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[Form 4] Snowflake Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4
Rhea-AI Filing Summary

Snowflake Inc. (SNOW) disclosed that a director and its Founder and Chief Architect reported multiple transactions on 11/13/2025: an option exercise for 25,000 shares at $13.48, an open‑market sale of 25,000 shares at a weighted average price of $264.45, and a gift of 7,500 shares.

Following these transactions, the filing lists 50,519 shares held directly. It also reports indirect holdings of 3,059,055 shares in The Snow Trust UTA dated 9/10/19, 750,000 shares in The Thira GRAT No. 1 dated 3/13/2025 (beneficial ownership disclaimed), and 750,000 shares in The Selene GRAT No. 1 dated 3/13/2025. The stock option was fully vested and covered 25,000 underlying common shares. The filing notes these transactions were effected pursuant to a Rule 10b5‑1 trading plan adopted on March 28, 2025. It also states that the reported holdings include shares to be issued upon the vesting of restricted stock units.

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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
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.
106 EAST BABCOCK STREET, SUITE 3A

(Street)
BOZEMAN MT 59715

(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)
11/13/2025
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 11/13/2025 M(1) 25,000 A $13.48 75,519(2) D
Common Stock 11/13/2025 S(1) 25,000 D $264.45 50,519(2) D
Common Stock 11/13/2025 G(1) 7,500 D $0 3,059,055 I Trust(3)
Common Stock 750,000 I Trust(4)
Common Stock 750,000 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
Stock Option (Right to Buy) $13.48 11/13/2025 M(1) 25,000 (6) 12/10/2029 Common Stock 25,000 $0 192,927 D
Explanation of Responses:
1. The gift, exercise, and sale were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 28, 2025.
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 Snow Trust UTA dated 9/10/19 for which the Reporting Person is a 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 Selene GRAT No. 1 dated 3/13/2025 for which the Reporting Person is the trustee.
6. The stock option is fully vested.
Remarks:
/s/ Marie Reider, Attorney-in-Fact 11/14/2025
** 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.
Snowflake Inc

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87.04B
327.92M
4.1%
71.12%
3.81%
Software - Application
Services-prepackaged Software
Link
United States
BOZEMAN