4Filing Date: Aug 11, 2026

Snowflake 4: Snowflake director Speiser sells 50,741 shares at $324.06 u… (Aug 11, 2026)

Statement of Changes in Beneficial Ownership

View SEC Filing
ACC: 0001433644-26-000016
Total Value$15.63M
Trades5
Insiders1

Transaction Details

Speiser Michael L
Director·Direct
Sell · Dispose
Common Stock
Shares-403
Price$324.06
Total Value$130.6K
Shares Owned After22.57K
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. | The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $324.000 to $324.365, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | Includes shares to be issued in connection with the vesting of one or more restricted stock units. The Reporting Person shares pecuniary interest in these shares with other parties pursuant to contractual relationships. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest in these shares.

Speiser Michael L
Director·Indirect · By Ltd Partnership
Sell · Dispose
Common Stock
Shares-12.97K
Price$324.06
Total Value$4.20M
Shares Owned After402.15K
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. | The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $324.000 to $324.365, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | Shares held by a limited partnership of which the Reporting Person is a trustee of a trust which is the general partner. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein.

Speiser Michael L
Director·Indirect · By Trust (AMS-21)
Sell · Dispose
Common Stock
Shares-840
Price$324.06
Total Value$272.2K
Shares Owned After26.04K
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. | The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $324.000 to $324.365, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | Shares held by a trust of which the Reporting Person is a Trustee. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein.

Speiser Michael L
Director·Indirect · By Trust (Rev Tr)
Sell · Dispose
Common Stock
Shares-34.01K
Price$324.06
Total Value$11.02M
Shares Owned After1.13M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. | The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $324.000 to $324.365, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | Shares held by a trust of which the Reporting Person is a Trustee. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein.

Speiser Michael L
Director·Indirect · By Sutter Hill Ventures
Common Stock
Shares0
Price-
Total Value$0
Shares Owned After790.16K
10b5-1Holding Only
Footnotes ▸

Shares held by Sutter Hill Ventures, a California Limited Partnership ("SHV"). The Reporting Person is a managing director and member of the management committee of the general partner of SHV. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein.

Post-Transaction Holdings

Speiser Michael L · Director
SecuritySharesChange
Common Stock424.72K-48.22K (-10.20%)
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Deep Analysis

Director Michael L Speiser sold 50,741 shares of Snowflake Inc. common stock on August 7, 2026, under a pre-arranged 10b5-1 trading plan — a passive sale of about $16.4 million.

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Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-08-07 10b5-1 Pre-arranged Plan: Yes --- Issuer --- Name: Snowflake Inc. (SNOW) CIK: 0001640147 --- Reporting Owner --- Name: Speiser Michael L CIK: 0001433644 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -403 | Price: $324.06 Total Value: $130,596.18 Shares Owned After: 22,573 | Ownership: D (Direct) Footnotes: [F1] The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. [F2] The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $324.000 to $324.365, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. [F3] Includes shares to be issued in connection with the vesting of one or more restricted stock units. The Reporting Person shares pecuniary interest in these shares with other parties pursuant to contractual relationships. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest in these shares. [Transaction #2] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -12,973 | Price: $324.06 Total Value: $4,204,030.38 Shares Owned After: 402,147 | Ownership: I (Indirect) | Nature: By Ltd Partnership Footnotes: [F1] The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. [F2] The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $324.000 to $324.365, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. [F4] Shares held by a limited partnership of which the Reporting Person is a trustee of a trust which is the general partner. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. [Transaction #3] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -840 | Price: $324.06 Total Value: $272,210.40 Shares Owned After: 26,036 | Ownership: I (Indirect) | Nature: By Trust (AMS-21) Footnotes: [F1] The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. [F2] The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $324.000 to $324.365, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. [F5] Shares held by a trust of which the Reporting Person is a Trustee. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. [Transaction #4] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -840 | Price: $324.06 Total Value: $272,210.40 Shares Owned After: 26,036 | Ownership: I (Indirect) | Nature: By Trust (WWS-21) Footnotes: [F1] The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. [F2] The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $324.000 to $324.365, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. [F5] Shares held by a trust of which the Reporting Person is a Trustee. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. [Transaction #5] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -840 | Price: $324.06 Total Value: $272,210.40 Shares Owned After: 26,036 | Ownership: I (Indirect) | Nature: By Trust (LES-21) Footnotes: [F1] The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. [F2] The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $324.000 to $324.365, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. [F5] Shares held by a trust of which the Reporting Person is a Trustee. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. [Transaction #6] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -840 | Price: $324.06 Total Value: $272,210.40 Shares Owned After: 26,036 | Ownership: I (Indirect) | Nature: By Trust (ESS-21) Footnotes: [F1] The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. [F2] The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $324.000 to $324.365, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. [F5] Shares held by a trust of which the Reporting Person is a Trustee. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. [Transaction #7] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -34,005 | Price: $324.06 Total Value: $11,019,660.30 Shares Owned After: 1,131,259 | Ownership: I (Indirect) | Nature: By Trust (Rev Tr) Footnotes: [F1] The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. [F2] The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $324.000 to $324.365, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. [F5] Shares held by a trust of which the Reporting Person is a Trustee. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. --- Holdings --- [Holding #1] Security: Common Stock Ownership: I (Indirect) Footnotes: [F6] Shares held by Sutter Hill Ventures, a California Limited Partnership ("SHV"). The Reporting Person is a managing director and member of the management committee of the general partner of SHV. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. [Holding #2] Security: Common Stock Ownership: I (Indirect) Footnotes: [F7] Shares held by SHM Investments, LLC ("SHMI"). The Reporting Person is a managing member of SHMI. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. [Holding #3] Security: Common Stock Ownership: I (Indirect) Footnotes: [F5] Shares held by a trust of which the Reporting Person is a Trustee. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. [Holding #4] Security: Common Stock Ownership: I (Indirect) Footnotes: [F5] Shares held by a trust of which the Reporting Person is a Trustee. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. --- Footnotes (Complete Index) --- F1: The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. F2: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $324.000 to $324.365, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F3: Includes shares to be issued in connection with the vesting of one or more restricted stock units. The Reporting Person shares pecuniary interest in these shares with other parties pursuant to contractual relationships. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest in these shares. F4: Shares held by a limited partnership of which the Reporting Person is a trustee of a trust which is the general partner. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. F5: Shares held by a trust of which the Reporting Person is a Trustee. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. F6: Shares held by Sutter Hill Ventures, a California Limited Partnership ("SHV"). The Reporting Person is a managing director and member of the management committee of the general partner of SHV. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. F7: Shares held by SHM Investments, LLC ("SHMI"). The Reporting Person is a managing member of SHMI. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein. --- Signature --- /s/ /s/ Marie Reider, Attorney-in-Fact (2026-08-11)

keid analysis is for reference only and does not constitute investment advice.