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Snowflake (SNOW) Director Offloads Nearly $100M as Stock Nears Peak

Summary by Blockonomi
Key Points Frank Slootman, a Snowflake director, executed sales of 348,020 shares during August 18-19, 2026, totaling $97.4 million. The transactions occurred at prices ranging from $319.07 to $333.37 per share via a pre-established 10b5-1 plan. His direct ownership plummeted approximately 90%, with only 28,535 shares remaining in direct holdings. Shares of SNOW currently trade near $321, reflecting a 65% gain year-over-year and approaching the…
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Blockonomi broke the news on Saturday, August 22, 2026.
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