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SEC EDGAROCT 31 min read$SNOW

Speiser Michael L sold $139K of SNOW

Speiser Michael L sold 403 shares of Snowflake Inc. (SNOW) at $344.00 ($0.14M total) on 2026-10-02 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Speiser Michael L
Published Oct 3, 2026, 12:00 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 3, 2026, 12:04 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
$SNOW
Neutral
high confidence
Mentioned
$SNOW
Relevance
3/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$SNOWNeutralLow
01

Why it matters

The modest sale is unlikely to move the stock significantly but may add slight pressure.

02

Market read

A routine insider sale with limited material impact; traders may note but not act on it.

03

What to watch

The director still holds 21,767 shares, indicating continued confidence.

Relevance 3/10Novelty 3/10Timing: after-hours today

Background

SEC Form 4 filing discloses insider transactions; investors monitor these for potential signals.

Company-level read

Ticker impact

$SNOWNeutralHigh confidence
Context

Director Michael L. Speiser sold 403 Snowflake shares for $138,632 on 2026-10-02 via a 10b5-1 plan.

Expected impact

likely slight downward pressure as the market prices in the insider sell.

Evidence & confidence

Form 4 filings are primary source; the transaction size ($138k) is modest, so impact is limited.

Market effects

Sector

Minimal effect on the cloud‑software sector; insider sales are routine.

Regional

No discernible regional impact.

Global

Limited to Snowflake investors; no broader market relevance.

Counterpoint

What could challenge this read

The sale could be a routine liquidity event, not a bearish signal; price may hold.

Key entities

  • company
    Snowflake Inc.

    Cloud data‑warehousing provider listed on NYSE.

  • person
    Michael L. Speiser

    Director of Snowflake executing a pre‑arranged 10b5‑1 sale.

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

SNOW insider trading history →

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