Snowflake officer plans $916K stock sale
Officer Christian Kleinerman has filed a Rule 144 notice to sell 2,730 SNOW shares, following several prior sales in recent months.
Rhea-AI Filing Summary
Snowflake Inc. (SNOW) received a notice under Rule 144 for a proposed sale of 2,730 shares of common stock for the account of officer Christian Kleinerman, to be executed through Fidelity Brokerage Services LLC. The notice also lists multiple prior sales over the past three months by Kleinerman and related LLC accounts.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold under Rule 144: 2,730 shares
Aggregate market value of planned sale: $916,515.60
Shares outstanding: 352,800,000 shares
+3 more
6 metrics
Shares to be sold under Rule 144
2,730 shares
Planned sale of Snowflake Inc. common stock for Christian Kleinerman
Aggregate market value of planned sale
$916,515.60
Value associated with the 2,730 shares covered by this notice
Shares outstanding
352,800,000 shares
Snowflake Inc. common stock outstanding used for Rule 144 reference
Largest single recent sale
25,000 shares for $8,125,000.00
Sale by Christian Kleinerman on August 7, 2026
Notable recent sale
20,000 shares for $6,000,000.00
Sale by Christian Kleinerman on July 31, 2026
Recent Dynasty LLC sale
10,000 shares for $3,800,000.00
Sale by Kleinerman 2020 Dynasty LLC on September 3, 2026
Key Terms
Rule 144, Restricted Stock Vesting, aggregate market value, attorney-in-fact
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 09/08/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
aggregate market value financial
"2730 | 916515.60 | 352800000 | 09/09/2026 | NYSE"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
attorney-in-fact regulatory
"as attorney-in-fact for Christian Kleinerman"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing for SNOW disclose?
It discloses a planned sale under Rule 144 of 2,730 shares of Snowflake Inc. common stock for the account of officer Christian Kleinerman through Fidelity Brokerage Services LLC, and lists prior sales in the last three months by him and related LLC accounts.
AI-generated analysis. How Rhea-AI works. Not financial advice.