Snowflake exec plans $3.8M stock sale

Rhea-AI Filing Summary

Snowflake Inc. (SNOW) received a notice that officer Christian Kleinerman intends to sell 10,000 shares of Snowflake common stock through Fidelity Brokerage Services LLC under Rule 144, with an indicated aggregate market value of $3,800,000 as of September 3, 2026.

The 10,000 shares to be sold are identified as Founders Shares acquired from the issuer on December 15, 2017 as compensation. The notice also lists prior sales over the past three months by Kleinerman and related entities, including Kleinerman 2020 Dynasty LLC and Kleinerman 2020 Nonexempt LLC.

Key Figures

Planned shares to be sold: 10,000 shares Aggregate market value of planned sale: $3,800,000.00 Shares outstanding: 346,600,000 shares +3 more

6 metrics

Planned shares to be sold 10,000 shares Common stock to be sold under Rule 144 through Fidelity Brokerage Services LLC

Aggregate market value of planned sale $3,800,000.00 Indicated value for 10,000 shares as of September 3, 2026

Shares outstanding 346,600,000 shares Snowflake common stock reported as outstanding in the notice

Prior sale June 9, 2026 2,729 shares for $652,231.00 Common stock sold by Christian Kleinerman in the past three months

Prior sale July 31, 2026 20,000 shares for $6,000,000.00 Common stock sale by Christian Kleinerman reported in the three‑month history

Prior sale August 7, 2026 25,000 shares for $8,125,000.00 Common stock sale by Christian Kleinerman in the past three months

Key Terms

Rule 144, Founders Shares, Securities To Be Sold, attorney-in-fact

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.

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.

Securities To Be Sold regulatory

"144: Securities To Be Sold"

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Rule 144 notice for SNOW disclose about planned share sales?

The notice states that officer Christian Kleinerman plans to sell 10,000 shares of Snowflake common stock through Fidelity Brokerage Services LLC, with an indicated aggregate market value of about $3,800,000 as of September 3, 2026.

What type of Snowflake (SNOW) shares are being sold under this Rule 144 notice?

The 10,000 Snowflake shares are described as Founders Shares, acquired from the issuer on December 15, 2017 as compensation to Christian Kleinerman.

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

The planned sale of 10,000 Snowflake common shares is listed as being handled by Fidelity Brokerage Services LLC, with trading indicated on the NYSE under Rule 144.

How many Snowflake (SNOW) shares are outstanding according to the notice?

The notice reports that there are 346,600,000 shares of Snowflake common stock outstanding, providing context for the 10,000-share planned sale under Rule 144.

What Snowflake (SNOW) share sales by Christian Kleinerman occurred in the last three months?

The notice lists multiple sales, including 2,729 shares on June 9, 2026 for $652,231.00 and 25,000 shares on August 7, 2026 for $8,125,000.00, among other transactions by Christian Kleinerman and related LLCs.

What entities related to Christian Kleinerman sold Snowflake (SNOW) shares recently?

Recent sales include transactions by Kleinerman 2020 Dynasty LLC and Kleinerman 2020 Nonexempt LLC. The notice states that Christian Kleinerman is an authorized individual and account stakeholder on both accounts, and their sales are included in the three‑month totals.

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

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Available on EDGAR 09/03/2026 - 02:32 PM EDT Accepted by SEC EDGAR 09/03/2026 - 02:31 PM EDT Learn about SEC filing dates

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	0001979088
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Snowflake Inc.
SEC File Number	001-39504
Address of Issuer	135 CONSTITUTION DRIVE MENLO PARK CALIFORNIA 94025
Phone	844-766-9355
Name of Person for Whose Account the Securities are To Be Sold	Kleinerman Christian
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	Officer

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	10000	3800000.00	346600000	09/03/2026	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			10000	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 135 Constitution Drive Menlo Park CA 94025	Common	06/09/2026	2729	652231.00
Christian Kleinerman 135 Constitution Drive Menlo Park CA 94025	Common	06/16/2026	2986	716640.00
Christian Kleinerman 135 Constitution Drive Menlo Park CA 94025	Common	06/23/2026	2621	598767.45
Christian Kleinerman 135 Constitution Drive Menlo Park CA 94025	Common	07/01/2026	2500	646400.00
Christian Kleinerman 135 Constitution Drive Menlo Park CA 94025	Common	07/14/2026	2500	687500.00
Kleinerman 2020 Dynasty Llc 135 Constitution Drive Menlo Park CA 94025	Common	07/31/2026	5000	1500000.00
Christian Kleinerman 135 Constitution Drive Menlo Park CA 94025	Common	07/31/2026	20000	6000000.00
Kleinerman 2020 Nonexempt Llc 135 Constitution Drive Menlo Park CA 94025	Common	07/31/2026	4986	1495800.00
Christian Kleinerman 135 Constitution Drive Menlo Park CA 94025	Common	08/03/2026	10000	2969950.00
Christian Kleinerman 135 Constitution Drive Menlo Park CA 94025	Common	08/07/2026	25000	8125000.00
Kleinerman 2020 Dynasty Llc 135 Constitution Drive Menlo Park CA 94025	Common	08/07/2026	5000	1625000.00
Christian Kleinerman 135 Constitution Drive Menlo Park CA 94025	Common	09/01/2026	15000	4883550.00

144: Remarks and Signature

Remarks	Todays trade and Sales in the past 3 months include those from the Kleinerman 2020 Dynasty Llc. Sales in last 3 months also took place Kleinerman 2020 Nonexempt Llc accounts. Christian Kleinerman is an authorized individual and account stakeholder on both accounts.
Date of Notice	09/03/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	12/26/2025
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	/s/ Adam Gehring, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Christian Kleinerman
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)