Snowflake (SNOW) Form 4: Founder exercised 25k, sold 25k shares

Snowflake Inc. (SNOW) reported insider activity by its Founder and Chief Architect (also a Director) on 10/16/2025.

Rhea-AI Filing Summary

Snowflake Inc. (SNOW) reported insider activity by its Founder and Chief Architect (also a Director) on 10/16/2025. The reporting person exercised a stock option for 25,000 shares at an exercise price of $13.48 and sold 25,000 shares at $246, all pursuant to a Rule 10b5-1 trading plan adopted on March 28, 2025. The filing also lists a gift of 7,500 shares.

Following the reported transactions, directly held shares were 50,519. Indirect holdings include 3,074,055 shares in The Snow Trust UTA dated 9/10/19, and 750,000 shares in each of The Thira GRAT No. 1 and The Selene GRAT No. 1, with a disclaimer of beneficial ownership for the Thira GRAT. The underlying option was fully vested and expires on 12/10/2029, with 242,927 derivative securities remaining beneficially owned.

Insider Trade Summary

Exercise and Sale: 25,000 shares ($5.81M approx. pre-tax spread)

Exercise and Sale 6 txns

Insider Dageville Benoit

Role Founder and Chief Architect

Sold 25,000 shs ($6.15M)

Approx. gross sale proceeds $6.15M

Approx. exercise cost $337K

Approx. pre-tax spread $5.81M

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	25,000	$0.00	$0.00
Exercise	Common Stock	25,000	$13.48	$337K
Sale	Common Stock	25,000	$246.00	$6.15M
Gift	Common Stock	7,500	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Option (Right to Buy) — 242,927 contracts (Direct); Common Stock — 50,519 shares (Direct); Common Stock — 4,574,055 shares (Indirect, Trust)

Footnotes (6)

1. F1. The gift, exercise, and sale were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 28, 2025.
2. F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
3. F3. The shares are held by The Snow Trust UTA dated 9/10/19 for which the Reporting Person is a trustee.
4. F4. 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. F5. The shares are held by The Selene GRAT No. 1 dated 3/13/2025 for which the Reporting Person is the trustee.
6. F6. The stock option is fully vested.

FAQ

What insider transaction did Snowflake (SNOW) report?

On 10/16/2025, the founder exercised 25,000 options at $13.48, sold 25,000 shares at $246, and gifted 7,500 shares under a Rule 10b5-1 plan.

How many shares did the Snowflake insider sell and at what price?

The filing shows a sale of 25,000 shares at $246 on 10/16/2025.

What options were exercised by the Snowflake insider?

A stock option for 25,000 shares was exercised at an $13.48 exercise price; the option is fully vested and expires on 12/10/2029.

Was the Snowflake insider activity under a 10b5-1 plan?

Yes. The gift, exercise, and sale were effected pursuant to a Rule 10b5-1 trading plan adopted on March 28, 2025.

What are the insider’s holdings after the transactions?

Directly held shares were 50,519. Indirect holdings include 3,074,055 in The Snow Trust UTA, and 750,000 in each of The Thira and The Selene GRATs.

Did the Snowflake insider make any gifts of shares?

Yes. The filing reports a gift of 7,500 shares on 10/16/2025.

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

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Accepted by SEC EDGAR 10/20/2025 - 06:49 PM Learn about SEC filing dates

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)
10/16/2025

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	10/16/2025		M(1)		25,000	A	$13.48	75,519(2)	D
Common Stock	10/16/2025		S(1)		25,000	D	$246	50,519(2)	D
Common Stock	10/16/2025		G(1)		7,500	D	$0	3,074,055	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	10/16/2025		M(1)			25,000	(6)	12/10/2029	Common Stock	25,000	$0	242,927	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	10/20/2025
	** 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.