According to the latest Form 4 filing, Snowflake Inc. (SNOW) director Frank Slootman exercised stock options (code M) on June 29, 2026 to acquire 99,900 shares of common stock at an exercise price of $8.88 per share, and on the same day sold a total of 99,900 shares in multiple trades (code S). The sales were executed in several tranches of 24,680, 39,663, 19,988, 15,411 and 158 shares at weighted-average prices ranging from approximately $250.0 to $254.2. These transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on September 19, 2025. Following the transactions, he continues to hold 28,535 shares directly and over 150,000 shares indirectly through various trusts. As this is a planned option exercise and monetization by a director rather than an abrupt discretionary sale, the impact on Snowflake’s fundamentals is limited, though the additional supply may exert some short-term pressure on the share price.