Summary by Moomoo AI
Snowflake Inc. officer Christopher William Degnan is set to sell 5,635 Class A shares of the company, with an aggregate market value of approximately $1.13 million, on January 22, 2024. These shares were originally acquired on the same date through an option granted on September 19, 2018, from the issuer, and will be paid for in cash. This transaction follows a recent history of sales by Degnan over the past three months, totaling 119,839 shares for gross proceeds of around $24.03 million.