Form 4 | Snowflake Director Frank Slootman exercised and sold a total of 55,350 shares
Filings Track
May 29
According to the latest Form 4 filing, Snowflake Inc. (SNOW) Director Frank Slootman on May 26, 2026 exercised stock options with an exercise price of $8.88, acquiring 55,350 shares of common stock (transaction code M). On the same day, he executed several open-market sales totaling 55,350 shares (transaction code S), at weighted-average prices in the approximate range of $175–$178 per share, under a Rule 10b5-1 trading plan adopted on September 19, 2025. Following these transactions, Slootman continues to hold a substantial equity position in Snowflake through both direct ownership and multiple trusts. While insider sales at elevated prices can be interpreted as a modest bearish signal in the short term, the large remaining stake suggests continued alignment with shareholders. Investors should view this activity in the context of overall company fundamentals and broader insider trading patterns.
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