Director Michael L Speiser sold 47,381 shares for $12,219,867.22 via pre-arranged 10b5-1 plan on 2026-07-06.
Michael L Speiser, a Snowflake director, executed 30 separate sales totaling 47,381 shares for $12,219,867.22 on 2026-07-06 under a pre-arranged 10b5-1 trading plan adopted on 2024-12-27. The reduction represents -10.2% of his pre-transaction holdings, leaving him with 415,120 shares. Because this transaction is scheduled under a 10b5-1 plan, it reflects a pre-set divestment schedule rather than a discretionary response to current market conditions. His prior sales at SNOW show measurable 30-day returns of +6.1%, while cross-ticker track record averages +54.7% 30-day returns post-sell. The company reported revenue of $1,390,951,000.00 and negative net income of $-295,571,000.00 in the latest quarter, with annual growth of +29.2% but full-year unprofitability, indicating ongoing operational losses despite strong topline expansion.