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SNOW - Snowflake Inc.

Insider Sale by Speiser Michael L (Dir)

1 Month
After Trade
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Trade Summary

4 days ago, Speiser Michael L, serving as Dir at Snowflake Inc. (SNOW), sold 50,741 shares at $141.60 per share, for a total transaction value of $7,184,690.00. Following this transaction, Speiser Michael L now holds 2,606,421 shares of SNOW.

This sale represents a 2.00% decrease in Speiser Michael L's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Friday, May 1, 2026 and publicly disclosed via SEC Form 4 filing on Monday, May 4, 2026, 3 days after the trade was made.

Snowflake Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Speiser Michael L

Dir

Mike Speiser is a prominent venture capitalist and technology executive serving as a Managing Director at Sutter Hill Ventures, which he joined in 2008.[[1]](https://www.allamericanspeakers.com/speakers/415361/Mike-Speiser)[[2]](https://aletteraday.substack.com/p/letter-292-mike-speiser-and-ken-hirsch) Prior to Sutter Hill, he was Vice President of Community Products at Yahoo!.[[2]](https://aletteraday.substack.com/p/letter-292-mike-speiser-and-ken-hirsch) Speiser has a track record of building successful companies, acting as Founding CEO for Pure Storage, Snowflake (2012-2014), Reve Image, and Augment Code.[[1]](https://www.allamericanspeakers.com/speakers/415361/Mike-Speiser)[[2]](https://aletteraday.substack.com/p/letter-292-mike-speiser-and-ken-hirsch) Speiser was an early investor in Snowflake Inc. (SNOW) and served as its Founding CEO from 2012 to 2014, becoming a billionaire after its record-breaking IPO in 2020, where he retains over 1% ownership.[[1]](https://www.allamericanspeakers.com/speakers/415361/Mike-Speiser) He currently serves as a Director on Snowflake's board since 2011 and on Workday Inc.'s board since 2024.[[5]](https://www.marketscreener.com/insider/MIKE-SPEISER-A0JRL4/) His investments include Lacework, Sila Nanotechnologies, Clumio, Ghost, and Sigma Computing.[[1]](https://www.allamericanspeakers.com/speakers/415361/Mike-Speiser)

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Trade Price

$141.60

Quantity

50,741

Total Value

$7,184,690.00

Shares Owned

2,606,421

Trade Date

Friday, May 1, 2026

4 days ago

SEC Filing Date

Monday, May 4, 2026

Filed 3 days after trade

TECHNOLOGYSOFTWARE - APPLICATION

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