Form 4 | Snowflake Inc. Director Benoit Dageville disposed of a total of 67,455 shares via trusts (sales and gifts).
Filings Track
09/11
Snowflake Inc. (SNOW) reported that Director Benoit Dageville executed several transactions in company common stock between September 8 and 9, 2026. On September 8, he disposed of 555 and 232 shares, respectively, under transaction code F to satisfy tax withholding obligations upon RSU vesting, which are largely technical and usually have limited market impact. On September 9, a trust for which he is trustee, under a Rule 10b5-1 trading plan, sold 50,000 shares at an average price of approximately $335.72 (code S) and made a non‑cash gift of 16,668 shares (code G), all through trust structures. In total, 67,455 shares were disposed of via sales and gifts. While part of the activity is tax- and plan-related, the sizable trust-level sale and distribution may be viewed as partial profit-taking or estate planning and could be a mildly bearish signal for the stock in the short term.