STOCK TITAN

Snowflake director's trust sells 50,000 shares

The director reported both transactions under a trading plan adopted on April 3, 2026.

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Snowflake Inc. (SNOW) director Benoit Dageville reported that The Snow Trust, for which he is a trustee, sold 50,000 shares at $339.08 per share and transferred 16,668 shares as a gift on September 23, 2026. Both transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Dageville on April 3, 2026. The report also lists 177,343 directly held common shares, including shares to be issued in connection with the vesting of one or more restricted stock units.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider Dageville Benoit
Role Director
Sold 50,000 shs ($16.95M)
Type Security Shares Price Value
Gift Common Stock F1, F2 16,668 $0.00 $0.00
Sale Common Stock F1, F2 50,000 $339.08 $16.95M
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 — 3,934,879 shares (Indirect, Trust); Common Stock — 177,343 shares (Direct)
Footnotes (7)
  1. F1. The sale and gift 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 Sale by The Snow Trust on September 23, 2026
Sale price $339.08 per share Sale by The Snow Trust on September 23, 2026
Shares gifted 16,668 shares Bona fide gift by The Snow Trust on September 23, 2026
Direct common shares reported 177,343 shares Reported after the transactions; includes shares to be issued in connection with vesting of one or more restricted stock units
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.
GRAT financial
"The Selene GRAT No. 1"

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 sold 50,000 SNOW common shares at $339.08 per share on September 23, 2026. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Benoit Dageville on April 3, 2026.

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

The Snow Trust transferred 16,668 SNOW common shares as a bona fide gift on September 23, 2026. The gift was effected pursuant to a Rule 10b5-1 trading plan adopted by Benoit Dageville on 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)
09/23/2026
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 Stock09/23/2026G(1)16,668D$02,484,879ITrust(2)
Common Stock09/23/2026S(1)50,000D$339.082,434,879ITrust(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 sale and gift 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-Fact09/24/2026
** 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