Snowflake Inc. Officer Files Form 144 to Sell $1.23M in Common Stock

Executive Summary

On September 16, 2026, Snowflake Inc. officer Vivek Raghunathan submitted a Form 144 notice of proposed sale for 3,876 shares of Common Stock, representing an aggregate market value of approximately $1,234,545 ($318.51 per share).

Transaction Overview

• Security: Common Stock
• Shares to Sell: 3,876
• Estimated Aggregate Value: $1,234,544.76
• Acquisition Origin: 3,876 shares acquired via Restricted Stock Vesting on September 15, 2026, as compensation from the issuer.
• Execution Mechanism: Fidelity Brokerage Services LLC under a pre-established Rule 10b5-1 trading plan adopted on December 31, 2025.

Prior Transactions (Past 3 Months)

• June 16, 2026: Sold 3,876 shares for gross proceeds of $930,240.00.

Analysis & Market Context

This proposed sale represents routine equity monetization under a Rule 10b5-1 plan following the vesting of restricted stock units. Given the modest transaction volume (3,876 shares) against Snowflake's 352.8 million outstanding shares, the trading significance is considered Low and reflects scheduled executive compensation management rather than discretionary market timing.