Summary by Moomoo AI
Frank Slootman, Director of Snowflake, plans to sell 45,896 Class A shares on 11/22/2024. The transaction is valued at approximately $8.08 million. The shares were acquired through options granted on 05/29/2019 and will be sold for cash.In the past 3 months, Slootman sold 7,857 Class A shares, generating gross proceeds of $891,647.65. Previous sales include 1,606 shares on 09/10/2024 for $176,595.76 and 6,251 shares on 09/17/2024 for $715,051.89.This planned sale is part of a pre-established trading plan adopted on 03/25/2024. Investors should note the significant transaction volume and its potential impact on Snowflake's stock price.
