[144] Snowflake Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 filed for Snowflake Inc. (SNOW) reports a proposed sale of 1,081 common shares with an aggregate market value of $241,992.66 to be sold through Fidelity on 09/09/2025. The filing states the shares were acquired as Restricted Stock Units (RSUs) on 09/08/2025 and were paid as compensation.

The filing also discloses historical insider sales by Benoit Dageville totaling 153,330 shares sold between 06/10/2025 and 09/04/2025, generating aggregate gross proceeds of $33,166,778.48. The company’s total shares outstanding are listed as 338,800,000. The filer attests no undisclosed material adverse information.

Positive

• Proposed sale is small relative to outstanding shares (1,081 vs. 338,800,000), limiting immediate dilution or market impact
• Securities being sold were acquired as RSUs, indicating the transactions are monetization of compensation rather than external transfers

Negative

• Substantial insider gross proceeds reported over three months: $33,166,778.48 from the sale of 153,330 shares
• No 10b5-1 plan adoption date provided in the remarks section, which could limit clarity on whether sales were preplanned

Insights

Financial Analyst

TL;DR: Insider selling activity is notable in dollar terms but represents a small fraction of shares outstanding; recent shares derive from RSU compensation.

The filing shows a proposed sale of 1,081 shares acquired as RSUs one day earlier and marked as compensation, indicating routine monetization of recently vested equity. Aggregate insider sales by the named individual over the past three months total 153,330 shares for $33.17 million, which is meaningful in proceeds but amounts to roughly 0.045% of the listed outstanding share count. From a financial-analysis perspective, this pattern is consistent with executives converting compensation into cash rather than signaling company-level fundamentals.

Corporate Governance Expert

TL;DR: Disclosures are standard for Rule 144 sales and include a 10b5-1 attestation clause; transactions appear documented and routine.

The filing includes required representations regarding material non-public information and references Rule 10b5-1 language. The immediate sale of recently vested RSUs is disclosed, and multiple prior sales are listed with dates, amounts, and gross proceeds. There is no explicit mention of a 10b5-1 plan adoption date in the remarks, so reviewers may seek that date if they need to confirm a prearranged plan. Overall, the filing follows Form 144 disclosure requirements without additional governance flags in the provided text.

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

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	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	1081	241992.66	338800000	09/09/2025	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 *
Common	09/08/2025	Restricted Stock Units	Issuer			1081	09/08/2025	Compensation

* 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
Benoit Dageville Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	06/10/2025	548	115058.08
Benoit Dageville Suite 3A, 106 East Babcock Street Bozeman MT 59715	Common	06/17/2025	1912	397696.00
Benoit Dageville Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	06/23/2025	870	182586.90
Benoit Dageville Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	06/30/2025	25000	5621000.00
Benoit Dageville Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	07/10/2025	25000	5545750.00
Benoit Dageville Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	07/24/2025	25000	5365812.50
Benoit Dageville Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	08/07/2025	25000	5375000.00
Benoit Dageville Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	08/21/2025	18750	3615187.50
Benoit Dageville Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	08/28/2025	6250	1375687.50
Benoit Dageville Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	09/04/2025	25000	5573000.00

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 the SNOW Form 144 report for 09/09/2025?

It reports a proposed sale of 1,081 common shares valued at $241,992.66 to be executed through Fidelity on 09/09/2025.

How were the 1,081 shares acquired according to the filing?

The filing states the shares were acquired on 09/08/2025 as Restricted Stock Units (RSUs) and the payment was compensation.

How many shares did Benoit Dageville sell in the past three months and for how much?

The filing lists sales totaling 153,330 shares with aggregate gross proceeds of $33,166,778.48 between 06/10/2025 and 09/04/2025.

What is the company’s shares outstanding figure shown in the filing?

The filing shows 338,800,000 shares outstanding.

Does the filing confirm there is no undisclosed material information?

Yes. The filer signs a representation attesting they do not know any material adverse information about the issuer that is not publicly disclosed.