Snowflake founder plans $16.8M stock sale

Benoit Dageville files a Rule 144 notice to sell 50,000 Snowflake common shares, following sizable recent sales by himself and The Snow Trust.

Rhea-AI Filing Summary

Snowflake Inc. (SNOW) received a Rule 144 notice from shareholder Benoit Dageville covering a proposed sale of 50,000 shares of common stock through Fidelity Brokerage Services LLC. The shares are described as Founders Shares acquired from the issuer as compensation on August 1, 2012.

The notice also lists prior sales in the past three months by Dageville and The Snow Trust U/A Dtd 9/10/2019, including a sale of 140,819 shares on July 2, 2026 and several additional 50,000‑share transactions. Snowflake reports 352,800,000 shares of common stock outstanding as of the notice date.

Key Figures

Shares to be sold: 50,000 shares Aggregate market value of planned sale: $16,786,000.00 Shares outstanding: 352,800,000 shares +5 more

8 metrics

Shares to be sold 50,000 shares Proposed Rule 144 sale of Snowflake common stock

Aggregate market value of planned sale $16,786,000.00 Value of 50,000 Snowflake shares covered by the notice

Shares outstanding 352,800,000 shares Snowflake common stock outstanding as of September 9, 2026

Dageville sale on July 2, 2026 140,819 shares for $35,858,150.16 Direct sale of Snowflake common stock in past three months

Snow Trust sale on July 2, 2026 50,000 shares for $12,732,000.00 Sale of Snowflake common stock by The Snow Trust

Snow Trust sale on July 15, 2026 50,000 shares for $13,826,500.00 Sale of Snowflake common stock by The Snow Trust

Snow Trust sale on July 29, 2026 50,000 shares for $14,000,000.00 Sale of Snowflake common stock by The Snow Trust

Snow Trust sale on August 26, 2026 50,000 shares for $15,472,000.00 Sale of Snowflake common stock by The Snow Trust

Key Terms

Rule 144, Founders Shares, attorney-in-fact, The Snow Trust U/A Dtd 9/10/2019

4 terms

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 financial

"Common | 08/01/2012 | Founders Shares | Issuer"

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 regulatory

"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.

The Snow Trust U/A Dtd 9/10/2019 financial

"The Snow Trust U/A Dtd 9/10/2019 135 Constitution Drive"

FAQ

What does the Form 144 filing for SNOW disclose about Benoit Dageville's planned sale?

The notice states that Benoit Dageville intends to sell 50,000 shares of Snowflake common stock through Fidelity Brokerage Services LLC. These shares are identified as Founders Shares acquired from the issuer as compensation on August 1, 2012.

What is the aggregate market value of the Snowflake (SNOW) shares covered by this Form 144?

The filing reports an aggregate market value of $16,786,000.00 for the 50,000 shares of Snowflake common stock that are planned to be sold under this Rule 144 notice.

How many Snowflake (SNOW) shares are reported as outstanding in the Form 144?

The Form 144 lists 352,800,000 shares of Snowflake common stock as outstanding as of September 9, 2026, providing context for the size of the planned Rule 144 sale.

What Snowflake (SNOW) sales has Benoit Dageville reported in the past three months?

The filing lists a sale by Benoit Dageville of 140,819 shares of Snowflake common stock on July 2, 2026 for proceeds of $35,858,150.16, in addition to sales by The Snow Trust U/A Dtd 9/10/2019.

What transactions has The Snow Trust reported involving Snowflake (SNOW) shares?

The Snow Trust U/A Dtd 9/10/2019 is reported to have sold 50,000 shares of Snowflake common stock on each of July 2, July 15, July 29, August 12, and August 26, 2026, for proceeds ranging from $12,732,000.00 to $16,785,000.00 per transaction.

What is the relationship between Benoit Dageville and The Snow Trust in the SNOW Form 144?

The remarks state that the current and some recent sales occurred in The Snow Trust U/A Dtd 9/10/2019, of which Benoit Dageville is a trustee and account stakeholder, linking him to the trust’s Snowflake share sales.

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

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Available on EDGAR 09/09/2026 - 11:33 AM Accepted by SEC EDGAR 09/09/2026 - 11:32 AM Learn about SEC filing dates

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	0001821737
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Snowflake Inc.
SEC File Number	001-39504
Address of Issuer	135 CONSTITUTION DRIVE MENLO PARK CALIFORNIA 94025
Phone	844-766-9355
Name of Person for Whose Account the Securities are To Be Sold	Dageville Benoit
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	Officer
Relationship to Issuer	Director

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	50000	16786000.00	352800000	09/09/2026	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	08/01/2012	Founders Shares	Issuer			50000	08/01/2012	Compensation

* 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 135 Constitution Drive Menlo Park CA 94025	Common	07/02/2026	140819	35858150.16
The Snow Trust U/A Dtd 9/10/2019 135 Constitution Drive Menlo Park CA 94025	Common	07/02/2026	50000	12732000.00
The Snow Trust U/A Dtd 9/10/2019 135 Constitution Drive Menlo Park CA 94025	Common	07/15/2026	50000	13826500.00
The Snow Trust U/A Dtd 9/10/2019 135 Constitution Drive Menlo Park CA 94025	Common	07/29/2026	50000	14000000.00
The Snow Trust U/A Dtd 9/10/2019 135 Constitution Drive Menlo Park CA 94025	Common	08/12/2026	50000	16785000.00
The Snow Trust U/A Dtd 9/10/2019 135 Constitution Drive Menlo Park CA 94025	Common	08/26/2026	50000	15472000.00

144: Remarks and Signature

Remarks	Today's sale and some sales taking place in the past 3 months occurred in The Snow Trust U/A Dtd 9/10/2019 of which Benoit Dageville is a trustee and account stakeholder.
Date of Notice	09/09/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	04/03/2026
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	/s/Wade Moss, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Benoit Dageville
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)