STOCK TITAN

[Form 4] Snowflake Inc. Insider Trading Activity

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

Snowflake (SNOW) President of Products and Director Benoit Dageville reported multiple transactions in Class A Common Stock on June 20-23, 2025:

  • June 20: Disposed of 888 shares (600 + 288) at $212.08 per share through tax withholding on RSU vesting
  • June 23: Sold 870 shares (588 + 282) at $209.87 per share via a 10b5-1 trading plan

Following these transactions, Dageville holds 58,325 shares directly and maintains indirect ownership through three trusts:

  • 750,000 shares in Thira GRAT No. 1 (spouse as trustee)
  • 750,000 shares in Selene GRAT No. 1 (self as trustee)
  • 3,191,555 shares in The Snow Trust (self as trustee)

Total indirect beneficial ownership stands at 4,691,555 shares through trust arrangements. The transactions were partially executed under a pre-established 10b5-1 trading plan from March 29, 2024.

Benoit Dageville, Presidente dei Prodotti e Direttore di Snowflake (SNOW), ha effettuato diverse operazioni sul Class A Common Stock tra il 20 e il 23 giugno 2025:

  • 20 giugno: Vendita di 888 azioni (600 + 288) a 212,08 $ per azione tramite ritenuta fiscale su vesting di RSU
  • 23 giugno: Vendita di 870 azioni (588 + 282) a 209,87 $ per azione tramite un piano di trading 10b5-1

Dopo queste operazioni, Dageville detiene direttamente 58.325 azioni e possiede indirettamente azioni attraverso tre trust:

  • 750.000 azioni nel Thira GRAT No. 1 (coniuge come trustee)
  • 750.000 azioni nel Selene GRAT No. 1 (se stesso come trustee)
  • 3.191.555 azioni nel The Snow Trust (se stesso come trustee)

La proprietà indiretta totale ammonta a 4.691.555 azioni tramite i trust. Le transazioni sono state parzialmente eseguite nell’ambito di un piano di trading 10b5-1 preesistente, datato 29 marzo 2024.

Benoit Dageville, Presidente de Productos y Director de Snowflake (SNOW), reportó varias transacciones en acciones Clase A entre el 20 y 23 de junio de 2025:

  • 20 de junio: Disposición de 888 acciones (600 + 288) a 212,08 $ por acción mediante retención fiscal por el vesting de RSU
  • 23 de junio: Venta de 870 acciones (588 + 282) a 209,87 $ por acción a través de un plan de trading 10b5-1

Tras estas operaciones, Dageville posee directamente 58,325 acciones y mantiene propiedad indirecta mediante tres fideicomisos:

  • 750,000 acciones en Thira GRAT No. 1 (cónyuge como fiduciario)
  • 750,000 acciones en Selene GRAT No. 1 (él mismo como fiduciario)
  • 3,191,555 acciones en The Snow Trust (él mismo como fiduciario)

La propiedad indirecta total alcanza 4,691,555 acciones a través de estos fideicomisos. Las transacciones se ejecutaron parcialmente bajo un plan de trading 10b5-1 establecido el 29 de marzo de 2024.

스노우플레이크(SNOW) 제품 총괄 겸 이사인 베누아 다제빌(Benoit Dageville)이 2025년 6월 20일부터 23일까지 클래스 A 보통주 거래 내역을 보고했습니다:

  • 6월 20일: RSU 베스팅에 따른 세금 원천징수로 888주(600 + 288주)를 주당 212.08달러에 처분
  • 6월 23일: 10b5-1 거래 계획에 따라 870주(588 + 282주)를 주당 209.87달러에 매도

이 거래 후 다제빌은 직접 58,325주를 보유하며, 세 개의 신탁을 통해 간접 소유도 유지하고 있습니다:

  • Thira GRAT No. 1에 750,000주 (배우자가 수탁자)
  • Selene GRAT No. 1에 750,000주 (본인이 수탁자)
  • The Snow Trust에 3,191,555주 (본인이 수탁자)

총 간접 실질 소유 주식은 신탁을 통해 4,691,555주에 달합니다. 이 거래들은 2024년 3월 29일에 설정된 10b5-1 거래 계획에 따라 일부 실행되었습니다.

Benoit Dageville, Président des Produits et Directeur chez Snowflake (SNOW), a déclaré plusieurs transactions sur des actions ordinaires de Classe A entre le 20 et le 23 juin 2025 :

  • 20 juin : Cession de 888 actions (600 + 288) à 212,08 $ par action via une retenue fiscale liée à l’acquisition de RSU
  • 23 juin : Vente de 870 actions (588 + 282) à 209,87 $ par action selon un plan de trading 10b5-1

À la suite de ces transactions, Dageville détient directement 58 325 actions et conserve une propriété indirecte à travers trois trusts :

  • 750 000 actions dans Thira GRAT n° 1 (conjoint en tant que fiduciaire)
  • 750 000 actions dans Selene GRAT n° 1 (lui-même en tant que fiduciaire)
  • 3 191 555 actions dans The Snow Trust (lui-même en tant que fiduciaire)

La propriété bénéficiaire indirecte totale s’élève à 4 691 555 actions via ces trusts. Les transactions ont été partiellement réalisées dans le cadre d’un plan de trading 10b5-1 établi le 29 mars 2024.

