Snowflake Inc. director Frank Slootman plans to sell 100,000 Class A shares on 12/30/2024, with an estimated market value of $15.5 million. The shares were acquired through options granted on 05/29/2019 and will be paid for in cash on the sale date.This transaction follows a series of recent stock sales by Slootman. Over the past three months, he has sold a total of 208,426 shares, generating gross proceeds of $36.64 million. The most significant sales occurred on 11/25/2024 (69,981 shares) and 11/29/2024 (59,617 shares).The planned sale is part of a trading plan adopted on 09/30/2024, indicating a predetermined strategy for stock divestment. This approach is commonly used by executives to manage their equity positions while complying with insider trading regulations.

Snowflake Inc. director Frank Slootman plans to sell 100,000 Class A shares on 12/30/2024, with an estimated market value of $15.5 million. The shares were acquired through options granted on 05/29/2019 and will be paid for in cash on the sale date.This transaction follows a series of recent stock sales by Slootman. Over the past three months, he has sold a total of 208,426 shares, generating gross proceeds of $36.64 million. The most significant sales occurred on 11/25/2024 (69,981 shares) and 11/29/2024 (59,617 shares).The planned sale is part of a trading plan adopted on 09/30/2024, indicating a predetermined strategy for stock divestment. This approach is commonly used by executives to manage their equity positions while complying with insider trading regulations.