STOCK TITAN

SNOW Director Dageville Files to Sell $182K in Shares|Snowflake Executive Reports Stock Sale Plan - Form 144|Snowflake Officer Trading Activity - SEC Form 144 Filed

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 filing reveals Snowflake officer and director Benoit Dageville plans to sell 870 Class A shares worth $182,587 through Fidelity Brokerage Services on NYSE. The shares were acquired through restricted stock vesting on June 20, 2025. Notable recent trading activity shows Dageville sold 64,960 shares in the past 3 months totaling approximately $11.16M. Sales executed under 10b5-1 trading plan adopted March 29, 2024. Transaction represents minimal portion of Snowflake's 333.7M outstanding shares. Filing indicates seller has no knowledge of undisclosed material adverse information regarding company operations.

Positive

  • The insider's stock sale represents a minimal portion (870 shares) of Snowflake's total outstanding shares (333.7M), indicating limited dilution impact
  • The sale price of $209.87 per share (derived from $182,586.90/870 shares) reflects a strong market valuation for Snowflake stock
  • The shares being sold came from restricted stock vesting, which is part of normal executive compensation practices rather than open market purchases being liquidated

Negative

  • Officer/Director Benoit Dageville has sold significant amounts in the past 3 months totaling 64,960 shares for approximately $11.16M, suggesting ongoing insider selling pressure
  • The insider sale is being executed under a 10b5-1 trading plan adopted on March 29, 2024, indicating a programmatic selling strategy by the executive
  • Multiple sales by the same insider within a short timeframe (7 sales in past 3 months) could signal reduced confidence in near-term stock appreciation potential
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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

How many SNOW shares is Benoit Dageville selling on June 23, 2025?

According to the Form 144 filing, Benoit Dageville plans to sell 870 Class A shares of Snowflake Inc. (SNOW) with an aggregate market value of $182,586.90 through Fidelity Brokerage Services LLC.

How many SNOW shares has Benoit Dageville sold in the past 3 months before June 2025?

In the three months prior, Dageville sold a total of 64,710 Class A shares across multiple transactions from April to June 2025, with the largest sale being 31,250 shares on May 8, 2025 for $5,468,750.

What is Benoit Dageville's position at SNOW?

According to the Form 144 filing, Benoit Dageville serves as both an Officer and Director at Snowflake Inc.

How did Benoit Dageville acquire the SNOW shares being sold?

The shares being sold were acquired through Restricted Stock Vesting on June 20, 2025 as part of compensation from the issuer (Snowflake Inc.).

What is the total value of SNOW shares Benoit Dageville sold between April and June 2025?

The total gross proceeds from Dageville's sales between April and June 2025 amounted to $11,156,504.08 across seven separate transactions.