Summary by Futu AI
Frank Slootman, Director of Snowflake, completed the sale of 59,617 Class A shares on 11/29/2024. The transaction was valued at approximately $10.5 million. These shares were acquired through options granted on 05/29/2019 and paid for in cash on the same day as the sale.In the past 3 months, Slootman has sold a total of 144,248 Class A shares, generating gross proceeds of approximately $24.9 million. Notable transactions include sales on 09/10/2024, 09/17/2024, 11/22/2024, 11/25/2024, and 11/26/2024, with the largest sale of 69,981 shares on 11/25/2024.This series of transactions reflects Slootman's ongoing divestment strategy, as indicated by the plan adopted on 03/25/2024.