Snowflake director’s trust sells 50,000 shares

Q: How many SNOW shares did The Snow Trust sell, and at what price?

The Snow Trust UTA dated September 10, 2019, sold 50,000 Snowflake shares on October 21, 2026, at $321.74 per share. The sale was made under a Rule 10b5-1 trading plan adopted April 3, 2026.

Q: How many SNOW shares did The Snow Trust give as a gift?

The Snow Trust UTA dated September 10, 2019, transferred 16,668 Snowflake shares as a bona fide gift on October 21, 2026. The gift was made under the Rule 10b5-1 trading plan adopted April 3, 2026.

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

Filing Impact

(Neutral)

Filing Sentiment

(Very Negative)How Sentiment works

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.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Snowflake Inc. director Benoit Dageville reported that The Snow Trust UTA dated September 10, 2019, for which he is a trustee, transferred 16,668 shares as a gift and sold 50,000 shares of Snowflake common stock on October 21, 2026. The sale price was $321.74 per share. The gift and sale were made under a Rule 10b5-1 trading plan adopted April 3, 2026. Dageville reported direct holdings of 177,343 shares following the transactions; that figure includes shares to be issued in connection with vesting of one or more restricted stock units.

Insider Trade Summary 10b5-1

Net Seller: 50,000 shares

Net Sell 7 txns

Insider Dageville Benoit

Role Director

Sold 50,000 shs ($16.09M)

Type	Security	Shares	Price	Value
Gift	Common Stock ^{F1, F2}	16,668	$0.00	$0.00
Sale	Common Stock ^{F1, F2}	50,000	$321.74	$16.09M
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 — 3,801,543 shares (Indirect, Trust); Common Stock — 177,343 shares (Direct)

Footnotes (7)

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.
F2. The shares are held by The Snow Trust UTA dated 9/10/19 for which the Reporting Person is a trustee.
F3. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
F4. The shares are held by The Selene GRAT No. 1 dated 3/13/2025 for which the Reporting Person is the trustee.
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.
F6. The shares are held by The Selene GRAT No. 2 dated 3/13/2025 for which the Reporting Person is the trustee.
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.

Key Figures

Shares sold: 50,000 shares Sale price per share: $321.74 per share Shares transferred as a gift: 16,668 shares +2 more

5 metrics

Shares sold 50,000 shares The Snow Trust transaction on October 21, 2026

Sale price per share $321.74 per share The Snow Trust transaction on October 21, 2026

Shares transferred as a gift 16,668 shares The Snow Trust transaction on October 21, 2026

Direct shares reported following transactions 177,343 shares Includes shares to be issued in connection with vesting of one or more restricted stock units

Trading plan adoption date April 3, 2026 Rule 10b5-1 trading plan covering the gift and sale

Key Terms

Rule 10b5-1 trading plan, restricted stock units, GRAT, beneficial ownership

4 terms

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

"shares are held by The Selene GRAT No. 1"

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 The Snow Trust sell, and at what price?

The Snow Trust UTA dated September 10, 2019, sold 50,000 Snowflake shares on October 21, 2026, at $321.74 per share. The sale was made under a Rule 10b5-1 trading plan adopted April 3, 2026.

How many SNOW shares did The Snow Trust give as a gift?

The Snow Trust UTA dated September 10, 2019, transferred 16,668 Snowflake shares as a bona fide gift on October 21, 2026. The gift was made under the Rule 10b5-1 trading plan adopted April 3, 2026.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Available on EDGAR 10/23/2026 - 06:45 PM EDT Accepted by SEC EDGAR 10/23/2026 - 06:45 PM EDT

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).

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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/21/2026

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

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/21/2026		G⁽¹⁾		16,668	D	$0	2,351,543	I	Trust⁽²⁾
Common Stock	10/21/2026		S⁽¹⁾		50,000	D	$321.74	2,301,543	I	Trust⁽²⁾
Common Stock								177,343⁽³⁾	D
Common Stock								358,087	I	Trust⁽⁴⁾
Common Stock								358,087	I	Trust⁽⁵⁾
Common Stock								391,913	I	Trust⁽⁶⁾
Common Stock								391,913	I	Trust⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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-Fact	10/23/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR