Neutral
Snowflake director Frank Slootman sells $100.3 million in stock on September 18 and 21.
Frank Slootman, a director at Snowflake Inc., sold 300,000 shares of the company's stock for approximately $100.3 million on September 18 and 21, 2026. These transactions were executed under a pre-arranged 10b5-1 trading plan, with share prices ranging from $329.54 to $339.34. Concurrently, Slootman exercised stock options to acquire an equal number of shares at an exercise price of $8.88 per share.
Key points
- Frank Slootman sold 300,000 shares for $100.3 million on September 18 and 21.
- The sales were conducted under a pre-arranged 10b5-1 trading plan.
- Slootman exercised stock options to acquire 300,000 shares at $8.88 per share.
Sources
AI-generated from public news sources. Not financial advice.
