Form 4 | Snowflake Inc. Director Frank Slootman exercised options for 400,000 shares and sold 396,000 shares of common stock

Filings Track05-30 08:35

In the latest Form 4 filing, Snowflake Inc. (SNOW) director Frank Slootman reported exercising stock options on May 28, 2026, acquiring 400,000 shares of common stock at an exercise price of $8.88 per share (transaction code M). On the same day, he executed multiple open-market sales (code S) totaling 396,000 shares of common stock at weighted-average prices ranging from approximately $230.17 to $237.29 per share, under a pre-arranged Rule 10b5-1 trading plan adopted on September 19, 2025. Following these transactions, Slootman continues to own 38,046 shares directly and additional shares indirectly through several trusts. Such large-scale option exercises combined with share sales are generally interpreted as a neutral-to-bearish signal, reflecting personal liquidity and diversification rather than necessarily a negative view on fundamentals, but may create short-term selling pressure on the stock.

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Director Frank Slootman exercised options for 400,000 shares and sold 396,000 shares of common stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1033292654\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/f241068b466f5f9316243a75366834d5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Filings Track </p>\n<p class=\"h-time\">2026-05-30 08:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\nIn the latest Form 4 filing, Snowflake Inc. (SNOW) director Frank Slootman reported exercising stock options on May 28, 2026, acquiring 400,000 shares of common stock at an exercise price of $8.88 per share (transaction code M). 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