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SEC EDGAROCT 81 min read$SNOW

Dageville Benoit sold $16.7M of SNOW (indirect holdings)

Dageville Benoit sold 50,000 indirectly-held shares of Snowflake Inc. (SNOW) at $333.42 ($16.67M total) on 2026-10-07 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Dageville Benoit
Published Oct 8, 2026, 10:13 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 8, 2026, 10:16 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
medium 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 disclosed sale provides a data point for assessing insider sentiment but is unlikely to trigger a sizable price move.

02

Market read

A routine insider sale with modest dollar value; limited trading relevance.

03

What to watch

The 10b5‑1 plan indicates pre‑planned execution, reducing the informational content of the sale.

Relevance 6/10Novelty 4/10Timing: after-hours filing

Background

SEC Form 4 filings disclose insider transactions; a director’s sale is publicly reported and often monitored by investors.

Company-level read

Ticker impact

$SNOWNeutralMedium confidence
Context

Director Benoit sold 50,000 Snowflake shares for $16.7M via a 10b5‑1 plan, reducing his stake to 2.38M shares.

Expected impact

likely slight downward pressure as the market prices the insider sell.

Evidence & confidence

A $16.7M sale by a director is material but not large enough to drive a significant move; investors may view it as a routine liquidity event.

Market effects

Sector

Minimal impact on the cloud‑software sector; other peers unlikely to be affected.

Regional

No regional effect; the filing is company‑specific.

Global

Low relevance to global markets.

Counterpoint

What could challenge this read

The sale could be a strategic rebalancing rather than a lack of confidence, so the stock may hold steady.

Key entities

  • company
    Snowflake Inc.

    Cloud data‑warehousing provider listed on NYSE under ticker SNOW.

  • person
    Benoit Dageville

    Director of Snowflake who executed the 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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