STOCK TITAN

Snowflake: Dageville trust sells 50,000 shares

The sale and gift were made under a Rule 10b5-1 trading plan adopted April 3, 2026.

(Very High)

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
4

Rhea-AI Filing Summary

Snowflake Inc. director Benoit Dageville reported that The Snow Trust sold 50,000 common shares at $333.42 per share and gifted 16,668 shares on October 7, 2026. Both transfers were made under a Rule 10b5-1 trading plan adopted April 3, 2026. A separate direct holding entry lists 177,343 common shares, including shares to be issued in connection with the vesting of one or more restricted stock units.

Insights

Analyzing...

Insider Dageville Benoit
Role Director
Sold 50,000 shs ($16.67M)
Type Security Shares Price Value
Sale Common Stock F1, F2 50,000 $333.42 $16.67M
Gift Common Stock F1, F2 16,668 $0.00 $0.00
holding Common Stock F3 -- -- --
holding Common Stock F4 -- -- --
holding Common Stock F5 -- -- --
holding Common Stock F6 -- -- --
holding Common Stock F7 -- -- --
Holdings After Transaction: Common Stock — 3,868,211 shares (Indirect, Trust); Common Stock — 177,343 shares (Direct)
Footnotes (7)
  1. F1. The gift and sale reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on April 3, 2026.
  2. F2. The shares are held by The Snow Trust UTA dated 9/10/19 for which the Reporting Person is a trustee.
  3. F3. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
  4. F4. The shares are held by The Selene GRAT No. 1 dated 3/13/2025 for which the Reporting Person is the trustee.
  5. F5. 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.
  6. F6. The shares are held by The Selene GRAT No. 2 dated 3/13/2025 for which the Reporting Person is the trustee.
  7. F7. The shares are held by The Thira GRAT No. 2 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
Shares sold 50,000 shares The Snow Trust sale on October 7, 2026
Sale price $333.42 per share The Snow Trust sale on October 7, 2026
Shares gifted 16,668 shares The Snow Trust gift on October 7, 2026
Direct common shares 177,343 shares Direct holding entry dated October 7, 2026; includes shares to be issued in connection with vesting of restricted stock units
Rule 10b5-1 trading plan regulatory
"effected pursuant to a 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"vesting of one or more restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
GRAT financial
"The Selene GRAT No. 1 dated 3/13/2025"
beneficial ownership financial
"disclaims beneficial ownership of these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

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

How many SNOW shares did Benoit Dageville's trust sell?

The Snow Trust sold 50,000 Snowflake common shares at $333.42 per share on October 7, 2026. Benoit Dageville, a Snowflake director, was the trust's trustee, and the sale was made under a Rule 10b5-1 trading plan adopted April 3, 2026.

How many SNOW shares did Benoit Dageville's trust gift?

The Snow Trust gifted 16,668 Snowflake common shares on October 7, 2026. Benoit Dageville, a Snowflake director, was the trust's trustee, and the gift was made under a Rule 10b5-1 trading plan adopted April 3, 2026.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
Estimated average burden
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).
X
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 CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock10/07/2026S(1)50,000D$333.422,384,879ITrust(2)
Common Stock10/07/2026G(1)16,668D$02,368,211ITrust(2)
Common Stock177,343(3)D
Common Stock358,087ITrust(4)
Common Stock358,087ITrust(5)
Common Stock391,913ITrust(6)
Common Stock391,913ITrust(7)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The gift and sale reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on April 3, 2026.
2. The shares are held by The Snow Trust UTA dated 9/10/19 for which the Reporting Person is a trustee.
3. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
4. The shares are held by The Selene GRAT No. 1 dated 3/13/2025 for which the Reporting Person is the trustee.
5. 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.
6. The shares are held by The Selene GRAT No. 2 dated 3/13/2025 for which the Reporting Person is the trustee.
7. The shares are held by The Thira GRAT No. 2 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
Remarks:
/s/ Marie Reider, Attorney-in-Fact10/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Keep reading