Benoit Dageville, Präsident für Produkte und Direktor bei Snowflake (SNOW), meldete mehrere Transaktionen mit Class A Common Stock vom 20. bis 23. Juni 2025:

  • 20. Juni: Veräußerung von 888 Aktien (600 + 288) zu je 212,08 $ durch Steuerabzug bei RSU-Vesting
  • 23. Juni: Verkauf von 870 Aktien (588 + 282) zu je 209,87 $ über einen 10b5-1 Handelsplan

Nach diesen Transaktionen hält Dageville direkt 58.325 Aktien und besitzt indirekt Anteile über drei Trusts:

  • 750.000 Aktien im Thira GRAT Nr. 1 (Ehepartner als Treuhänder)
  • 750.000 Aktien im Selene GRAT Nr. 1 (selbst als Treuhänder)
  • 3.191.555 Aktien im The Snow Trust (selbst als Treuhänder)

Die gesamte indirekte wirtschaftliche Eigentümerschaft beläuft sich auf 4.691.555 Aktien durch Trust-Strukturen. Die Transaktionen wurden teilweise im Rahmen eines bereits bestehenden 10b5-1 Handelsplans vom 29. März 2024 durchgeführt.

Positive
  • Benoit Dageville maintains significant insider ownership with over 4.7M shares through various trusts, demonstrating strong alignment with shareholders
  • The insider sales were executed under a pre-planned 10b5-1 trading plan established in March 2024, indicating compliance with insider trading regulations
Negative
  • The President of Products sold a total of 870 shares at $209.87 per share on June 23, 2025
  • Additional 888 shares were disposed of through tax withholding at $212.08 per share on June 20, 2025

Insights

Analyzing...

Benoit Dageville, Presidente dei Prodotti e Direttore di Snowflake (SNOW), ha effettuato diverse operazioni sul Class A Common Stock tra il 20 e il 23 giugno 2025:

  • 20 giugno: Vendita di 888 azioni (600 + 288) a 212,08 $ per azione tramite ritenuta fiscale su vesting di RSU
  • 23 giugno: Vendita di 870 azioni (588 + 282) a 209,87 $ per azione tramite un piano di trading 10b5-1

Dopo queste operazioni, Dageville detiene direttamente 58.325 azioni e possiede indirettamente azioni attraverso tre trust:

  • 750.000 azioni nel Thira GRAT No. 1 (coniuge come trustee)
  • 750.000 azioni nel Selene GRAT No. 1 (se stesso come trustee)
  • 3.191.555 azioni nel The Snow Trust (se stesso come trustee)

La proprietà indiretta totale ammonta a 4.691.555 azioni tramite i trust. Le transazioni sono state parzialmente eseguite nell’ambito di un piano di trading 10b5-1 preesistente, datato 29 marzo 2024.

Benoit Dageville, Presidente de Productos y Director de Snowflake (SNOW), reportó varias transacciones en acciones Clase A entre el 20 y 23 de junio de 2025:

  • 20 de junio: Disposición de 888 acciones (600 + 288) a 212,08 $ por acción mediante retención fiscal por el vesting de RSU
  • 23 de junio: Venta de 870 acciones (588 + 282) a 209,87 $ por acción a través de un plan de trading 10b5-1

Tras estas operaciones, Dageville posee directamente 58,325 acciones y mantiene propiedad indirecta mediante tres fideicomisos:

  • 750,000 acciones en Thira GRAT No. 1 (cónyuge como fiduciario)
  • 750,000 acciones en Selene GRAT No. 1 (él mismo como fiduciario)
  • 3,191,555 acciones en The Snow Trust (él mismo como fiduciario)

La propiedad indirecta total alcanza 4,691,555 acciones a través de estos fideicomisos. Las transacciones se ejecutaron parcialmente bajo un plan de trading 10b5-1 establecido el 29 de marzo de 2024.

스노우플레이크(SNOW) 제품 총괄 겸 이사인 베누아 다제빌(Benoit Dageville)이 2025년 6월 20일부터 23일까지 클래스 A 보통주 거래 내역을 보고했습니다:

  • 6월 20일: RSU 베스팅에 따른 세금 원천징수로 888주(600 + 288주)를 주당 212.08달러에 처분
  • 6월 23일: 10b5-1 거래 계획에 따라 870주(588 + 282주)를 주당 209.87달러에 매도

이 거래 후 다제빌은 직접 58,325주를 보유하며, 세 개의 신탁을 통해 간접 소유도 유지하고 있습니다:

  • Thira GRAT No. 1에 750,000주 (배우자가 수탁자)
  • Selene GRAT No. 1에 750,000주 (본인이 수탁자)
  • The Snow Trust에 3,191,555주 (본인이 수탁자)

총 간접 실질 소유 주식은 신탁을 통해 4,691,555주에 달합니다. 이 거래들은 2024년 3월 29일에 설정된 10b5-1 거래 계획에 따라 일부 실행되었습니다.

