Snowflake (NYSE: SNOW) founder receives 20,694-share performance stock award

Rhea-AI Filing Summary

Snowflake Inc. founder and Chief Architect Benoit Dageville reported an acquisition of 20,694 shares of Common Stock on February 24, 2026 through a stock award. The shares relate to previously granted restricted stock units that became earned after Snowflake achieved pre-set financial performance goals for fiscal year 2026.

These restricted stock units will vest over four years, with 25% vesting on March 8, 2026 and 6.25% vesting on each Quarterly Date (March 8, June 8, September 8, December 8) thereafter, subject to his continued service. Following this award, Dageville directly holds 63,944 shares of Common Stock.

Additional indirect holdings are reported in several trusts, including The Selene GRAT No. 1 dated March 13, 2025 and The Snow Trust UTA dated September 10, 2019, where Dageville serves as trustee, and The Thira GRAT No. 1 dated March 13, 2025, where his spouse is trustee and he disclaims beneficial ownership of those shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dageville Benoit

(Last) (First) (Middle)

C/O SNOWFLAKE INC.

135 CONSTITUTION DRIVE

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Founder and Chief Architect

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/24/2026		A		20,694(1)	A	$0	63,944(2)	D
Common Stock								750,000	I	Trust(3)
Common Stock								750,000	I	Trust(4)
Common Stock								3,001,555	I	Trust(5)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents previously granted restricted stock units acquired following determination of the Issuer's achievement of pre-established financial performance goals for fiscal year 2026. The restricted stock units will vest over four years, with 25% vesting on March 8, 2026, and 6.25% vesting on each "Quarterly Date" thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Dates are each of March 8, June 8, September 8, and December 8.

2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.

3. The shares are held by The Selene GRAT No. 1 dated 3/13/2025 for which the Reporting Person is the trustee.

4. The shares are held by The Thira GRAT No. 1 dated 3/13/2025 for which the Reporting Person's spouse is the trustee. The Reporting Person has no right to or interest in these shares and disclaims beneficial ownership of these shares.

5. The shares are held by The Snow Trust UTA dated 9/10/19 for which the Reporting Person is a trustee.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Snowflake (SNOW) founder Benoit Dageville report?

Benoit Dageville reported acquiring 20,694 Snowflake Common Stock shares via a stock award. The award comes from previously granted restricted stock units that were earned after Snowflake met pre-established financial performance goals for its fiscal year 2026.

How will Benoit Dageville’s new Snowflake restricted stock units vest?

The restricted stock units vest over four years, starting with 25% on March 8, 2026. Another 6.25% vests on each Quarterly Date—March 8, June 8, September 8, and December 8—assuming Dageville continues providing service through each vesting date.

How many Snowflake shares does Benoit Dageville directly own after this Form 4?

After the reported grant, Benoit Dageville directly owns 63,944 shares of Snowflake Common Stock. This figure reflects his direct holdings only and excludes additional shares reported as being held indirectly through various trusts.

What indirect Snowflake shareholdings are reported for Benoit Dageville in trusts?

Indirect Snowflake holdings are reported in several trusts, including The Selene GRAT No. 1 and The Snow Trust UTA, where Dageville is a trustee. Additional shares are held in The Thira GRAT No. 1, where he disclaims beneficial ownership despite his spouse serving as trustee.

Does Benoit Dageville claim beneficial ownership of all trust-held Snowflake shares?

No. For The Thira GRAT No. 1 dated March 13, 2025, Dageville explicitly disclaims beneficial ownership. The trust is overseen by his spouse as trustee, and he states he has no right to or interest in the Snowflake shares held there.