Form 4: Snowflake Director Sells Shares
Insider Transaction (Form 4)
Benoit Dageville, a Director of Snowflake Inc., sold 50,000 shares of common stock on September 8, 2026 for $335.72 per share.
Summary
- Tax/exercise-price withholding: disposed of 555 Common Stock at $337.18 ($187,135) on September 8, 2026; holds 180,403 after (Direct).
- Tax/exercise-price withholding: disposed of 232 Common Stock at $337.18 ($78,226) on September 8, 2026; holds 180,171 after (Direct).
- Open-market sale: disposed of 50,000 Common Stock at $335.72 ($16,786,000) on September 9, 2026; holds 2,618,215 after (Indirect).
- Bona fide gift: disposed of 16,668 Common Stock on September 9, 2026; holds 2,601,547 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $16,786,000 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Benoit Dageville — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-08 | Tax/exercise-price withholding | Common Stock | 555 | $337 | $187.1K | 180,403 |
| 2026-09-08 | Tax/exercise-price withholding | Common Stock | 232 | $337 | $78.2K | 180,171 |
| 2026-09-09 | Open-market sale | Common Stock | 50,000 | $336 | $16.8M | 2,618,215 |
| 2026-09-09 | Bona fide gift | Common Stock | 16,668 | — | — | 2,601,547 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-08 | Tax/exercise-price withholding (555 shares) |
| 2026-09-08 | Tax/exercise-price withholding (232 shares) |
| 2026-09-09 | Open-market sale (50,000 shares) |
| 2026-09-09 | Bona fide gift (16,668 shares) |
Keywords
insider transaction, Form 4, SNOW, Snowflake Inc., bearish, Benoit Dageville
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