[144] Snowflake Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 for Snowflake Inc. (SNOW) shows a proposed sale of 6,250 Class A shares through Fidelity Brokerage Services with an aggregate market value of $1,375,687.50 and an approximate sale date of 08/28/2025 on the NYSE. The filing states these shares were acquired via options granted on 12/11/2019 and the indicated method of payment is cash. The filer, identified in prior transactions as Benoit Dageville, also reported multiple Class A share sales during June–August 2025, including several large blocks of 25,000 shares on 06/30/2025, 07/10/2025, 07/24/2025 and 08/07/2025, with gross proceeds reported for each sale. The form includes the filer’s representation regarding absence of undisclosed material adverse information and a signature attestation.

Positive

• Regulatory compliance: The filer disclosed required details for Rule 144 resale, including broker, share class, acquisition date, and sale date.
• Transparency on acquisition: The filing specifies the shares were acquired via options granted on 12/11/2019.

Negative

• Significant insider disposals disclosed: Multiple large sales reported in June–August 2025, including several 25,000-share transactions with substantial gross proceeds.
• Potential market impact: The volume of prior sales in the filing period is material in absolute terms as disclosed (multiple large blocks sold).

Insights

Securities Analyst

TL;DR: Routine insider sale notice showing option-derived shares being sold and substantial prior disposals over summer 2025.

The Form 144 documents a proposed sale of 6,250 Class A shares by a person previously selling multiple blocks of Class A shares in June–August 2025. The shares to be sold were acquired through options granted on 12/11/2019 and are to be sold through Fidelity with cash proceeds. This filing is a required regulatory disclosure to enable public resale under Rule 144 and does not itself provide information on the issuer’s operating results or valuation. The repeated prior sales (including multiple 25,000-share transactions) are material as disclosed facts but the form contains no management commentary or company financials to assess motives or company impact.

Corporate Governance Expert

TL;DR: Compliance-focused filing showing insider compliance with Rule 144; multiple recent sales are disclosed.

The notice complies with Rule 144 disclosure requirements by identifying the class, broker, number of shares, acquisition source (options granted 12/11/2019) and intended sale date. The filer affirms no undisclosed material adverse information and references Rule 10b5-1 considerations. From a governance perspective, the document demonstrates procedural transparency about insider dispositions; it does not include any statements about trading plans beyond the representation language, nor does it specify whether sales were pursuant to a 10b5-1 plan.

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
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	6250	1375687.50	333700000	08/28/2025	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 *
Class A	08/28/2025	Options Granted - 12/11/2019	Issuer			6250	08/28/2025	Cash

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

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 for SNOW disclose about the proposed sale?

The form shows a proposed sale of 6,250 Class A shares via Fidelity with an aggregate market value of $1,375,687.50 and an approximate sale date of 08/28/2025.

How were the shares being sold on Form 144 acquired?

The shares were acquired through options granted on 12/11/2019, as stated in the filing.

Who is listed as having sold Class A shares previously in this filing?

The filing lists Benoit Dageville as the seller for multiple Class A share sales dated between 06/10/2025 and 08/21/2025.

What sizes and proceeds are shown for prior sales in the filing?

Prior sales include transactions such as 25,000 shares on several dates with gross proceeds reported (examples: $5,621,000.00 on 06/30/2025, $5,545,750.00 on 07/10/2025).

Does the filing indicate whether a 10b5-1 plan was used?

The form contains the standard attestation language about Rule 10b5-1 plan adoption but does not specify a plan adoption date or confirm that sales are pursuant to a 10b5-1 plan.