[144] Snowflake Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 notice filed relating to Snowflake Inc. common stock under Rule 144. The notice lists a proposed sale of 1,912 shares through Fidelity Brokerage Services with an aggregate market value of $423,010.88 and reports 338,800,000 shares outstanding. The securities were acquired on 09/15/2025 by restricted stock vesting from the issuer and the consideration is listed as compensation. The scheduled approximate date of sale is 09/16/2025 on the NYSE. The filing also discloses multiple prior sales by Benoit Dageville between 06/17/2025 and 09/09/2025, including several large blocks of 25,000 shares and other amounts with listed gross proceeds per transaction.
Positive
- None.
Negative
- Multiple large insider sales disclosed between 06/17/2025 and 09/09/2025, including several 25,000-share transactions.
- Ongoing monetization activity by the named seller could be viewed as increased insider selling pressure in the recent period.
Insights
TL;DR Routine insider disposition following restricted stock vesting; multiple prior sales disclosed.
The Form 144 documents a proposed sale of 1,912 Snowflake common shares arising from restricted stock that vested on 09/15/2025 and is to be sold through Fidelity on 09/16/2025. The filing provides transaction-level transparency and lists outstanding shares of 338,800,000, allowing investors to gauge relative scale. Prior transactions by Benoit Dageville across June–September 2025 are disclosed with gross proceeds per trade, indicating ongoing monetization activity by the named seller. This is a standard Rule 144 notice rather than a corporate operational disclosure.
TL;DR Filing appears compliant and includes required acquisition and sale history details.
The Form 144 includes required fields: acquisition date, nature of acquisition (restricted stock vesting), payment nature (compensation), broker details, proposed sale date, and recent sales history by the same person. The seller attests to absence of undisclosed material adverse information. The level of detail supports compliance with Rule 144 reporting obligations and provides a clear audit trail for the vested shares and recent dispositions.