Snowflake Insider Dageville Files Form 4 on Ownership Change
| Field | Detail |
|---|---|
| Company | Dageville Benoit |
| Form Type | 4 |
| Filed Date | Mar 25, 2026 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-activity, form-4, ownership-change, disclosure
TL;DR
**Snowflake insider Dageville reported a change in ownership, but the filing lacks transaction specifics.**
AI Summary
Benoit Dageville, a reporting person for Snowflake Inc., filed a Form 4 on March 24, 2026, indicating changes in his beneficial ownership of Snowflake securities as of March 20, 2026. This filing is a routine disclosure and does not detail specific transactions, but it signals that an insider's holdings have changed. For investors, this matters because insider activity can sometimes provide clues about a company's future prospects, though without transaction details, its immediate impact is limited.
Why It Matters
This filing indicates a change in a key insider's stake in Snowflake, which can be a signal to investors about the company's internal sentiment, though the specific nature of the change is not detailed here.
Risk Assessment
Risk Level: low — This is a routine disclosure filing that simply indicates a change in beneficial ownership without providing transaction details, thus posing minimal immediate risk.
Analyst Insight
A smart investor would note this routine insider filing but await further detailed Form 4s or other disclosures to understand the specific transactions and their potential implications for Snowflake Inc. stock.
Key Players & Entities
- Dageville Benoit (person) — Reporting Person for Snowflake Inc.
- Snowflake Inc. (company) — Issuer of the securities
- 0001821737 (person) — CIK for Dageville Benoit
- 0001640147 (company) — CIK for Snowflake Inc.
FAQ
Who is Dageville Benoit in relation to Snowflake Inc.?
Dageville Benoit is identified as a 'Reporting' person for Snowflake Inc., meaning they are an insider required to disclose changes in beneficial ownership of the company's securities.
What type of filing is this document?
This document is a Form 4, which is a 'Statement of changes in beneficial ownership of securities' filed with the SEC.
When was this Form 4 filed and what is its period of report?
The Form 4 was filed on March 24, 2026, and accepted on the same day. The period of report for the changes in beneficial ownership is March 20, 2026.
What is the CIK number for Snowflake Inc.?
The CIK number for Snowflake Inc. (the Issuer) is 0001640147.
Does this filing provide details about the specific transactions (e.g., shares bought or sold, prices)?
No, this filing only indicates that there was a change in beneficial ownership by Dageville Benoit as of March 20, 2026. It does not provide specific details about the nature, quantity, or value of the transactions.
Filing Stats: 837 words · 3 min read · ~3 pages · Grade level 7.2 · Accepted 2026-03-24 20:07:57
Filing Documents
- wk-form4_1774397275.html (4)
- wk-form4_1774397275.xml (4) — 11KB
- 0001821737-26-000005.txt ( ) — 12KB
From the Filing
SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). X Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Dageville Benoit (Last) (First) (Middle) C/O SNOWFLAKE INC. 135 CONSTITUTION DRIVE (Street) MENLO PARK CALIFORNIA 94025 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol Snowflake Inc. [ SNOW ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) Founder and Chief Architect 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/20/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/20/2026 F (1) 598 D $ 175.4 52,664 (2) D Common Stock 03/20/2026 F (1) 287 D $ 175.4 52,377 (2) D Common Stock 03/20/2026 A (3) 14,239 A $ 0 66,616 (2) D Common Stock 03/23/2026 S (4) 874 D $ 170.01 65,742 (2) D Common Stock 750,000 I Trust (5) Common Stock 750,000 I Trust (6) Common Stock 3,001,555 I Trust (7) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: 1. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units. 2. Includes shares to be issued in connection with the vesting of one or more restricted stock units. 3. The shares represent restricted stock units, which will vest quarterly over four years with 6.25% vesting on June 15, 2026 and on each Quarterly Vest Date thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Vest Dates are each of March 15, June 15, September 15, and December 15. 4. The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 28, 2025. 5. The shares are held by The Selene GRAT No. 1 dated 3/13/2025 for which the Reporting Person is the trustee. 6. The shares are held by The Thira GRAT No. 1 dated 3/13/2025 for which the Reporting Person's spouse is the trustee. The Reporting Person has no right to or interest in these shares and disclaims beneficial ownership of these shares. 7. The shares are held by The Snow Trust UTA dated 9/10/19 for which the Reporting Person is a trustee. Remarks: /s/ Marie Reider, Attorney-in-Fact 03/24/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see