According to the latest Form 4 filing, Snowflake Inc. (SNOW) director Frank Slootman exercised stock options (code M) on June 29, 2026 to acquire 99,900 shares of common stock at an exercise price of $8.88 per share, and on the same day sold a total of 99,900 shares in multiple trades (code S). The sales were executed in several tranches of 24,680, 39,663, 19,988, 15,411 and 158 shares at weighted-average prices ranging from approximately $250.0 to $254.2. These transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on September 19, 2025. Following the transactions, he continues to hold 28,535 shares directly and over 150,000 shares indirectly through various trusts. As this is a planned option exercise and monetization by a director rather than an abrupt discretionary sale, the impact on Snowflake’s fundamentals is limited, though the additional supply may exert some short-term pressure on the share price.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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