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sellModerate cluster of 810b5-1 plan

Michael L Speiser sold $18M of SNOW

director at Snowflake Inc.. 50,741 shares at an average of $353.87, traded Sep 4, 2026, filed Sep 9, 2026.

Warning score
55
Value
$18M
50,741 shares
Holdings after
1,171,746
-225% from before
From 52-week low
+178%
low $121.11, close $337.18
From 52-week high
-5%
high $356.47, as of Sep 4, 2026

Score components

  • Role
    Director
    +15
  • Trade size
    $18.0M at market
    +25
  • Share of holdings sold
    Sold 100% of holdings
    +20
  • Cluster
    8 insiders selling within 14 days
    +15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

SNOWOct 9, 2026 · close 368.89
Since filing Sep 9, 2026: +11.3%SPY +2.4% · excess +8.9%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001231919-26-001154, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 4, 2026SOpen-market sale
Common Stock10b5-1
-403$353.87$143k22,17033 d ago
Sep 4, 2026SOpen-market sale
Common Stockindirect: By Ltd Partnership10b5-1
-12,973$353.87$4.6M389,17433 d ago
Sep 4, 2026SOpen-market sale
Common Stockindirect: By Trust (AMS-21)10b5-1
-840$353.87$297k25,19633 d ago
Sep 4, 2026SOpen-market sale
Common Stockindirect: By Trust (WWS-21)10b5-1
-840$353.87$297k25,19633 d ago
Sep 4, 2026SOpen-market sale
Common Stockindirect: By Trust (LES-21)10b5-1
-840$353.87$297k25,19633 d ago
Sep 4, 2026SOpen-market sale
Common Stockindirect: By Trust (ESS-21)10b5-1
-840$353.87$297k25,19633 d ago
Sep 4, 2026SOpen-market sale
Common Stockindirect: By Trust (Rev Tr)10b5-1
-34,005$353.87$12M1,171,74633 d ago

Related signals

Other insiders at Snowflake Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
35Weak
SNOWsell 410b5-1
Snowflake Inc.
Benoit Dageville
President of Products
$17M
50,000 shares
-2%
35Weak
SNOWsell 510b5-1
Snowflake Inc.
Christian Kleinerman
EVP, Product Management
$5.1M
15,000 shares
-5%
55Moderate
SNOWsell 510b5-1
Snowflake Inc.
Michael L Speiser
director
$17M
50,741 shares
-229%
43Moderate
SNOWsell 7
Snowflake Inc.
Jonathan Mead Beaulier
Chief Revenue Officer
$254k
755 shares
-0%
35Weak
SNOWsell 710b5-1
Snowflake Inc.
Benoit Dageville
President of Products
$17M
50,000 shares
-2%
34Weak
SNOWsell 710b5-1
Snowflake Inc.
Christian Kleinerman
EVP, Product Management
$903k
2,622 shares
-1%
40Moderate
SNOWsell 810b5-1
Snowflake Inc.
Frank Slootman
director
$100M
300,000 shares
-139%
55Moderate
SNOWsell 8
Snowflake Inc.
Jonathan Mead Beaulier
Chief Revenue Officer
$4.1M
12,292 shares
-5%
43Moderate
SNOWsell 8
Snowflake Inc.
Emily Ho
Chief Accounting Officer
$256k
768 shares
-2%
34Weak
SNOWsell 810b5-1
Snowflake Inc.
Christian Kleinerman
EVP, Product Management
$951k
2,986 shares
-1%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Michael L Speiser sold $18M of SNOW | InsiderTell