Summary by Futu AI
Benoit Dageville, President of Products at Snowflake, executed two stock transactions on 12/20/2024 and 12/23/2024. On 12/20, Dageville disposed of 283 shares of Class A Common Stock at $164.21 per share to cover tax liabilities. On 12/23, he sold an additional 286 shares in an open market transaction at $165.31 per share.The total disposed shares amounted to 569, with a combined market value of $93,750.09. The transactions reduced Dageville's direct ownership to 47,710 shares. Additionally, he indirectly owns 4,819,180 shares through a trust. The transactions are part of an ongoing process, indicating potential future disposals.These sales represent a small portion of Dageville's overall holdings in Snowflake, with the majority of his shares held indirectly. The transactions appear to be part of routine stock management by company executives, potentially for tax purposes and portfolio diversification.