Snowflake proposes an insider sale of 50,741 common shares valued at $17,955,783.63. The shares are associated with Michael L. Speiser and include holdings sold by trusts, an individual retirement account and a limited partnership, giving investors the reported ownership breakdown.

Key Highlights

  • The proposed shares carry an aggregate value of $17,955,783.63.
  • The reported holdings include 37,365 shares sold by trusts, 403 from an individual retirement account and 12,973 from a limited partnership.
  • Michael L. Speiser is identified as the affiliate, with Stifel Nicolaus & Company Inc. named as broker.

Snowflake Inc. (NYSE: SNOW) has a proposed insider sale covering 50,741 common shares. The transaction is dated 09/04/2026 and assigns the shares an aggregate value of $17,955,783.63 against reported shares outstanding of 346,600,000. The ownership breakdown includes shares sold by trusts, an individual retirement account and a limited Partnership tied to Speiser.

50,741 Shares Linked to Multiple Holdings

Separate cash acquisitions in Snowflake private placements include 403 shares dated 08/24/2012, 1,680 shares dated 04/02/2014, 1,680 shares dated 02/27/2015 and 12,973 shares dated 03/31/2016. Transaction records list 50,741 shares at $13,086,427 on 07/06/2026 and 50,741 shares at $16,443,118 on 08/07/2026. Of the shares covered, 37,365 were sold by trusts for which Speiser is a trustee. Another 403 came from Speiser’s individual retirement account, while 12,973 were sold by a limited partnership whose general partner is a trust for which Speiser’s trust is the trustee. The filing lists Kanwalpreet S. Kalra under Power of Attorney on 09/04/2026.