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Snowflake's Dageville proposes $16.1M share sale

The Snow Trust’s prior three-month sales included six transactions of 50,000 shares each, dated July 29 through October 7, 2026.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
144

Rhea-AI Filing Summary

Snowflake Inc. reports a proposed sale of 50,000 common shares for Benoit Dageville, identified as an officer and director, at an aggregate market value of $16,087,000. The notice says the proposed sale and sales during the prior three months occurred in The Snow Trust, of which Dageville is a trustee and account stakeholder. Snowflake had 352,800,000 shares outstanding on October 21, 2026.

Common shares proposed for sale 50,000 shares Proposed sale for Benoit Dageville
Aggregate market value $16,087,000 Proposed sale
Shares outstanding 352,800,000 shares As of October 21, 2026
Shares per prior sale 50,000 shares Each of six sales from July 29 through October 7, 2026
Prior sale value $14,000,000 The Snow Trust sale on July 29, 2026
Prior sale value $16,785,000 The Snow Trust sale on August 12, 2026
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Founders Shares technical
"Founders Shares"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.
attorney-in-fact technical
"as attorney-in-fact for Benoit Dageville"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SNOW shares are proposed for sale, and what is their value?

Snowflake’s notice lists 50,000 common shares for sale at an aggregate market value of $16,087,000. Benoit Dageville is identified as an officer and director, and the remarks attribute the sale to The Snow Trust, where he is a trustee and account stakeholder.

What recent SNOW share sales by The Snow Trust are listed?

The notice lists six sales of 50,000 shares each on July 29, August 12, August 26, September 9, September 23 and October 7, 2026. The remarks identify The Snow Trust as the entity in which those sales occurred.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

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