Snowflake Director Benoit Dageville Disposes of $16.09 Million in Common Shares Through Trust

Snowflake director Benoit Dageville sold 50,000 common shares through a trust at $321.74 each on October 21, 2026, and disposed of 16,668 common shares at $0 each that day, according to a filing reported by The future of trading. The October 23, 2026 filing reported 2,301,543 common shares remaining in the trust.

Dageville's Trust Sold 50,000 Shares at $321.74

The filing covers two transactions in the same trust on October 21, 2026. Dageville sold 50,000 common shares at $321.74 each, and separately disposed of 16,668 common shares at $0 each. The $0 price on the second block is the figure the filing gives, and the report does not state a reason for it.

Dageville is Snowflake's President of Products and a co-founder, according to akta.pro company records. Snowflake operates the AI Data Cloud, a consumption-based, multi-cloud data platform serving 10,500+ enterprise customers across healthcare, financial services, retail, and technology, with data warehousing, analytics, transactional workloads and agentic AI delivered through Cortex AI, CoCo and CoWork on AWS, Azure and GCP.

Snowflake's Scale Behind the Filing

Snowflake reported record first-quarter results with 33% revenue growth, on product revenue of $1.33 billion, up 34% year over year, and raised full-year guidance by $180 million to $5.84 billion, implying 31% growth, the same records show. The company has an infrastructure commitment to AWS of $6 billion over five years for Graviton compute and AI infrastructure. Its funding history includes a $3.8 billion post-IPO debt round in September 2026 and a $376.1 million post-IPO equity round in February 2026.

Snowflake's October Product Rollouts

Snowflake put Horizon Context, a governed context layer in Horizon Catalog, into public preview on October 20, 2026, with metadata connectors for 18 sources, steward-only description edits and automatic propagation of descriptions to downstream columns, WebProNews reported. Snowflake launched the AIM application in public preview on October 20, a standalone desktop tool for data migration, the company said. NVIDIA announced Kumo, an open-source package for training graph neural networks on Snowflake ML, enabling predictive models on relational data without moving data, Snowflake said.

What Comes Next for Snowflake

Snowflake introduced Decision Fast on October 19, 2026, a low-latency variant of its Decision models for real-time classification, scoring and routing, with decisions completing in under 300 ms, the company said. The October 23, 2026 filing is the record of the trust's holdings after the October 21 transactions.