SNOW Snowflake Inc.

NEUTRAL Impact: 3/10 Insider Cluster (3 insiders)
Horizon immediate Filed Mar 2, 2026 Processed 3mo ago
Insider cluster: 2 insiders, $1.7M total
Final — all horizons settled through T+60d
SNOW ▲ +4.32% at T+60d
NEUTRAL call ✓ call won +4.32% · α vs SPY -5.01% · entry $170.25 → $177.60
Last close $232.78 (close Jun 12) · +36.73% from $170.25 entry
Entry anchored
Feb 27, 04:58 PM ET
via Databento tick
T+1d
-3.14%
call -3.14% · α -2.23%
$164.90
settled 4mo ago
T+5d
+6.91%
call +6.91% · α +8.12%
$182.02
settled 3mo ago
T+20d
-10.16%
call -10.16% · α -2.22%
$152.96
settled 3mo ago
T+60d
+4.32%
call +4.32% · α -5.01%
$177.60
settled 20d ago

Price Chart

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Executive Summary

A recent insider trading cluster at Snowflake shows two senior executives surrendering shares to cover tax obligations following a vesting event, while a board member conducted a small open-market sale. The majority of the activity consists of non-cash tax withholding transactions, with only one actual open-market sale totaling $41,872.

Key Financial Metrics

Direction
selling
Total Value
$41.9K
Insiders
3

Actionable Insight

No meaningful open-market selling pressure; the activity is consistent with routine equity vesting and tax settlement. Traders should not interpret this cluster as negative sentiment, especially given the minimal size of the actual sale relative to market cap.

Key Facts

  • SVP Raghunathan Vivek surrendered 4,398 shares ($793,751) for tax withholding.
  • CEO Ramaswamy Sridhar surrendered 11,928 shares ($2.15M) for tax withholding.
  • Director Michael L. Speiser sold 238 shares in the open market for $41,872.
  • Total open-market proceeds: $41,872 (0.00007% of $60B market cap).
  • Two of three transactions were non-cash (F-code) tax-related share surrenders.

Financial Impact

$41,872 in net open-market selling; $2.95M in total share surrender for taxes

insider ownershipshare count

Risk Factors

  • Perception risk: Large tax-related share surrenders may be misinterpreted as insider selling.
  • Governance risk: Recurring large insider transactions around vesting dates could signal lack of long-term retention incentives.

Market Snapshot

Exchange
NYSE
Analyst Consensus
84% bullish (57 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (3 trades, 7d window)cluster-SNOW-1773272484015
24 reports for SNOW
Performance horizon
70% Hit rate 7 of 10 directional calls best @ T+20▲ +17.04%Mar 17, 2026
Filters
Rows
Reports for SNOW — sortable, filterable
Type Now
Jun 8, 2026
6d ago
Insider Cluster
NEUTRAL ★ 3/10
$239.79 awaiting T+1awaiting T+1$232.78 (−2.92%)
Jun 8, 2026
6d ago
Insider Cluster
NEUTRAL ★ 3/10
$239.79 awaiting T+1awaiting T+1$232.78 (−2.92%)
Jun 5, 2026
9d ago
144
NEUTRAL ★ 2/10
$236.24 awaiting T+1awaiting T+1$232.78 (−1.46%)
Jun 3, 2026
11d ago
Insider Cluster
NEUTRAL ★ 3/10
$244.17 $236.86▼ −2.99%▼ −0.40%$232.78 (−4.66%)
Jun 1, 2026
13d ago
Insider Cluster
NEUTRAL ★ 4/10
$260.95 $241.09▼ −7.61%▼ −6.89%$232.78 (−10.79%)
Jun 1, 2026
13d ago
144
BEARISH ★ 5/10
$278.95 $260.95▲ +6.45%▲ +6.60%$232.78 (+16.55%)
May 31, 2026
14d ago
ANALYST-UPGRADE
BULLISH ★ 2/10
$223.65 $218.31▼ −2.39%▼ −3.04%$232.78 (+4.08%)
May 30, 2026
16d ago
Insider Cluster
NEUTRAL ★ 3/10
$278.95 $260.95▼ −6.45%▼ −6.60%$232.78 (−16.55%)
May 29, 2026
16d ago
144
BEARISH ★ 6/10
$278.95 $260.95▲ +6.45%▲ +6.60%$232.78 (+16.55%)
May 29, 2026
16d ago
144
NEUTRAL ★ 4/10
$254.43 $278.95▲ +9.64%▲ +9.38%$232.78 (−8.51%)
Showing 10 of 24

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