Snowflake Inc SEC Filings

Benoit Dageville, Snowflake Inc. director and President of Products, reported transactions on 08/28/2025 and 08/29/2025 under a 10b5-1 plan. He exercised 6,250 stock options at an exercise price of $13.48 and immediately sold 6,250 shares at $220.11, while gifting 3,750 shares on 08/29/2025. The filing shows 342,927 stock options remain registered as derivative holdings (fully vested) and indicates indirect ownership interests totaling 3,154,055 shares via trusts plus two separate trust holdings of 750,000 shares each. Transactions were executed pursuant to a 10b5-1 plan adopted March 28, 2025.

Frank Slootman, a Snowflake Inc. director, executed stock option exercises and multiple open-market sales under a 10b5-1 plan on 08/28/2025. He exercised 710,083 stock options with an $8.88 exercise price, resulting in 710,083 shares from the option exercise. On the same date he sold multiple blocks of common stock in separate transactions at weighted-average prices reported across several price ranges (examples shown from $225.00 up to $236.71 depending on the block). The Form 4 discloses direct and indirect holdings across entities and trusts, including shares held directly and by Invisible Hand Ventures LLC, the Slootman Family Foundation, and several trusts. The reported transactions were effected pursuant to a 10b5-1 trading plan adopted March 26, 2025.

Rule 144 notice for Snowflake Inc. (SNOW): This filing reports proposed and recent sales of Class A common stock by Frank Slootman. The notice states a proposed sale of 710,083 Class A shares through Fidelity Brokerage Services with an aggregate market value of $163,650,852.80 and an approximate sale date of 08/28/2025. The filing also lists multiple completed sales by the same seller over the past three months totaling 2,299,070 shares for aggregate gross proceeds of approximately $508,972,808.56. The shares reported as acquired under an option granted on 05/29/2019 and exercised/settled on 08/28/2025, with payment in cash. The filer certifies compliance with Rule 144 representations.

Form 144 for Snowflake Inc. (SNOW) shows a proposed sale of 6,250 Class A shares through Fidelity Brokerage Services with an aggregate market value of $1,375,687.50 and an approximate sale date of 08/28/2025 on the NYSE. The filing states these shares were acquired via options granted on 12/11/2019 and the indicated method of payment is cash. The filer, identified in prior transactions as Benoit Dageville, also reported multiple Class A share sales during June–August 2025, including several large blocks of 25,000 shares on 06/30/2025, 07/10/2025, 07/24/2025 and 08/07/2025, with gross proceeds reported for each sale. The form includes the filer’s representation regarding absence of undisclosed material adverse information and a signature attestation.

Snowflake, Inc. (SNOW) issued a press release announcing its financial results for the fiscal quarter ended July 31, 2025, and the release is attached to this Form 8-K as Exhibit 99.1. The filing states the exhibit is incorporated by reference into Items 2.02 and 9.01 but clarifies that the information is not "filed" for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings unless explicitly specified. The Form 8-K itself does not disclose any revenue, earnings, guidance, or other numeric financial data—those details are contained in the attached press release.

Insider transactions by Snowflake director and President of Products Benoit Dageville: the filer used a 10b5-1 trading plan adopted March 28, 2025 to effect multiple transactions on 08/21/2025. The form shows an option exercise for 18,750 shares at a $13.48 exercise price, resulting in 18,750 underlying shares issued. The filer reported two disposals: a sale of 18,750 shares at $192.81 and a gift/disposition of 5,625 shares (code G) at $0. After the transactions, the reporting person beneficially owns 3,157,805 shares indirectly (held in The Snow Trust) and directly owns 77,075 shares including restricted stock units to vest; two GRAT trusts hold 750,000 shares each with one disclaimed. The stock option is fully vested and expires 12/10/2029.

Form 144 filed for Snowflake Inc. (SNOW): The notice reports a proposed sale of 18,750 Class A shares to be sold through Fidelity Brokerage Services LLC on 08/21/2025 with an aggregate market value of $3,615,187.50. The shares were acquired as options granted on 12/11/2019 and the filing shows cash as the payment method. The filer is identified by name in past sales entries as Benoit Dageville, who executed multiple Class A sales between 06/10/2025 and 08/07/2025 totaling 79,244 shares with gross proceeds shown for each transaction. The filing includes a compliance representation regarding material nonpublic information and trading plans but does not provide the filers relationship to the issuer in the visible fields.

Dageville Benoit, Snowflake Inc.'s President of Products and a director, reported multiple transactions dated 08/07/2025. The report shows an exercise of 25,000 stock options with a conversion/exercise price of $13.48, a sale of 25,000 common shares at $215.00 per share, and a gift of 5,625 shares. The filing states these actions were effected pursuant to a 10b5-1 trading plan adopted March 28, 2025. Following the report, direct and indirect holdings disclosed include reported direct positions of 83,325 and 58,325 shares in different entries and derivative holdings of 367,927 options/underlying shares. The filing also discloses shares held in trusts, including The Snow Trust UTA and two GRATs (one of which the reporting person disclaims beneficial ownership of).

This Form 144 filing for Snowflake Inc. (SNOW) reports a planned sale of 25,000 Class A shares on 08/07/2025 through Fidelity Brokerage Services LLC. The filing assigns an aggregate market value of $5.375 million to the transaction, compared with 333.7 million shares outstanding, indicating a de-minimis stake size.

The seller, Benoit Dageville (relationship to issuer not specified), has already disposed of 122,080 shares in the preceding three months across eight transactions, producing gross proceeds of about $24.95 million. The shares now offered were acquired via an option granted 12/11/2019 and will be paid for in cash. The notice affirms the seller is unaware of undisclosed adverse information. No operational, earnings or guidance data accompany the filing.