STOCK TITAN

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.

(Neutral)
(Neutral)
Form Type
144

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

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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
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.

How many Snowflake (SNOW) shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 2,730 shares of Snowflake Inc. common stock, with an indicated aggregate market value of $916,515.60 for this planned transaction.

Who is selling SNOW shares in this Form 144 and in what capacity?

The selling person is Christian Kleinerman, identified as an officer of Snowflake Inc. The remarks state that he is an authorized individual and account stakeholder for the Kleinerman 2020 Dynasty LLC and Kleinerman 2020 Nonexempt LLC accounts that also conducted recent sales.

Which broker is involved in the planned Snowflake (SNOW) share sale?

The planned sale of 2,730 SNOW shares is to be executed through Fidelity Brokerage Services LLC, listed with its address in Smithfield, Rhode Island, as the broker handling the transaction.

What recent Snowflake (SNOW) share sales by Christian Kleinerman are disclosed?

The filing lists multiple sales between June 9, 2026 and September 3, 2026, including trades such as 25,000 shares for $8,125,000.00 on August 7, 2026 and 20,000 shares for $6,000,000.00 on July 31, 2026.

How many Snowflake (SNOW) shares are stated as outstanding in the Form 144?

The securities information section states 352,800,000 shares of Snowflake Inc. common stock as outstanding, which is used in the Rule 144 calculation context and is separate from the 2,730 shares covered by the planned sale notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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