Snowflake director's trust sells 50,000 shares

Separate indirect holdings include The Selene and Thira GRATs; Benoit Dageville disclaims beneficial ownership of shares held by the Thira GRATs.

Available on EDGAR 11/05/2026 - 06:32 PM EST Accepted by SEC EDGAR 11/05/2026 - 06:27 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Snowflake Inc. director Benoit Dageville reported that The Snow Trust UTA, for which he is trustee, gifted 16,668 common shares and sold 50,000 common shares on November 4, 2026; the sale price was $292.35 per share. Both transactions were effected under a 10b5-1 trading plan adopted by Dageville on April 3, 2026. His direct holdings after the transactions were reported as 177,343 shares, including 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 2 txns

Insider Dageville Benoit

Role Director

Sold 50,000 shs ($14.62M)

Share of Position Sold 2.2%

Type	Security	Shares	Price	Value
Gift	Common Stock F1, F2	16,668	$0.00	$0.00
Sale	Common Stock F1, F2	50,000	$292.35	$14.62M
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 — 3,734,875 shares (Indirect, Trust); Common Stock — 177,343 shares (Direct)

Holdings Before and After: Common Stock, 3,801,543 to 3,734,875 shares (Indirect, Trust)

Other Insiders: 2 other insiders reported open-market sales of this stock in the 30 days up to this filing.

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.

Key Figures

Shares sold: 50,000 shares Sale price: $292.35 per share Shares gifted: 16,668 shares +1 more

4 metrics

Shares sold 50,000 shares The Snow Trust UTA; November 4, 2026

Sale price $292.35 per share Sale by The Snow Trust UTA on November 4, 2026

Shares gifted 16,668 shares The Snow Trust UTA; November 4, 2026

Direct shares following transactions 177,343 shares Benoit Dageville's reported direct holdings after the November 4, 2026 transactions; includes shares to be issued in connection with vesting of one or more restricted stock units

Key Terms

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

3 terms

10b5-1 trading plan regulatory

"effected pursuant to a 10b5-1 trading plan"

A 10b5-1 trading plan is a pre-arranged strategy that allows company insiders to buy or sell company stock at set times, regardless of their current knowledge about the company's situation. It acts like a scheduled appointment for trading, helping prevent the appearance of impropriety or insider trading. This plan provides a way for insiders to sell or buy shares in a controlled, transparent manner, offering reassurance to investors about fair trading practices.

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.

beneficial ownership regulatory

"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 shares of Snowflake common stock on November 4, 2026, at $292.35 per share. The sale was effected under a 10b5-1 trading plan adopted by Benoit Dageville, a director and trustee, on April 3, 2026.

How many SNOW shares did The Snow Trust gift?

The Snow Trust gifted 16,668 shares of Snowflake common stock on November 4, 2026. The gift was effected under a 10b5-1 trading plan adopted by Benoit Dageville on April 3, 2026.

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

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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.

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)
11/04/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/04/2026		G(1)		16,668	D	$0	2,284,875	I	Trust(2)
Common Stock	11/04/2026		S(1)		50,000	D	$292.35	2,234,875	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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-Fact	11/05/2026
	** 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)