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Insider record

Every insider trade Michael L. Speiser has disclosed

Director · Snowflake Inc. (SNOW)

Latest Form 4 filed · insiders file within two business days of a trade

Key points

  • Michael L. Speiser has disclosed 17 Form 4 transactions between Aug 1, 2025 and Oct 2, 2026: 17 sales worth $179M and no open-market buys.
  • Of the 17 sales, 17 were under a pre-scheduled 10b5-1 plan, leaving 0 discretionary sales worth $0.
  • The largest single transaction is a sell of 50,741 shares of SNOW worth $18.0M, filed Sep 9, 2026.
  • Insider selling is not on its own a bearish signal — plans, taxes and diversification all drive sales. This page is a record of disclosed trades, not investment advice.
  • The most recent filing on record was made Oct 2, 2026. Insiders file within two business days of a trade.

Buying vs selling at a glance

MeasureOpen-market buysSales
Transactions017
Total disclosed value$0$179M
Discretionary (own call)00 ($0)

Most of Michael L. Speiser's sales were pre-scheduled or tax-related rather than discretionary, which further weakens any read of them as a market call.

This is the public record of open-market stock transactions Michael L. Speiser has reported to the SEC on Form 4 as Director of Snowflake Inc. (SNOW). Every figure below is the reported share count multiplied by the reported price, so the dollar amounts are exact disclosed values rather than estimates. It is a record of what has been filed, not a portfolio or a recommendation, and insider selling in particular is routine and rarely a signal on its own.

Every disclosed transaction

All 17 disclosed transactions, newest filing first.

StockActionSharesPriceValueTradedFiled
SNOW Snowflake Inc.▼ Sell 10b5-1 plan50,741$344.00$17.5MOct 2, 2026Oct 2, 2026
SNOW Snowflake Inc.▼ Sell 10b5-1 plan50,741$353.87$18.0MSep 4, 2026Sep 9, 2026
SNOW Snowflake Inc.▼ Sell 10b5-1 plan50,741$324.06$16.4MAug 7, 2026Aug 11, 2026
SNOW Snowflake Inc.▼ Sell 10b5-1 plan2,520$257.91$650KJul 6, 2026Jul 8, 2026
SNOW Snowflake Inc.▼ Sell 10b5-1 plan47,381$257.91$12.2MJul 6, 2026Jul 8, 2026
SNOW Snowflake Inc.▼ Sell 10b5-1 plan50,741$245.21$12.4MJun 5, 2026Jun 8, 2026
SNOW Snowflake Inc.▼ Sell 10b5-1 plan50,741$141.60$7.2MMay 1, 2026May 4, 2026
SNOW Snowflake Inc.▼ Sell 10b5-1 plan50,741$148.21$7.5MApr 6, 2026Apr 6, 2026
SNOW Snowflake Inc.▼ Sell 10b5-1 plan50,741$175.19$8.9MMar 6, 2026Mar 9, 2026
SNOW Snowflake Inc.▼ Sell 10b5-1 plan50,741$165.22$8.4MFeb 6, 2026Feb 6, 2026
SNOW Snowflake Inc.▼ Sell 10b5-1 plan50,741$221.16$11.2MJan 2, 2026Jan 5, 2026
SNOW Snowflake Inc.▼ Sell 10b5-1 plan50,741$230.65$11.7MDec 5, 2025Dec 8, 2025
SNOW Snowflake Inc.▼ Sell 10b5-1 plan50,741$257.30$13.1MNov 7, 2025Nov 10, 2025
SNOW Snowflake Inc.▼ Sell 10b5-1 plan2,976$236.01$702KOct 3, 2025Oct 6, 2025
SNOW Snowflake Inc.▼ Sell 10b5-1 plan47,765$236.31$11.3MOct 3, 2025Oct 6, 2025
SNOW Snowflake Inc.▼ Sell 10b5-1 plan50,741$224.85$11.4MSep 5, 2025Sep 8, 2025
SNOW Snowflake Inc.▼ Sell 10b5-1 plan50,741$208.69$10.6MAug 1, 2025Aug 4, 2025

Questions about this record

How many shares has Michael L. Speiser bought and sold?

Michael L. Speiser has disclosed 17 Form 4 transactions in the record we track, from Aug 1, 2025 to Oct 2, 2026: 17 sales worth $179,112,732 and no open-market purchases. Each figure is the reported share count multiplied by the reported price, so these are exact disclosed amounts, not estimates.

Is Michael L. Speiser selling a bearish signal?

Not on its own. Insiders sell for many reasons that have nothing to do with a view on the stock — diversification, taxes, estate planning, or a pre-scheduled plan set up months earlier. Of the 17 sales on this record, 17 were made under a Rule 10b5-1 plan and 0 were automatic tax withholding on vesting shares, leaving 0 that were the insider's own discretionary decision (worth $0). Buying is the cleaner signal, because there is only one reason to buy. This page is a record, not a recommendation.

What is Michael L. Speiser's role?

Michael L. Speiser files as Director of Snowflake Inc. (SNOW). That role is taken from the Form 4 filings themselves. A Form 4 is filed with the SEC within two business days of an insider buying or selling their own company's stock.

What was Michael L. Speiser's largest single transaction?

The largest single transaction on record is a sell of 50,741 shares of SNOW at $353.87, worth $17,955,768, filed Sep 9, 2026.

How current is this record?

The most recent Form 4 here was filed Oct 2, 2026. Insiders have two business days to file after a trade, so this is close to real time, but it is a record of what has been disclosed, not a statement of what Michael L. Speiser currently holds. Amounts are open-market and plan transactions reported on Form 4; grants and option exercises are not counted as buys.

Source: Form 4 filings submitted to the SEC, the same public documents behind our insider trading tracker. Figures are open-market and plan transactions only; grants and option exercises are not counted as buys. A disclosure is not evidence of a market view, and none of this is investment advice. See the full SNOW stock page for price, filings and coverage.