Snowflake Inc. director and former CEO Frank Slootman sold 348,020 shares of common stock on August 18 and 19, 2026. The total value of these transactions reached approximately $97.4 million. Execution prices for the sales ranged from $319.065 to $333.372 per share.
Slootman initiated the trades after exercising options to acquire 300,000 shares at $8.88 per share. The sales were executed under a Rule 10b5-1 trading plan established in September 2025.
This pre-arranged plan indicates the transactions were scheduled in advance. Slootman continues to hold a significant number of shares through both direct ownership and trusts.