SNOW (SNOW) holder files Form 144 for 50,741-share NYSE sale

Rhea-AI Filing Summary

A shareholder of SNOW has filed a Form 144 notice covering a planned sale of 50,741 shares of common stock through broker Stifel on or about 12/05/2025, to be sold on the NYSE. The filing lists an aggregate market value of 11,703,629.17 for these shares and notes that 338,800,000 shares of the same class were outstanding at the time. The shares come from several historical acquisitions, including private placements and a pro-rata distribution from a venture fund between 2013 and 2017.

The notice also reports that Michael L. Speiser has sold 50,741 shares of common stock on each of 10/03/2025 and 11/07/2025, for gross proceeds of 11,989,936.00 and 13,345,709.00, respectively. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Stifel 501 N Broadway St Louis CA 63102	50741	11703629.17	338800000	12/05/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	06/30/2015	Pro-rata distribution from Venture Fund	Sutter Hill Ventures via Issuer via Private Placement			34005	03/08/2013	Cash
Class A	04/02/2014	Private Placement	Issuer			1680	04/02/2015	Cash
Class A	02/27/2015	Private Placement	Issuer			2083	02/27/2015	Cash
Class A	03/24/2017	Private Placement	Issuer			12973	03/24/2017	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Michael L Speiseer 755 Page Mill Rd Ste A200 Palo Alto CA 94304	Common	11/07/2025	50741	13345709.00
Michael L Speiser 755 Page Mill Rd Ste A200 Palo Alto CA 94304	Common	10/03/2025	50741	11989936.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does this Form 144 filing for SNOW disclose?

The filing discloses that a shareholder intends to sell 50,741 shares of SNOW common stock through broker Stifel on or about 12/05/2025 on the NYSE, with an indicated aggregate market value of 11,703,629.17.

How many SNOW shares are outstanding according to this notice?

The notice states that there were 338,800,000 shares of the relevant class of SNOW common stock outstanding when the form was prepared. This figure serves as a baseline for understanding the size of the planned sale.

What prior SNOW share sales by the same seller are reported?

The document reports that Michael L. Speiser sold 50,741 shares of common stock on 10/03/2025 for gross proceeds of 11,989,936.00, and another 50,741 shares on 11/07/2025 for gross proceeds of 13,345,709.00.

How were the SNOW shares being sold originally acquired?

The shares were acquired through several historical transactions, including a pro-rata distribution from a venture fund on 06/30/2015 and multiple private placements with the issuer between 2013 and 2017, all indicated as paid for in cash.

What representation does the seller make about SNOW in the Form 144?

By signing the notice, the person for whose account the securities are to be sold represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.

Does this SNOW Form 144 mention a Rule 10b5-1 trading plan?

The form provides a field for the Date of Plan Adoption or Giving of Instruction if relying on Rule 10b5-1, and explains that signing the form with such a date represents the person’s knowledge as of that adoption or instruction date, but the specific date is not shown in the excerpt.