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SEC EDGARSEP 241 min read$SNOW

Dageville Benoit sold $17.0M of SNOW (indirect holdings)

Dageville Benoit sold 50,000 indirectly-held shares of Snowflake Inc. (SNOW) at $339.08 ($16.95M total) on 2026-09-23 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Dageville Benoit
Published Sep 24, 2026, 9:57 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 24, 2026, 10:08 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
Bearish
medium confidence
Mentioned
$SNOW
Relevance
6/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$SNOWBearishLow
01

Why it matters

The disclosed sale adds a data point for assessing insider sentiment but is not a catalyst on its own.

02

Market read

Insider sell of $17M may cause short‑term price pressure; relevance primarily to Snowflake investors.

03

What to watch

The sale represents a small fraction of total float and may have negligible effect on price.

Relevance 6/10Novelty 7/10Timing: post‑market 2026‑09‑23

Background

Form 4 filing discloses insider transactions; investors monitor these for potential signals.

Company-level read

Ticker impact

$SNOWBearishMedium confidence
Context

Director Benoit Dageville sold 50,000 shares for $16.95M via a 10b5‑1 plan.

Expected impact

Possible modest downside pressure over the next few days.

Evidence & confidence

A $17M sale by a director is material but not unusual; market may react negatively but impact likely limited.

Market effects

Sector

May raise concerns for cloud‑software sector if multiple insiders sell.

Regional

Limited to U.S. tech equities.

Global

Low; impact confined to Snowflake and its peers.

Counterpoint

What could challenge this read

Insider sell could be routine 10b5‑1 execution, not a signal of weakness.

Key entities

  • Company
    Snowflake Inc.

    Cloud data‑warehousing provider.

  • Director
    Benoit Dageville

    Member of Snowflake's board executing a pre‑arranged 10b5‑1 sale.

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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