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Snowflake officer and director Benoit Dageville reported a sale of 50,000 Class A shares at $333.42 on Oct. 7, according to a Form 4 filing. The filing also showed a 16,668-share gift tied to a 10b5-1 plan.
Snowflake director Frank Slootman sells shares worth $9.77 million, potentially impacting investor sentiment. This sale may be seen as a bearish signal.