Benoit Dageville, Président des Produits et Directeur chez Snowflake (SNOW), a déclaré plusieurs transactions sur des actions ordinaires de Classe A entre le 20 et le 23 juin 2025 :

  • 20 juin : Cession de 888 actions (600 + 288) à 212,08 $ par action via une retenue fiscale liée à l’acquisition de RSU
  • 23 juin : Vente de 870 actions (588 + 282) à 209,87 $ par action selon un plan de trading 10b5-1

À la suite de ces transactions, Dageville détient directement 58 325 actions et conserve une propriété indirecte à travers trois trusts :

  • 750 000 actions dans Thira GRAT n° 1 (conjoint en tant que fiduciaire)
  • 750 000 actions dans Selene GRAT n° 1 (lui-même en tant que fiduciaire)
  • 3 191 555 actions dans The Snow Trust (lui-même en tant que fiduciaire)

La propriété bénéficiaire indirecte totale s’élève à 4 691 555 actions via ces trusts. Les transactions ont été partiellement réalisées dans le cadre d’un plan de trading 10b5-1 établi le 29 mars 2024.

Benoit Dageville, Präsident für Produkte und Direktor bei Snowflake (SNOW), meldete mehrere Transaktionen mit Class A Common Stock vom 20. bis 23. Juni 2025:

  • 20. Juni: Veräußerung von 888 Aktien (600 + 288) zu je 212,08 $ durch Steuerabzug bei RSU-Vesting
  • 23. Juni: Verkauf von 870 Aktien (588 + 282) zu je 209,87 $ über einen 10b5-1 Handelsplan

Nach diesen Transaktionen hält Dageville direkt 58.325 Aktien und besitzt indirekt Anteile über drei Trusts:

  • 750.000 Aktien im Thira GRAT Nr. 1 (Ehepartner als Treuhänder)
  • 750.000 Aktien im Selene GRAT Nr. 1 (selbst als Treuhänder)
  • 3.191.555 Aktien im The Snow Trust (selbst als Treuhänder)

Die gesamte indirekte wirtschaftliche Eigentümerschaft beläuft sich auf 4.691.555 Aktien durch Trust-Strukturen. Die Transaktionen wurden teilweise im Rahmen eines bereits bestehenden 10b5-1 Handelsplans vom 29. März 2024 durchgeführt.

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)
President of Products
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
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
Class A Common Stock 06/20/2025 F(1) 600 D $212.08 59,483(2) D
Class A Common Stock 06/20/2025 F(1) 288 D $212.08 59,195(2) D
Class A Common Stock 06/23/2025 S(3) 588 D $209.87 58,607(2) D
Class A Common Stock 06/23/2025 S(3) 282 D $209.87 58,325(2) D
Class A Common Stock 750,000 I Trust(4)
Class A Common Stock 750,000 I Trust(5)
Class A Common Stock 3,191,555 I Trust(6)
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. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
3. The sales were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 29, 2024.
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 shares are held by The Snow Trust UTA dated 9/10/19 for which the Reporting Person is a trustee.
Remarks:
/s/ Marie Reider, Attorney-in-Fact 06/24/2025
** 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.

FAQ

How many SNOW shares did Benoit Dageville sell on June 23, 2025?

Benoit Dageville sold a total of 870 shares of Class A Common Stock on June 23, 2025, split into two transactions of 588 shares and 282 shares, both at a price of $209.87 per share.

What positions does Benoit Dageville hold at Snowflake (SNOW)?

According to the Form 4 filing, Benoit Dageville serves as both a Director and an Officer (specifically President of Products) at Snowflake Inc.

How many SNOW shares does Benoit Dageville indirectly own through trusts?

Benoit Dageville indirectly owns a total of 4,691,555 shares through three trusts: 750,000 shares in The Thira GRAT No. 1, 750,000 shares in The Selene GRAT No. 1, and 3,191,555 shares in The Snow Trust UTA.

Was SNOW insider Benoit Dageville's stock sale on June 23, 2025 part of a planned transaction?

Yes, according to the filing's explanatory notes, the sales were executed pursuant to a Rule 10b5-1 trading plan that was adopted by Dageville on March 29, 2024.

How many SNOW shares were withheld for tax purposes from Dageville's RSU vesting?

A total of 888 shares were withheld for tax withholding obligations on June 20, 2025, consisting of two transactions: 600 shares and 288 shares, both at a price of $212.08 per share.
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