[144] Snowflake Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for SNOW (Snowflake Inc.) showing proposed and recent insider sales. The filing reports a proposed sale of 25,000 common shares through Fidelity Brokerage Services LLC on 09/18/2025 with an aggregate market value of $5,484,000.00. The filer indicates the shares were acquired in connection with an option granted on 12/11/2019 and lists 25,000 shares as being paid for in cash on 09/18/2025. The issuer's total shares outstanding are shown as 338,800,000. The filing also discloses multiple common-share sales by the filer between 06/23/2025 and 09/16/2025, including several 25,000-share dispositions and gross proceeds for each sale.

Positive

• Disclosure compliance: The filer provided required Rule 144 details including broker, share counts, dates, and gross proceeds.
• Option exercise disclosed: The shares to be sold are identified as acquired via an option granted on 12/11/2019, with payment in cash.

Negative

• Repeated insider sales: The filer reported multiple sales between 06/23/2025 and 09/16/2025, including several 25,000-share transactions.
• No operational or financial context: The filing contains no revenue, earnings, or guidance data to explain timing of sales.

Insights

Financial Analyst

TL;DR: Routine insider exercise and recurring sales disclosed; no financial performance data included.

The filing documents an insider exercise of stock options and a proposed sale of 25,000 Snowflake common shares via a broker on 09/18/2025 for an aggregate market value of $5,484,000. The notice lists the shares as acquired under an option granted 12/11/2019 and paid in cash. The filer also reported multiple sales between June and September 2025 with disclosed gross proceeds per transaction. This is a transactional disclosure required under Rule 144 rather than a corporate operational update; it provides transparency on insider liquidity but contains no revenue, earnings, or guidance metrics.

Corporate Governance Expert

TL;DR: Compliance-focused filing showing insider sales and option exercise; governance implication is transparency of insider liquidity.

The Form 144 lists the relationship to the issuer and sale logistics, documenting broker, share counts, dates, and proceeds for recent dispositions. It confirms the filer represented they are not aware of undisclosed material adverse information. The submission demonstrates adherence to Rule 144 procedures and public reporting obligations, but it does not include any plan adoption date under Rule 10b5-1 or additional governance changes.

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	25000	5484000.00	338800000	09/18/2025	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	09/18/2025	Option Granted - 12/11/2019	Issuer			25000	09/18/2025	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	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

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 is being proposed for sale in the SNOW Form 144?

The filing proposes the sale of 25,000 common shares of Snowflake via Fidelity Brokerage Services LLC on 09/18/2025 with an aggregate market value of $5,484,000.00.

How were the shares being sold acquired according to the filing?

The shares were acquired through an option granted on 12/11/2019, and the filing shows 25,000 shares with payment in cash on 09/18/2025.

What is the issuer's number of outstanding shares reported in the filing?

The filing lists 338,800,000 shares outstanding for the issuer.

Has the filer sold other SNOW shares recently?

Yes; the filing lists multiple sales between 06/23/2025 and 09/16/2025, including transactions of 25,000 shares and other amounts, with gross proceeds disclosed per sale.

Does the Form 144 indicate a 10b5-1 trading plan date?

No plan adoption date under Rule 10b5-1 is provided in the visible filing fields.