Snowflake Inc SEC Filings

Snowflake (NYSE: SNOW) filed a Form 4 showing that EVP, Product Management Christian Kleinerman sold 5,000 Class A shares on 06/25/2025 at $225, raising about $1.125 million. The sale was executed under a pre-arranged Rule 10b5-1 plan adopted 12/19/2024.

After the transaction, Kleinerman still beneficially owns roughly 839,403 shares (557,336 direct; 48,568 via an LLC; 233,499 across three GRATs). No derivative security activity was reported.

The disposal represents less than 1 % of his holdings—modest in percentage terms but material in dollar value—providing a limited signal on insider sentiment.

Snowflake (NYSE:SNOW) filed a Form 4 for director Jeremy Burton covering 06/24/2025 trades. Burton exercised 15,670 stock options at $21.79 and immediately sold 19,111 Class A shares at a weighted-average price of about $220.8, realizing roughly $4.2 million in gross proceeds.

His direct ownership fell from 19,657 to 3,987 shares (plus 20 held via family trust), a reduction of ~83%. The option was already fully vested; sales were executed in multiple lots within the stated range. No purchases were disclosed. Such sizable insider disposals—especially when they markedly shrink the insider’s stake—can influence investor sentiment.

Snowflake (NYSE:SNOW) filed a routine Form 4 showing Chief Accounting Officer Emily Ho sold 1,544 Class A shares on 06/24/2025 at $220.98 each, trimming her stake to 35,100 shares. The transaction is valued at roughly $341 k, about 4 % of her prior holdings, below thresholds typically viewed as material. No derivative activity or Rule 10b5-1 plan was disclosed.

Frank Slootman, Director of Snowflake (SNOW), reported multiple transactions and holdings in a Form 4 filing dated June 28, 2025. The key transaction involved a disposition of 5,211 shares of Class A Common Stock on June 23, 2025, through a gift transaction (Code G) at $0.

Following the transaction, Slootman's beneficial ownership includes:

• 165,507 shares held directly, including restricted stock units
• 873,190 shares held indirectly through various entities: - 6,384 shares via Invisible Hand Ventures LLC - 83,014 shares via Slootman Family Foundation - 335,146 shares via Slootman Living Trust - 250,030 shares via 2023 GRAT - Multiple other trust holdings

The reported transaction appears to be part of a pro rata distribution from a fund where Invisible Hand Ventures LLC was a limited partner. Slootman maintains significant control through various trusts and entities, demonstrating complex estate planning arrangements.

Snowflake EVP of Product Management Christian Kleinerman reported multiple transactions in Class A Common Stock on June 20-23, 2025:

• Tax-related withholding of 2,663 shares (1,800 + 863) at $212.08 per share on June 20
• Sale of 2,610 shares (845 + 1,765) at $209.87 per share on June 23 under a 10b5-1 trading plan

Following these transactions, Kleinerman holds 557,336 shares directly and 287,067 shares indirectly through various trusts and entities, including:

• Three Grantor Retained Annuity Trusts (GRATs) holding 233,499 shares total
• Kleinerman 2020 Dynasty LLC holding 53,568 shares for family beneficiaries

The sales were executed according to a pre-planned 10b5-1 trading plan established on December 19, 2024, demonstrating structured portfolio management rather than reactive trading.

Snowflake (SNOW) President of Products and Director Benoit Dageville reported multiple transactions in Class A Common Stock on June 20-23, 2025:

• June 20: Disposed of 888 shares (600 + 288) at $212.08 per share through tax withholding on RSU vesting
• June 23: Sold 870 shares (588 + 282) at $209.87 per share via a 10b5-1 trading plan

Following these transactions, Dageville holds 58,325 shares directly and maintains indirect ownership through three trusts:

• 750,000 shares in Thira GRAT No. 1 (spouse as trustee)
• 750,000 shares in Selene GRAT No. 1 (self as trustee)
• 3,191,555 shares in The Snow Trust (self as trustee)

Total indirect beneficial ownership stands at 4,691,555 shares through trust arrangements. The transactions were partially executed under a pre-established 10b5-1 trading plan from March 29, 2024.

Emily Ho, Chief Accounting Officer of Snowflake (SNOW), reported two tax-related dispositions of Class A Common Stock on June 20, 2025:

• Disposed of 270 shares at $212.08 per share
• Disposed of 673 shares at $212.08 per share

Both transactions were Form F dispositions, representing shares withheld for tax withholding obligations related to the vesting of restricted stock units (RSUs). Following these transactions, Ho beneficially owns 36,644 shares directly, which includes shares to be issued from future RSU vestings. The transactions were reported via Form 4 filed on June 24, 2025, within the required reporting timeline.