4Filing Date: Sep 9, 2026

Snowflake

Statement of Changes in Beneficial Ownership

View SEC Filing
ACC: 0001231919-26-001154
Total Value$17.06M
Trades5
Insiders1

Transaction Details

Speiser Michael L
Director·Direct
Sell · Dispose
Common Stock
Shares-403
Price$353.87
Total Value$142.6K
Shares Owned After22.17K
Transaction DateSep 4, 2026
10b5-1
Footnotes ▸

Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. | 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 Trust (AMS-21)
Sell · Dispose
Common Stock
Shares-840
Price$353.87
Total Value$297.3K
Shares Owned After25.20K
Transaction DateSep 4, 2026
10b5-1
Footnotes ▸

Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. | 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$353.87
Total Value$12.03M
Shares Owned After1.17M
Transaction DateSep 4, 2026
10b5-1
Footnotes ▸

Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. | 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. | 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 Ltd Partnership
Sell · Dispose
Common Stock
Shares-12.97K
Price$353.87
Total Value$4.59M
Shares Owned After389.17K
Transaction DateSep 4, 2026
10b5-1
Footnotes ▸

Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024. | 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 SHM Investments, LLC
Common Stock
Shares0
Price-
Total Value$0
Shares Owned After2.29K
10b5-1Holding Only
Footnotes ▸

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.

Post-Transaction Holdings

Speiser Michael L · Director
SecuritySharesChange
Common Stock47.37K-48.22K (-50.45%)
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Deep Analysis

Director Michael Speiser sold 50,741 Snowflake shares for ~$18.0 million under a Rule 10b5-1 plan — a pre-planned, passive sell-down, not an active discretionary exit.

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Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-09-04 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)

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