Snowflake (SNOW) founder reports 25,000-share option exercise, sale and 7,500-share gift

Rhea-AI Filing Summary

Snowflake Inc. founder, chief architect and director reported several stock transactions in the company’s shares. On 11/28/2025, he exercised a stock option to buy 25,000 shares of common stock at $13.48 per share, then sold 25,000 shares at $249.65 per share. He also made a gift of 7,500 shares to a trust.

After these moves, he directly owned 50,519 shares of Snowflake common stock and held additional shares indirectly through several trusts, including 3,051,555 shares in one trust and 750,000 shares in each of two other trusts. A stock option covering 167,927 shares remained beneficially owned and is fully vested. The filing notes that the gift, exercise, and sale were carried out under a Rule 10b5-1 trading plan adopted on March 28, 2025.

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)
11/28/2025

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	11/28/2025		M(1)		25,000	A	$13.48	75,519(2)	D
Common Stock	11/28/2025		S(1)		25,000	D	$249.65	50,519(2)	D
Common Stock	11/28/2025		G(1)		7,500	D	$0	3,051,555	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	11/28/2025		M(1)			25,000	(6)	12/10/2029	Common Stock	25,000	$0	167,927	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	12/01/2025
	** 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

What insider transaction did Snowflake Inc. (SNOW) disclose in this Form 4?

The filing reports that a Snowflake Inc. founder, chief architect and director exercised a stock option for 25,000 shares, sold 25,000 shares of common stock, and gifted 7,500 shares to a trust, all on 11/28/2025.

At what prices were the Snowflake (SNOW) shares bought and sold in the reported transactions?

The insider exercised a stock option to buy 25,000 shares at an exercise price of $13.48 per share and sold 25,000 shares of Snowflake common stock at a sale price of $249.65 per share.

How many Snowflake (SNOW) shares does the reporting person own after these transactions?

Following the transactions, the reporting person directly owned 50,519 shares of Snowflake common stock and indirectly held additional shares through trusts, including 3,051,555 shares in one trust and 750,000 shares in each of two other trusts.

Were the Snowflake (SNOW) insider trades made under a Rule 10b5-1 plan?

Yes. The filing states that the gift, option exercise, and sale were effected under a Rule 10b5-1 trading plan adopted by the reporting person on March 28, 2025.

What derivative securities related to Snowflake (SNOW) does the insider still hold?

The insider reported a fully vested stock option with an exercise price of $13.48 per share, covering 167,927 shares of Snowflake common stock beneficially owned after the reported transactions.

How are trusts involved in the Snowflake (SNOW) insider’s holdings?

The filing explains that 3,051,555 shares are held by The Snow Trust, and two separate GRATs each hold 750,000 shares. The reporting person or spouse serves as trustee, and one GRAT’s shares are disclaimed as beneficially owned by the reporting person.