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Snowflake officer proposes $3.06M share sale

The shares are listed as acquired from the issuer on December 15, 2017, as Founders Shares, with compensation identified as the nature of payment.

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Form Type
144

Rhea-AI Filing Summary

Snowflake Inc. (SNOW) officer Christian Kleinerman gave notice of a proposed sale of 10,000 common shares, with an aggregate market value of $3,060,100.00. Fidelity Brokerage Services LLC is named as broker, and the approximate sale date is November 2, 2026; NYSE is listed as the exchange. The past-three-month sales table also lists transactions by Christian Kleinerman and Kleinerman 2020 Dynasty LLC.

Proposed sale 10,000 shares Christian Kleinerman; approximate sale date November 2, 2026
Aggregate market value $3,060,100.00 Proposed sale of common shares
Shares outstanding 352,800,000 shares Issuer securities information
Prior sale by Christian Kleinerman 25,000 shares August 7, 2026
Reported sale value $8,125,000.00 Christian Kleinerman sale of 25,000 shares on August 7, 2026
Rule 144 regulatory
"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
"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.

FAQ

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

How many SNOW shares does Christian Kleinerman propose to sell?

The notice lists 10,000 Snowflake common shares for sale, with an aggregate market value of $3,060,100.00. Fidelity Brokerage Services LLC is named as broker, and the approximate sale date is November 2, 2026; NYSE is listed as the exchange.

How were the shares Christian Kleinerman proposes to sell acquired?

The 10,000 common shares are listed as acquired from the issuer on December 15, 2017, as Founders Shares, with compensation identified as the nature of payment.

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

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