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SEC EDGARAUG 142 min read$SNOW

Dageville Benoit sold $16.8M of SNOW (indirect holdings)

Dageville Benoit sold 50,000 indirectly-held shares of Snowflake Inc. (SNOW) at $335.70 ($16.78M total) on 2026-08-12 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Dageville Benoit
Published Aug 14, 2026, 11:01 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 14, 2026, 11:03 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
$SNOW
Neutral
high confidence
Mentioned
$SNOW
Relevance
6/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$SNOWNeutralLow
01

Why it matters

The newest fact is the disclosed sale size, price ($335.70/share), and that it was executed under a pre-arranged 10b5-1 plan.

02

Market read

Traders may note the sale for sentiment, but it is unlikely to drive a fundamental repricing without accompanying company-specific news.

03

What to watch

The filing specifies an indirect holding and a pre-arranged 10b5-1 plan, which often dampens interpretability versus non-10b5-1 sales.

Relevance 6/10Novelty 4/10Timing: Filed 2026-08-14, transaction dated 2026-08-12.

Background

The article is an SEC Form 4 insider transaction disclosure for Snowflake director Dageville Benoit.

Company-level read

Ticker impact

$SNOWNeutralHigh confidence
Context

Snowflake director Dageville Benoit sold 50,000 shares in an open-market transaction for about $16.785M under a 10b5-1 plan.

Expected impact

Likely limited near-term impact; any effect is more about signaling than fundamentals.

Evidence & confidence

Form 4 insider sales, even at sizable dollar value, are often pre-planned under Rule 10b5-1 and do not by themselves change Snowflake’s operating outlook.

Market effects

Sector

Minimal; insider-sale mechanics do not typically reset sector expectations for enterprise software/SaaS.

Regional

None indicated.

Global

None indicated.

Counterpoint

What could challenge this read

A large 10b5-1 sale can still reflect the insider’s liquidity needs rather than bearish views, so the market may overreact if it treats it as discretionary selling.

Key entities

  • issuer
    Snowflake Inc.

    Subject of the Form 4 insider transaction disclosure.

  • insider
    Dageville Benoit

    Director who sold 50,000 shares via an open-market transaction under a 10b5-1 plan.

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

SNOW insider trading history →

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