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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.

(Neutral)
(Neutral)
Form Type
144

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.

Positive

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Negative

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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
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.

How many Snowflake (SNOW) shares are covered by the planned Rule 144 sale?

The notice covers a planned sale of 2,986 shares of Snowflake common stock. These shares relate to restricted stock vesting on September 15, 2026, and are held at Fidelity Brokerage Services LLC for potential sale on the NYSE.

What is the reported market value of the Snowflake (SNOW) shares to be sold?

The Rule 144 notice lists an aggregate market value of $951,070.86 for the 2,986 Snowflake common shares covered. The filing also notes that there are 352,800,000 shares of this class outstanding.

What Snowflake (SNOW) share sales by Christian Kleinerman occurred in the past 3 months?

Recent sales include 2,986 shares on June 16, 2026 for $716,640.00, 20,000 shares on July 31, 2026 for $6,000,000.00, and 25,000 shares on August 7, 2026 for $8,125,000.00, among other listed transactions.

Which entities besides Christian Kleinerman sold Snowflake (SNOW) shares in the last 3 months?

The filing states that sales in the past three months include transactions from Kleinerman 2020 Dynasty LLC and Kleinerman 2020 Nonexempt LLC. Christian Kleinerman is described as an authorized individual and account stakeholder on both accounts.

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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