[144] Snowflake Inc. SEC Filing

Rhea-AI Filing Summary

Snowflake Inc. Form 144 summary: This notice reports a proposed sale of 548 common shares by an insider through Fidelity Brokerage Services on 09/09/2025, with an aggregate market value of $122,675.28. The filing states these shares were acquired on 09/08/2025 upon restricted stock vesting and were received as compensation.

The filer discloses sales of Snowflake common stock during the prior three months totaling 41,133 shares for gross proceeds of approximately $9,090,518.78, executed by Christian Kleinerman and Kleinerman 2020 Dynasty LLC on multiple dates between June and September 2025. The notice includes the required attestation that the seller is not aware of undisclosed material adverse information.

Positive

• Full disclosure of the proposed sale including broker, number of shares, value, and execution date
• Acquisition source is specified as restricted stock vesting and payment as compensation, clarifying the basis for the shares
• Past three months' sales are itemized with dates, amounts, and gross proceeds, supporting transparency

Negative

• Significant prior sales in the past three months total 41,133 shares for approximately $9.09 million, which may be notable to some investors
• Current proposed sale is small but follows a series of larger dispositions, which could prompt investor questions about insider liquidity

Insights

Securities Analyst

TL;DR: Routine insider sale of vested restricted shares; recent prior sales show ongoing dispositions totaling ~41k shares (~$9.09M).

This Form 144 documents a small proposed sale of 548 vested shares to be executed through a broker on 09/09/2025. The filing is consistent with standard post-vesting dispositions; it transparently lists prior transactions by the same insider and an affiliated LLC over the preceding three months. From a market-impact perspective, the reported proposed sale is immaterial relative to the company's outstanding share count of 338,800,000, though the cumulative prior sales generated meaningful proceeds.

Corporate Governance Expert

TL;DR: Disclosure adheres to Rule 144 requirements and includes the attestation regarding material nonpublic information.

The filing identifies the acquisition type (restricted stock vesting) and the nature of payment (compensation), meeting governance transparency expectations for insider transactions. The inclusion of multiple recent sales and explicit broker and seller details supports compliance and provides investors with a clear record of insider liquidity events without asserting any undisclosed company developments.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	548	122675.28	338800000	09/09/2025	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	09/08/2025	Restricted Stock Vesting	Issuer			548	09/08/2025	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 106 East Babcock Street Suite 3A Bozeman MT 59715	Common	06/10/2025	548	115058.08
Christian Kleinerman 106 East Babcock Street Suite 3A Bozeman MT 59715	Common	06/17/2025	2975	618800.00
Christian Kleinerman 106 East Babcock Street Suite 3A Bozeman MT 59715	Common	06/23/2025	2610	547760.70
Kleinerman 2020 Dynasty Llc 106 East Babcock Street Suite 3A Bozeman MT 59715	Common	06/25/2025	5000	1125000.00
Christian Kleinerman 106 East Babcock Street Suite 3A Bozeman MT 59715	Common	07/01/2025	10000	2188900.00
Christian Kleinerman 106 East Babcock Street Suite 3A Bozeman MT 59715	Common	08/01/2025	10000	2160000.00
Christian Kleinerman 106 East Babcock Street Suite 3A Bozeman MT 59715	Common	09/02/2025	10000	2335000.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Snowflake's (SNOW) Form 144 filed here report?

It reports a proposed sale of 548 common shares to be executed through Fidelity on 09/09/2025 with aggregate market value of $122,675.28.

How were the 548 shares acquired according to the filing?

The filing states the shares were acquired on 09/08/2025 through restricted stock vesting and the consideration is listed as compensation.

Who conducted the prior sales disclosed in the filing?

Prior sales were by Christian Kleinerman and Kleinerman 2020 Dynasty LLC, with multiple transactions between 06/10/2025 and 09/02/2025.

How many shares and what proceeds were reported sold in the last three months?

The filing lists total sales of 41,133 shares for gross proceeds of approximately $9,090,518.78.

Does the filer attest to possession of material nonpublic information?

Yes, the signer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.