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  4. [144] Snowflake Inc. SEC Filing

Snowflake exec to sell $4.9M in company stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Snowflake Inc. (SNOW) received a Rule 144 notice covering proposed sales of up to 15,000 shares of common stock for the account of officer Christian Kleinerman through Fidelity Brokerage Services LLC. The notice cites an aggregate market value of $4,883,550.00 and references 346,600,000 shares outstanding as context. The shares to be sold were acquired as founders shares/compensation in 2017. The filing also lists multiple common stock sales by Kleinerman and related LLCs over the prior three months.

Positive

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Shares to be sold under Rule 144 15,000 shares of common stock Proposed sale for account of Christian Kleinerman
Aggregate market value of shares to be sold $4,883,550.00 Value associated with 15,000 shares in the securities information section
Shares outstanding 346,600,000 shares Common stock outstanding listed as context in the Form 144
Acquisition date of founders shares 12/15/2017 Date founders shares were acquired from issuer as compensation
Recent sale on 06/01/2026 10,000 shares for $2,720,000.00 Sale of common stock by Christian Kleinerman during past 3 months
Recent sale on 08/07/2026 by Christian Kleinerman 25,000 shares for $8,125,000.00 Common stock sale during past 3 months
Recent sale on 07/31/2026 by Kleinerman 2020 Nonexempt LLC 4,986 shares for $1,495,800.00 Common stock sale by related LLC
Date of Notice 09/01/2026 Date the Form 144 notice is dated
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.
Founders Shares financial
"Common | 12/15/2017 | Founders Shares | Issuer"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.
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.
aggregate market value financial
"Common | Fidelity Brokerage Services LLC ... | 15000 | 4883550.00"
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.

FAQ

What does this Form 144 filing mean for Snowflake Inc. (SNOW)?
It is a notice that officer Christian Kleinerman intends to sell up to 15,000 shares of Snowflake common stock under Rule 144, with an indicated aggregate market value of $4,883,550.00, using Fidelity Brokerage Services LLC as broker.

How many SNOW shares are covered by this Rule 144 notice?
The notice covers up to 15,000 shares of Snowflake Inc. common stock. These shares are described as Founders Shares acquired from the issuer on 12/15/2017 as Compensation.

What share count context is disclosed for Snowflake Inc. (SNOW)?
The Form 144 lists 346,600,000 shares of Snowflake common stock as the outstanding amount for context. This figure provides a baseline relative to the 15,000 shares covered by the proposed sale notice.

What recent Snowflake (SNOW) stock sales by Christian Kleinerman are disclosed?
The filing lists multiple sales of Snowflake common stock in the past three months, including 10,000 shares on 06/01/2026 for $2,720,000.00 and 25,000 shares on 08/07/2026 for $8,125,000.00, plus additional sales by Kleinerman-related LLCs.

Which entities besides Christian Kleinerman appear in the SNOW Form 144?
The notice includes sales from Kleinerman 2020 Dynasty LLC and Kleinerman 2020 Nonexempt LLC. The remarks state that Christian Kleinerman is an authorized individual and account stakeholder on both accounts.

Who is the broker for the planned Snowflake (SNOW) share sale?
The proposed sale of up to 15,000 shares of Snowflake common stock is listed through Fidelity Brokerage Services LLC. The Form 144 is signed by Jennifer Ruchti as a duly authorized representative of Fidelity, acting as attorney-in-fact for Christian Kleinerman.

When was the Form 144 notice for Snowflake (SNOW) dated and what is the listed date related to the sale entry?
The Date of Notice is given as 09/01/2026. In the securities information section, a date of 09/01/2026 is also listed alongside the 15,000 shares of common stock and their $4,883,550.00 market value.

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

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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

Source: View Original Filing on SEC EDGAR