=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-09-04
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: 2026-09-04 | Code: S (Open market sale)
Shares: -403 | Price: $353.87
Total Value: $142,610.01
Shares Owned After: 22,170 | Ownership: D (Direct)
Footnotes:
[F1] Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024.
[F2] 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: 2026-09-04 | Code: S (Open market sale)
Shares: -12,973 | Price: $353.87
Total Value: $4,590,768.48
Shares Owned After: 389,174 | Ownership: I (Indirect) | Nature: By Ltd Partnership
Footnotes:
[F1] Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024.
[F3] 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: 2026-09-04 | Code: S (Open market sale)
Shares: -840 | Price: $353.87
Total Value: $297,251.64
Shares Owned After: 25,196 | Ownership: I (Indirect) | Nature: By Trust (AMS-21)
Footnotes:
[F1] Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024.
[F4] 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: 2026-09-04 | Code: S (Open market sale)
Shares: -840 | Price: $353.87
Total Value: $297,251.64
Shares Owned After: 25,196 | Ownership: I (Indirect) | Nature: By Trust (WWS-21)
Footnotes:
[F1] Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024.
[F4] 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: 2026-09-04 | Code: S (Open market sale)
Shares: -840 | Price: $353.87
Total Value: $297,251.64
Shares Owned After: 25,196 | Ownership: I (Indirect) | Nature: By Trust (LES-21)
Footnotes:
[F1] Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024.
[F4] 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: 2026-09-04 | Code: S (Open market sale)
Shares: -840 | Price: $353.87
Total Value: $297,251.64
Shares Owned After: 25,196 | Ownership: I (Indirect) | Nature: By Trust (ESS-21)
Footnotes:
[F1] Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024.
[F4] 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: 2026-09-04 | Code: S (Open market sale)
Shares: -34,005 | Price: $353.87
Total Value: $12,033,383.36
Shares Owned After: 1,171,746 | Ownership: I (Indirect) | Nature: By Trust (Rev Tr)
Footnotes:
[F1] Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024.
[F5] Shares held prior to the transactions reported herein reflect the receipt of shares pursuant to the pro rata distribution in kind, effected by Sutter Hill Ventures, a California Limited Partnership ("SHV") of all shares previously held by SHV to its limited partners, including the Trust, and its general partner, in each case for no additional consideration, and the further pro rata distribution in kind by the general partner of the shares received from SHV for no additional consideration to its members, including the Trust and Sutter Hill Management Company, L.L.C. ("SHM"). The receipt of such shares constituted a change in form of ownership, which was exempt from reporting pursuant to Rule 16a-13.
[F4] 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 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 #2]
Security: Common Stock
Ownership: I (Indirect)
Footnotes:
[F5] Shares held prior to the transactions reported herein reflect the receipt of shares pursuant to the pro rata distribution in kind, effected by Sutter Hill Ventures, a California Limited Partnership ("SHV") of all shares previously held by SHV to its limited partners, including the Trust, and its general partner, in each case for no additional consideration, and the further pro rata distribution in kind by the general partner of the shares received from SHV for no additional consideration to its members, including the Trust and Sutter Hill Management Company, L.L.C. ("SHM"). The receipt of such shares constituted a change in form of ownership, which was exempt from reporting pursuant to Rule 16a-13.
[F7] Shares held by SHM. The Reporting Person is a managing member of SHM. The Reporting Person disclaims beneficial ownership of these shares except as to the Reporting Person's pecuniary interest therein.
[Holding #3]
Security: Common Stock
Ownership: I (Indirect)
Footnotes:
[F4] 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:
[F4] 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: Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024.
F2: 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.
F3: 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.
F4: 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.
F5: Shares held prior to the transactions reported herein reflect the receipt of shares pursuant to the pro rata distribution in kind, effected by Sutter Hill Ventures, a California Limited Partnership ("SHV") of all shares previously held by SHV to its limited partners, including the Trust, and its general partner, in each case for no additional consideration, and the further pro rata distribution in kind by the general partner of the shares received from SHV for no additional consideration to its members, including the Trust and Sutter Hill Management Company, L.L.C. ("SHM"). The receipt of such shares constituted a change in form of ownership, which was exempt from reporting pursuant to Rule 16a-13.
F6: 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.
F7: Shares held by SHM. The Reporting Person is a managing member of SHM. The Reporting Person disclaims beneficial ownership of these shares except as to the Reporting Person's pecuniary interest therein.
--- Signature ---
/s/ /s/ Kanwalpreet S. Kalra, by power of attorney (2026-09-09)