Snowflake (SNOW) Director Benoit Dageville Sells 50,000 Shares
$SNOW · Snowflake Inc.Research Summary
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Snowflake (SNOW) Director Benoit Dageville Sells 50,000 Shares
What Happened
Benoit Dageville, a director of Snowflake (SNOW), sold 50,000 shares in an open-market or private sale on August 26, 2026 at $309.44 per share, totaling $15,472,000. On the same date he also reported a gift of 16,668 shares (reported at $0). The sale was executed under a pre-established 10b5‑1 trading plan.
Key Details
- Transaction date: August 26, 2026; Form 4 filed August 28, 2026 (timely filing).
- Sale: 50,000 shares at $309.44 each = $15,472,000.
- Gift: 16,668 shares reported as a gift (value shown $0).
- Reported plan: Transactions effected pursuant to a 10b5‑1 trading plan adopted April 3, 2026 (F1).
- Holdings/structures noted: shares are held in various trusts for which Dageville or his spouse serve as trustee; some trusts are disclaimed for beneficial ownership (F2, F4–F7). F3 notes some figures include shares to be issued upon RSU vesting.
- Shares owned after the transactions: not specified in the provided excerpt — see the Form 4 for the post-transaction beneficial ownership total.
Context
A sale under a 10b5‑1 plan generally indicates the trade was pre-scheduled and not a contemporaneous expression of sentiment; gifts likewise do not necessarily indicate a view on the stock. No option exercises or cashless transactions were reported in this filing. For full ownership detail and any additional notes, consult the complete Form 4 (Accession 0001821737-26-000012).