Sell4

Snowflake Inc.

SNOW

Total Value

$18.0M

Net $18.0M sold

Filing Date

Sep 9, 2026

7 transactions

Sales

$18.0M

7 transactions

Trade Summary

On Sep 4, 2026, Speiser Michael L, Insider, sold $18.0M of Snowflake Inc. (SNOW) across 7 transactions. The filing covers Common Stock and reflects net selling of $18.0M. Reported prices ranged from $353.87. Insider transactions are sourced from SEC Form 4 disclosures and should be reviewed alongside company fundamentals and the insider's broader trading history.

Price at the Time of the Trade

SNOW daily price with the insider's sale marked at $353.87.

Sold near the 6-month high · the stock trades 5% lower today.

Price data is delayed and provided for context only — not investment advice.

Insider Information

Name: Speiser Michael L
Role: Insider
Location: MENLO PARK, CA

Filing Details

Filing Date: Sep 9, 2026
Transaction Date: Sep 4, 2026
Accession Number: 0001231919-26-001154
Form Type: 4
Net Trading Amount: -$18.0M

Non-Derivative Transactions

Date	Security	Shares	Price	Type	Value
Sep 4, 2026	Common Stock	403	$353.87	Sale	$142.6K
Sep 4, 2026	Common Stock	12,973	$353.87	Sale	$4.6M
Sep 4, 2026	Common Stock	840	$353.87	Sale	$297.3K
Sep 4, 2026	Common Stock	840	$353.87	Sale	$297.3K
Sep 4, 2026	Common Stock	840	$353.87	Sale	$297.3K
Sep 4, 2026	Common Stock	840	$353.87	Sale	$297.3K
Sep 4, 2026	Common Stock	34,005	$353.87	Sale	$12.0M

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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.
(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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Speiser Michael L

(Last)

(First)

(Middle)

C/O SNOWFLAKE INC.

135 CONSTITUTION DRIVE

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/04/2026		S⁽¹⁾		403	D	$353.871	22,170⁽²⁾	D
Common Stock	09/04/2026		S⁽¹⁾		12,973	D	$353.871	389,174	I	By Ltd Partnership⁽³⁾
Common Stock	09/04/2026		S⁽¹⁾		840	D	$353.871	25,196	I	By Trust (AMS-21)⁽⁴⁾
Common Stock	09/04/2026		S⁽¹⁾		840	D	$353.871	25,196	I	By Trust (WWS-21)⁽⁴⁾
Common Stock	09/04/2026		S⁽¹⁾		840	D	$353.871	25,196	I	By Trust (LES-21)⁽⁴⁾
Common Stock	09/04/2026		S⁽¹⁾		840	D	$353.871	25,196	I	By Trust (ESS-21)⁽⁴⁾
Common Stock	09/04/2026		S⁽¹⁾		34,005	D	$353.871	1,171,746⁽⁵⁾	I	By Trust (Rev Tr)⁽⁴⁾
Common Stock								2,288	I	By SHM Investments, LLC⁽⁶⁾
Common Stock								2,463⁽⁵⁾	I	By SHM⁽⁷⁾
Common Stock								2,500	I	By Trust (SCT)⁽⁴⁾
Common Stock								402	I	By Trust (SRT)⁽⁴⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024.

2. 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.

3. 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.

4. 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.

5. 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.

6. 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.

7. 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.

	/s/ Kanwalpreet S. Kalra, by power of attorney	09/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Form 4 as rendered by the SEC from accession 0001231919-26-001154.

Snowflake Inc.

Trade Summary

Price at the Time of the Trade

Company Information

Insider Information

Filing Details

Non-Derivative Transactions

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Footnotes

SEC Form 4

SEC Filing

Price at the Time of the Trade

SEC Form 4