SNOW insider reports 10b5-1 sale and 7,500-share gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snowflake Inc. (SNOW) insider filed a Form 4 reporting multiple transactions on 10/30/2025. The reporting person exercised 25,000 stock options at $13.48, then sold 25,000 common shares at $265, and gifted 7,500 shares. These actions were effected under a Rule 10b5‑1 trading plan adopted on March 28, 2025.
Following the transactions, direct beneficial ownership stood at 50,519 shares. Indirect holdings are listed as 3,066,555 shares (Trust (3)), 750,000 shares (Trust (4)), and 750,000 shares (Trust (5)). The filer is a Director and Officer (Founder and Chief Architect). Derivative securities beneficially owned after the exercise totaled 217,927.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,000 shares ($6,625,000)
Net Sell
6 txns
Insider
Dageville Benoit
Role
Founder and Chief Architect
Sold
25,000 shs ($6.63M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 25,000 | $0.00 | -- |
| Exercise | Common Stock | 25,000 | $13.48 | $337K |
| Sale | Common Stock | 25,000 | $265.00 | $6.63M |
| Gift | Common Stock | 7,500 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 217,927 shares (Direct);
Common Stock — 75,519 shares (Direct);
Common Stock — 3,066,555 shares (Indirect, Trust)
Footnotes (1)
- The gift, exercise, and sale were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 28, 2025. Includes shares to be issued in connection with the vesting of one or more restricted stock units. The shares are held by The Snow Trust UTA dated 9/10/19 for which the Reporting Person is a trustee. 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. The shares are held by The Selene GRAT No. 1 dated 3/13/2025 for which the Reporting Person is the trustee. The stock option is fully vested.
FAQ
What did Snowflake (SNOW) insider report on the Form 4?
On 10/30/2025, an option exercise of 25,000 shares at $13.48, a sale of 25,000 shares at $265, and a gift of 7,500 shares.
Was the SNOW transaction under a Rule 10b5-1 plan?
Yes. The gift, exercise, and sale were effected under a 10b5‑1 plan adopted on March 28, 2025.
What are the insider’s direct holdings after the transactions?
Direct beneficial ownership is listed as 50,519 shares after the reported transactions.
What indirect holdings were disclosed for the SNOW insider?
Indirect holdings include 3,066,555 shares (Trust (3)), 750,000 shares (Trust (4)), and 750,000 shares (Trust (5)).
How many derivative securities remain after the option exercise?
Derivative securities beneficially owned following the transactions are 217,927.
What roles does the reporting person hold at Snowflake (SNOW)?
The filer is a Director and an Officer, serving as Founder and Chief Architect.