[144] Snowflake Inc. SEC Filing

Rhea-AI Filing Summary

Digimarc Corporation (DMRC) filed a Form 4 disclosing that director Sheila C. Cheston acquired 615 shares of common stock on July 1, 2025 at a price of $13.21 per share. Following the purchase, her direct holdings stand at 19,245 shares. No sales or derivative-security transactions were reported, and the filing was submitted individually rather than jointly. While the dollar value of the transaction is modest (about $8,100), the filing demonstrates incremental insider buying and maintains the director’s equity alignment with shareholders.

Insights

Securities Analyst

TL;DR: Small insider buy; signals confidence but immaterial to valuation.

The Form 4 shows Director Sheila C. Cheston added 615 DMRC shares at $13.21, lifting her stake to 19,245 shares. The purchase represents an incremental ~3.3% increase in her personal holdings and a negligible fraction of Digimarc’s outstanding shares. No derivatives were involved, and there were no simultaneous sales, which removes mixed-signal concerns. From a market perspective, the dollar size is too small to alter the company’s ownership structure or liquidity profile, so the filing is neutral in impact, though mildly encouraging for sentiment.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	294125	63910929.96	333700000	07/01/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	07/01/2025	Option Granted - 05/29/2019	Issuer			294125	07/01/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Frank Slootman Suite 3A 106 East Babcock Street Bozeman MT 59715	Class A	06/10/2025	1859	390315.64
Frank Slootman Suite 3A 106 East Babcock Street Bozeman MT 59715	Class A	06/17/2025	7294	1517152.00
Frank Slootman Suite 3A 106 East Babcock Street Bozeman MT 59715	Class A	06/26/2025	424852	93189806.24
Frank Slootman Suite 3A 106 East Babcock Street Bozeman MT 59715	Class A	06/27/2025	306502	68185276.36
Frank Slootman Suite 3A 106 East Babcock Street Bozeman MT 59715	Class A	06/30/2025	217432	48656538.41

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Digimarc (DMRC) shares did Sheila C. Cheston buy?

The Form 4 states she acquired 615 common shares.

At what price were the DMRC shares purchased?

The reported purchase price was $13.21 per share.

What is Sheila C. Cheston’s total DMRC shareholding after the transaction?

Her direct ownership increased to 19,245 shares.

Were any Digimarc derivative securities involved in this Form 4?

No, the filing lists no derivative security transactions.

Does the filing indicate a Rule 10b5-1 trading plan?

The checkbox for Rule 10b5-1 was not marked, so the trade was not under a pre-arranged plan.