Snowflake Inc.: director Benoit Dageville sold 50,000 shares

What happened Benoit Dageville, a director, sold 50,000 shares in an open market or private sale at $333.42 per share on Oct 7, 2026, for total proceeds of $16,671,000, and effected a gift of 16,668 shares at $0.00. The filing states the sale and gift were effected pursuant to a 10b5-1 trading plan adopted Apr 3, 2026 (see footnote F1).

Key details

• Transaction date(s) and price(s): Oct 7, 2026 — sale of 50,000 shares at $333.42; gift of 16,668 shares at $0.00. Sale proceeds reported as $16,671,000.
• Shares owned after the transaction: not specified in the provided Form 4 excerpt.
• Relevant footnotes from the filing:
  • F1: sale and gift were effected pursuant to a 10b5-1 trading plan adopted Apr 3, 2026.
  • F2: some shares are held by The Snow Trust UTA dated Sep 10, 2019 for which the reporting person is trustee.
  • F3: includes shares to be issued in connection with the vesting of 1 or more restricted stock units.
  • F4–F7: certain shares are held by Selene and Thira GRATs dated Mar 13, 2025; the filing notes trustee relationships and that the reporting person disclaims beneficial ownership of shares held in trusts where applicable.
• Filing date and timeliness: Form 4 filed Oct 8, 2026; the filing does not indicate it was late.

Why it may matter

• The gift is not a market trade.
• The filing says the sale and gift were made under a 10b5-1 trading plan adopted Apr 3, 2026.
  A filing does not show why the insider traded or why the company acted.