[144] Snowflake Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 filed relating to Snowflake Inc. (SNOW). The notice shows Benoit Dageville plans to sell 869 common shares via Fidelity Brokerage with an aggregate market value of $200,287.12, with an approximate sale date of 09/23/2025 on the NYSE. Those 869 shares were acquired by restricted stock vesting on 09/20/2025 and treated as compensation. The filing also discloses multiple prior sales by the same person during the past three months, including several blocks of 25,000 shares on multiple dates with gross proceeds in the multi-million dollar range. The filer certifies no undisclosed material adverse information.

Positive

• Compliance disclosure filed as Form 144 (LIVE), meeting regulatory notice requirements
• Securities to be sold were acquired via restricted stock vesting and identified as compensation, which clarifies the acquisition source

Negative

• Significant insider selling activity in the past three months including multiple 25,000-share blocks with multi-million dollar proceeds
• Potential upward supply pressure from repeated large dispositions by the same insider, which may be perceived negatively by investors

Insights

Financial Analyst

TL;DR: Insider sale filing discloses a small planned disposal (869 shares) and multiple large recent sales by the same insider.

The 144 notice documents a proposed sale of 869 shares valued at $200,287.12, acquired through restricted stock vesting and designated as compensation. The more material context is the list of recent dispositions by Benoit Dageville totaling multiple large blocks (several 25,000-share sales) with gross proceeds in the millions, which could affect float and near-term supply. This filing is a routine compliance disclosure; it does not include company operational or earnings information.

Corporate Governance Expert

TL;DR: Multiple large insider sales are disclosed; this raises governance and signaling considerations for investors.

The filing confirms restricted stock vesting and subsequent planned sale activity. While the single planned sale of 869 shares is modest, the documented pattern of repeated large sales by the same individual within three months is material from a governance and signaling perspective. The filer also affirms absence of undisclosed material adverse information, consistent with Rule 144 representations.

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	869	200287.12	338800000	09/23/2025	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	09/20/2025	Restricted Stock Vesting	Issuer			869	09/20/2025	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	06/23/2025	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
Benoit Dageville Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	09/09/2025	1081	241992.66
Benoit Dageville Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	09/16/2025	1912	423010.88
Benoit Dageville Suite 3A 106 East Babcock Street Bozeman MT 59715	Common	09/18/2025	25000	5484000.00

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 Form 144 filed for SNOW disclose?

The filing reports a proposed sale of 869 common shares valued at $200,287.12, acquired via restricted stock vesting on 09/20/2025, with an approximate sale date of 09/23/2025 on the NYSE.

Who is the filer and what recent sales are disclosed in the Form 144 for SNOW?

The seller is Benoit Dageville. The filing lists multiple past three-month sales by him, including several 25,000-share sales on multiple dates with gross proceeds in the multi-million-dollar range.

How were the 869 shares acquired according to the filing?

The 869 shares were acquired on 09/20/2025 through restricted stock vesting from the issuer and the payment type is listed as compensation.

Where will the proposed sale be executed and through which broker?

The proposed sale is to be executed on the NYSE through Fidelity Brokerage Services LLC located at 900 Salem Street, Smithfield, RI.

Does the filing state whether the filer knows of undisclosed material information?

Yes. By signing the notice the filer represents that he does not know any material adverse information about the issuer that has not been publicly disclosed.