shares of common stock and executed a series of automatic sales under a pre-established Rule 10b5-1 trading plan. On July 20, he exercised 289,685 options and then sold multiple blocks of common stock totaling 292,685 shares at weighted-average prices between approximately $267.77 and $277.03 per share, leaving him with 28,535 directly held shares at the end of that day. On July 21, he exercised an additional 10,315 options and sold 9,315 shares in multiple small tranches at prices ranging from about $269.58 to $278.24 per share, restoring his direct holdings to 28,535 shares after the second day of trading. The transactions appear structured as option-exercise-and-sell programs for liquidity and diversification while maintaining significant indirect holdings through various trusts, and were disclosed as being conducted pursuant to a 10b5-1 plan adopted on September 19, 2025.

Filing Facts

CIK

1640147

Ticker

SNOW

Form

4

Source Type

sec

Accession

0001402348-26-000016

Alert Tier

7