Snowflake Director Mark Garrett Files Form 144 for $17.5M Proposed Sale
Snowflake Inc.
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Filing Summary
Form 144 Notice: Snowflake Inc. ($SNOW) Insider: Mark Garrett (Director) Action: Proposed Sale Shares: 50,000 Est. Market Value: $17,500,000.00 (~$350.00/share) Acquisition Source: Stock Option Exercise (Cash, 09/04/2026) Broker: Fidelity Brokerage Services LLC
Comprehensive Analysis
Executive Summary
On September 4, 2026, Snowflake Inc. director Mark Garrett filed a Form 144 notice for the proposed sale of 50,000 common shares with an estimated aggregate market value of $17,500,000.00 ($350.00 per share).
Transaction Details
- Security: Common Stock
- Planned Sale Amount: 50,000 shares
- Estimated Aggregate Market Value: $17,500,000.00
- Approximate Sale Date: September 4, 2026
- Acquisition Origin: Stock option exercise from the issuer on September 4, 2026, funded via cash.
- Broker: Fidelity Brokerage Services LLC
- Prior 3-Month Sales: None reported.
Market & Insider Context
Mark Garrett serves as a member of the Board of Directors at Snowflake Inc. The filing indicates an option exercise and immediate intended monetization of 50,000 shares, representing a standard equity compensation realization event.
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