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

What happened

• The filing says Benoit Dageville, a director of Snowflake Inc., disposed of 16,668 shares by gift and sold 50,000 shares in an open-market sale on Oct 21, 2026. The sale price was $321.74 per share for proceeds of $16,087,000.

Key details

• Transaction date(s) and price(s): Oct 21, 2026 — gift of 16,668 shares at $0.00 (code G); Oct 21, 2026 — sale of 50,000 shares at $321.74 (code S) for $16,087,000.
• Shares owned after the transaction: The filing does not report shares owned after the transactions.
• Relevant footnotes: the filing says both the gift and sale were effected pursuant to a 10b5-1 trading plan adopted Apr 3, 2026 (F1). It also identifies shares held in several trusts (The Snow Trust UTA dated 9/10/19; Selene and Thira GRATs dated 3/13/2025) and notes that some shares include shares to be issued upon vesting of restricted stock units (F2–F7, F3).
• Filing date and timeliness: Form 4 was filed Oct 23, 2026; the filing does not indicate it was late.

Why it may matter

• The gift is not a market trade; it is reported as a disposition by gift.
• The filing says the transactions were made under a pre-established 10b5-1 trading plan adopted Apr 3, 2026.
• A filing does not show why the insider traded or why the company acted.