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Snowflake Director Michael Speiser Sells $17.96M in Common Stock Under 10b5-1 Plan

Medium SignificanceSeptember 10, 2026 at 12:10:52 PM EDT

Snowflake Inc.

$SNOW4CIK: 0001640147

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Filing Summary

Insider Sale Alert: Snowflake Inc. ($SNOW)

• Insider: Michael L. Speiser (Director) • Transaction: Sold 50,741 shares at $353.871 per share • Total Value: ~$17.96M • Date of Transaction: 2026-09-04 • Plan Type: Rule 10b5-1 Trading Plan (Adopted Dec 27, 2024) • Filing Date: 2026-09-09

Comprehensive Analysis

Transaction Overview

On September 4, 2026, Snowflake Inc. (NYSE: SNOW) Director Michael L. Speiser disposed of a total of 50,741 shares of Common Stock across multiple direct and indirect holdings at a price of $353.871 per share. The aggregate transaction value was approximately $17.96 million.

Breakdown of Sales

  • Direct Ownership: Sold 403 shares (Direct balance after transaction: 22,170 shares).
  • Limited Partnership: Sold 12,973 shares (Balance after transaction: 389,174 shares).
  • Trust (AMS-21): Sold 840 shares (Balance after transaction: 25,196 shares).
  • Trust (WWS-21): Sold 840 shares (Balance after transaction: 25,196 shares).
  • Trust (LES-21): Sold 840 shares (Balance after transaction: 25,196 shares).
  • Trust (ESS-21): Sold 840 shares (Balance after transaction: 25,196 shares).
  • Trust (Rev Tr): Sold 34,005 shares (Balance after transaction: 1,171,746 shares).

Plan Details & Context

  • All transactions were conducted pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on December 27, 2024.
  • Speiser continues to maintain significant direct and indirect exposure to Snowflake across various trusts and affiliated entities, holding well over 1.6 million shares following these transactions.
Topics:#SNOW#Snowflake#InsiderTrading#SEC#Form4#TechStocks

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