Snowflake (SNOW) insider Benoit Dageville files to sell 50,000 shares under Rule 144
Rhea-AI Filing Summary
Snowflake Inc. insider Benoit Dageville filed to potentially sell up to 50,000 shares of common stock through Fidelity Brokerage Services LLC on or after July 29, 2026, under Rule 144. The filing also lists prior sales over the past three months by Dageville and The Snow Trust.
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Key Figures
Planned shares to be sold: 50,000 shares
Aggregate market value of planned sale: $14,000,000.00
Shares sold by Benoit Dageville: 140,819 shares
+4 more
7 metrics
Planned shares to be sold
50,000 shares
Common stock to be sold through Fidelity Brokerage Services LLC under Rule 144
Aggregate market value of planned sale
$14,000,000.00
Estimated market value of 50,000 Snowflake common shares
Shares sold by Benoit Dageville
140,819 shares
Common stock sold on July 2, 2026
Proceeds from Dageville sale
$35,858,150.16
Total consideration for 140,819 shares sold on July 2, 2026
Snow Trust sale July 2, 2026
50,000 shares for $12,732,000.00
Common stock sale by The Snow Trust U/A Dtd 9/10/2019
Snow Trust sale July 15, 2026
50,000 shares for $13,826,500.00
Additional common stock sale by The Snow Trust U/A Dtd 9/10/2019
Baseline common shares
346,600,000
Baseline Snowflake common share figure referenced in the filing
Key Terms
Form 144, Rule 144, Founders Shares, Compensation, +1 more
5 terms
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Rule 144 regulatory
"144: Securities To Be Sold"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Compensation financial
"08/01/2012 | Compensation"
Aggregate market value financial
"50000 | 14000000.00"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 144 filing for SNOW disclose about planned sales?
The filing shows a plan to sell up to 50,000 shares of Snowflake common stock through Fidelity Brokerage Services LLC, with an aggregate market value of $14,000,000.00, beginning on or after July 29, 2026 under Rule 144.
Who is the selling security holder in the SNOW Form 144 filing?
The selling security holder is Benoit Dageville, with an address at 135 Constitution Drive, Menlo Park, CA 94025. The Form 144 relates to his planned disposition of Snowflake common stock and discloses his related past sales over the preceding three months.
What sales by The Snow Trust are reported in the SNOW Form 144?
The Snow Trust U/A Dtd 9/10/2019 is shown selling 50,000 shares of Snowflake common stock on July 2, 2026 for $12,732,000.00 and another 50,000 shares on July 15, 2026 for $13,826,500.00, both listed under securities sold during the past three months.
What are the key terms of the SNOW securities planned for sale under Rule 144?
The planned sale covers 50,000 common shares originally acquired on August 1, 2012 as Founders Shares from the issuer as compensation. The Form 144 cites an aggregate market value of $14,000,000.00 for these shares.