SNOW Form 144: Insider Sale of 2,975 Shares; $9.10M Recent Proceeds

Form 144 filed for Snowflake Inc. (SNOW) reports a proposed sale of 2,975 common shares to be executed through Fidelity Brokerage Services on 09/16/2025.

Rhea-AI Filing Summary

Form 144 filed for Snowflake Inc. (SNOW) reports a proposed sale of 2,975 common shares to be executed through Fidelity Brokerage Services on 09/16/2025. The shares were acquired on 09/15/2025 by Restricted Stock Vesting from the issuer and classified as compensation. The filing lists total shares outstanding of 338,800,000, and shows prior sales by the same person/entity totaling 41,133 shares in the past three months, generating aggregate gross proceeds of $9,098,135.98.

The filer represents there is no undisclosed material adverse information and signs the required attestation for Rule 144 sales.

Positive

• Proposed sale is tied to restricted stock vesting, indicating a routine compensation event rather than a discretionary dump
• Complete disclosure of recent sales (dates, amounts, gross proceeds) improves transparency for investors
• Attestation included that the seller is not aware of undisclosed material adverse information

Negative

• Insider and related-entity sales totaled 41,133 shares in the past three months, generating $9,098,135.98 in gross proceeds
• Frequent sales by the same person/entity may draw investor attention despite representing a small percentage of outstanding shares

Insights

Financial Analyst

TL;DR: Insider sales are sizeable in absolute dollars but represent a very small fraction of outstanding shares.

The filing shows a proposed sale of 2,975 shares (vested restricted stock) and prior reported sales totaling 41,133 shares for roughly $9.10 million in gross proceeds over the past three months. Relative to the reported 338.8 million shares outstanding, these dispositions equal approximately 0.012% of the float, indicating limited dilution or market impact. The disclosed reason for the proposed sale is compensation-related vesting, which is a routine source of insider sales rather than an operational signal.

Corporate Governance Expert

TL;DR: Transactions are documented under Rule 144 and include an attestation; disclosures appear procedurally compliant.

The notice identifies the sale agent, timing, and that the 2,975 shares were acquired via restricted stock vesting from the issuer and paid as compensation on 09/15/2025. The filer provides the required attestation that no undisclosed material adverse information exists. Multiple recent sales by the same person and related entity are listed with dates and gross proceeds, supporting transparency of insider disposition activity.

FAQ

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

What does the Form 144 for Snowflake (SNOW) report?

The form reports a proposed sale of 2,975 common shares through Fidelity on 09/16/2025, acquired by restricted stock vesting on 09/15/2025 and classified as compensation.

How many shares were sold by the filer in the past three months?

The filing lists prior sales totaling 41,133 shares across several dates, with aggregate gross proceeds of $9,098,135.98.

What percentage of Snowflake's outstanding shares do these sales represent?

Based on 338,800,000 shares outstanding reported in the form, the 41,133 shares equal about 0.012% of outstanding shares.

Why were the 2,975 shares acquired?

The acquisition method is listed as Restricted Stock Vesting, and the nature of payment is recorded as compensation.

Is there any claim of undisclosed material information by the seller?

The filer signs an attestation representing they do not know of any undisclosed material adverse information regarding the issuer.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 09/16/2025 - 10:33 AM 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	106 EAST BABCOCK STREET SUITE 3A BOZEMAN MONTANA 59715
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	2975	658189.00	338800000	09/16/2025	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	09/15/2025	Restricted Stock Vesting	Issuer			2975	09/15/2025	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	06/17/2025	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
Christian Kleinerman 106 East Babcock Street Suite 3A Bozeman MT 59715	Common	09/09/2025	548	122675.28

144: Remarks and Signature

Remarks	Regarding the sales from Kleinerman 2020 Dynasty Llc on 06/25/2025, Christian Kleinerman is an Authorized Individual and Account Stakeholder.
Date of Notice	09/16/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	12/19/2024
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/ Daniel Tucci, 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)