SNOW Snowflake Inc.
Price Chart
Executive Summary
Director Michael L Speiser filed Form 144 to sell up to 50,741 SNOW shares (~$7.2M), continuing a monthly selling pattern seen in Feb-Apr 2026. The sale is small relative to market cap and appears part of a routine pre-arranged plan, unlikely to signal material insider concern.
Actionable Insight
Monitor subsequent Form 4 filings to confirm execution. Given the monthly repetition, this likely reflects a 10b5-1 plan and has no immediate price impact. No need to adjust positions based on this filing alone.
Key Facts
- Insider: Michael L Speiser (Director, affiliate)
- Shares to be sold: 50,741 common shares
- Estimated aggregate market value: ~$7,184,690
- Proposed sale date: 2026-05-01
- Speiser has sold the same number of shares on each of Feb 6, Mar 6, and Apr 6, 2026 (monthly pattern)
- Market cap: ~$47.2B; sale represents ~0.015% of market cap
Financial Impact
~$7.2M in proposed sales, immaterial relative to $47.2B market cap
Risk Factors
- Potential negative signal if pattern deviates (e.g., larger or accelerated sales)
- Insider sales in aggregate could accumulate over time
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001973251-26-000015 |
| Document: 0001973251-26-000015-index.html | 0001973251-26-000015 |
| Document: 0001973251-26-000015.txt | 0001973251-26-000015 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 18, 2026
2d ago
|
DEFA14A
| — | awaiting T+5 | — | — |
|
May 1, 2026
19d ago
|
ANALYST-UPGRADE
| $223.65 $207.72 | ▼ −7.12% | ▼ −7.50% | $166.97 (−25.34%) |
|
May 1, 2026
19d ago
|
144
| $140.37 $152.34 | ▲ +8.53% | ▲ +6.18% | $166.97 (+18.95%) |
|
Apr 6, 2026
6w ago
|
144
| $148.67 $134.24 | ▼ −9.70% | ▼ −13.84% | $166.97 (+12.31%) |
|
Mar 17, 2026
9w ago
|
Insider Cluster
| $174.11 $160.70 | ▲ +7.70% | ▲ +5.05% | $166.97 (+4.10%) |
|
Mar 17, 2026
9w ago
|
Insider Cluster
| $174.11 $160.70 | ▼ −7.70% | ▼ −5.05% | $166.97 (−4.10%) |
|
Mar 2, 2026
11w ago
|
Insider Cluster
| $170.25 $182.02 | ▲ +6.91% | ▲ +8.12% | $166.97 (−1.92%) |
|
Mar 2, 2026
11w ago
|
Insider Cluster
| $170.25 $182.02 | ▲ +6.91% | ▲ +8.12% | $166.97 (−1.92%) |
|
Feb 28, 2026
11w ago
|
Institutional Cluster
| $170.25 $182.02 | ▲ +6.91% | ▲ +8.12% | $166.97 (−1.92%) |
|
Feb 25, 2026
12w ago
|
8-K
| $168.80 $167.77 | ▼ −0.61% | ▲ +0.49% | $166.97 (−1.08%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access