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[Form 4] Snowflake Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
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.

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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)
10/30/2025
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 10/30/2025 M(1) 25,000 A $13.48 75,519(2) D
Common Stock 10/30/2025 S(1) 25,000 D $265 50,519(2) D
Common Stock 10/30/2025 G(1) 7,500 D $0 3,066,555 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 10/30/2025 M(1) 25,000 (6) 12/10/2029 Common Stock 25,000 $0 217,927 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 10/31/2025
** 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 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.
Snowflake Inc

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91.88B
327.89M
4.1%
71.12%
3.81%
Software - Application
Services-prepackaged Software
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United States
BOZEMAN