Summary by Futu AI
Christopher Degnan, Chief Revenue Officer of Snowflake, completed a series of stock transactions on 11/21/2024. He acquired 76,692 shares of Class A Common Stock through the exercise of derivative securities at prices ranging from $3.74 to $13.48. Subsequently, he disposed of 99,702 shares in open market sales at prices between $162.412 and $174.075, totaling approximately $12.9 million.The transactions resulted in a net decrease in his direct holdings, with 323,731 shares remaining. Additionally, Degnan holds 460,152 shares indirectly through trusts. The transactions were completed as of 11/22/2024, including a bona fide gift of 23,010 shares. These actions reflect strategic financial management by the executive.