Snowflake officer plans $951K stock sale
Snowflake Inc. (SNOW) received a Rule 144 notice indicating that officer Christian Kleinerman plans to sell 2,986 shares of common stock after a restricted stock vesting on September 15, 2026, through Fidelity Brokerage Services LLC.
Rhea-AI Filing Summary
Snowflake Inc. (SNOW) received a Rule 144 notice indicating that officer Christian Kleinerman plans to sell 2,986 shares of common stock after a restricted stock vesting on September 15, 2026, through Fidelity Brokerage Services LLC. The notice also lists multiple sales of Snowflake common stock by Kleinerman and related LLCs over the prior three months.
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Key Figures
Shares to be sold under Rule 144: 2,986 shares
Market value of shares to be sold: $951,070.86
Shares outstanding of class: 352,800,000 shares
+5 more
8 metrics
Shares to be sold under Rule 144
2,986 shares
Planned sale of Snowflake common stock after restricted stock vesting on September 15, 2026
Market value of shares to be sold
$951,070.86
Aggregate market value for 2,986 Snowflake common shares covered by the notice
Shares outstanding of class
352,800,000 shares
Snowflake common shares outstanding for the class listed in the notice
Sale on June 16, 2026
2,986 shares; $716,640.00
Sale of Snowflake common stock by Christian Kleinerman
Sale on July 31, 2026 by Christian Kleinerman
20,000 shares; $6,000,000.00
Snowflake common stock sold from Christian Kleinerman’s account
Sale on August 7, 2026 by Christian Kleinerman
25,000 shares; $8,125,000.00
Snowflake common stock sale disclosed in past 3 months
Sale on July 31, 2026 by Kleinerman 2020 Nonexempt LLC
4,986 shares; $1,495,800.00
Snowflake common stock sold from related LLC account
Sale on September 3, 2026 by Kleinerman 2020 Dynasty LLC
10,000 shares; $3,800,000.00
Snowflake common stock sale by related LLC
Key Terms
Rule 144, restricted stock vesting, attorney-in-fact, authorized individual
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 | 09/15/2026 | 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.
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.
authorized individual financial
"Christian Kleinerman is an authorized individual and account stakeholder"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for Snowflake Inc. (SNOW)?
The filing discloses that Christian Kleinerman, an officer of Snowflake Inc., intends to sell 2,986 shares of Snowflake common stock under Rule 144 following restricted stock vesting on September 15, 2026, with brokerage handled by Fidelity Brokerage Services LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.