SNOW Form 144: Proposed sale of 5,000 founders' shares ($1.25M)

Rhea-AI Filing Summary

Snowflake Inc. notice records a proposed sale of 5,000 common shares held as founders' shares, with an aggregate market value of $1,250,000.00. The shares were acquired on 12/15/2017 as Founders Shares and payment was recorded as compensation. The broker listed is Fidelity Brokerage Services LLC and the approximate sale date is 10/08/2025 on the NYSE. The filer also reported multiple common stock sales by the same person in the past three months totaling $8,116,447.56 in gross proceeds across six transactions dated between 08/01/2025 and 10/01/2025. The notice includes the required representation that the seller is not aware of undisclosed material adverse information.

Positive

• Compliance filing completed under Rule 144 with broker details and acquisition history disclosed
• Seller attests to no undisclosed material adverse information, fulfilling required certification

Negative

• Recent sales concentration: prior three months' transactions generated $8,116,447.56 in gross proceeds, indicating ongoing disposals
• Potential short-term supply pressure around the approximate sale date 10/08/2025

Insights

Securities Compliance Analyst

TL;DR: Standard Rule 144 notice for a small founders' block with recent frequent sales reported.

The filing documents a proposed sale under Rule 144 of 5,000 common shares acquired as founders' shares on 12/15/2017

Rule 144 filings are procedural disclosures; the representation about no undisclosed material adverse information is mandatory. Recent reported sales totaling $8.12M in gross proceeds reflect active disposals by the same person and may affect short-term share supply.

Equity Capital Markets Analyst

TL;DR: The size of the proposed sale is immaterial to market capitalization but recent sales volume is notable for share float pressure.

At 5,000 shares and $1.25M market value, this single planned sale is small relative to a large-cap issuer. However, six prior sales in the last three months produced $8,116,447.56, indicating repeated monetization by the holder.

Monitor trading around the listed execution date 10/08/2025 for short-term volume effects; absent additional sizable blocks, the transaction is unlikely to be material to valuation.

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
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	5000	1250000.00	338800000	10/08/2025	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 *
Common	12/15/2017	Founders Shares	Issuer			5000	12/15/2017	Compensation

* 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
Christian Kleinerman 106 East Babcock Street Suite 3A Bozeman MT 59715	Common	08/01/2025	10000	2160000.00
Christian Kleinerman 106 East Babcock Street Suite 3A Bozeman MT 59715	Common	09/02/2025	10000	2335000.00
Christian Kleinerman 106 East Babcock Street Suite 3A Bozeman MT 59715	Common	09/09/2025	548	122675.28
Christian Kleinerman 106 East Babcock Street Suite 3A Bozeman MT 59715	Common	09/16/2025	2975	658189.00
Christian Kleinerman 106 East Babcock Street Suite 3A Bozeman MT 59715	Common	09/23/2025	2611	601783.28
Christian Kleinerman 106 East Babcock Street Suite 3A Bozeman MT 59715	Common	10/01/2025	10000	2238800.00

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

What does Snowflake's (SNOW) Form 144 report disclose?

It discloses a proposed sale of 5,000 common shares valued at $1,250,000.00, acquired as founders' shares on 12/15/2017, with an approximate sale date of 10/08/2025.

Who is the broker handling the proposed sale in the SNOW Form 144?

The broker listed is Fidelity Brokerage Services LLC located at 900 Salem Street, Smithfield, RI, for execution on the NYSE.

Has the filer sold SNOW shares recently?

Yes. The filer reported six sales between 08/01/2025 and 10/01/2025 totaling $8,116,447.56 in gross proceeds.

Are the shares being sold restricted or unrestricted?

The shares were acquired as Founders Shares on 12/15/2017; the filing lists the acquisition nature but does not state lock-up or restriction specifics beyond Rule 144 mechanics.

Does the Form 144 state any material undisclosed information about Snowflake?

No. The signer represents they do not know of any material adverse information about the issuer that is not publicly disclosed.