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Snowflake (SNOW) affiliate reports multiple share disposals including 10,000-share tranche

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Snowflake Inc. notice of proposed affiliate sales under Form 144. The filing lists multiple dispositions by Christian Kleinerman: 10,000 shares on 03/02/2026 for $1,650,100; 550 shares on 03/10/2026 for $100,342; 2,986 shares on 03/17/2026 for $523,565.24; 2,621 shares on 03/23/2026 for $445,596.21; and 5,000 shares on 05/28/2026 for $1,183,850. The filing also records a 100-share sale by Kleinerman 2020 Nonexempt LLC on 05/28/2026 for $23,677. The securities section lists Founders Shares 9,833 (12/15/2017) and Restricted Stock Vesting 167 (06/08/2025) as identified securities.

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Sale on 03/02/2026 10,000 shares proceeds $1,650,100
Sale on 03/10/2026 550 shares proceeds $100,342
Sale on 03/17/2026 2,986 shares proceeds $523,565.24
Sale on 03/23/2026 2,621 shares proceeds $445,596.21
Sales on 05/28/2026 5,000 shares + 100 shares (LLC) proceeds $1,183,850 and $23,677
Founders Shares 9,833 shares dated 12/15/2017
Restricted Stock Vesting 167 shares dated 06/08/2025
Brokerage reference Fidelity Brokerage Services LLC listed in securities information
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Founders Shares financial
"Common | 12/15/2017 | Founders Shares"
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.
Restricted Stock Vesting financial
"Compensation Common | 06/08/2025 | Restricted Stock Vesting"
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.
Kleinerman 2020 Nonexempt LLC other
"Kleinerman 2020 Nonexempt Llc 135 Constitution Drive"
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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

FAQ

What sales does the SNOW Form 144 disclose?

The Form 144 lists multiple sales by Christian Kleinerman on specific dates. It shows 10,000 shares on 03/02/2026, 550 on 03/10/2026, 2,986 on 03/17/2026, 2,621 on 03/23/2026, and 5,000 plus 100 (LLC) on 05/28/2026 with amounts for each sale.

Who is the selling party named in the SNOW filing?

The filing identifies Christian Kleinerman as the primary selling party and Kleinerman 2020 Nonexempt LLC for one sale. Addresses for the reporting person are shown as Menlo Park, CA, and the broker listed is Fidelity Brokerage Services LLC.

Are specific dollar amounts disclosed in the SNOW Form 144?

Yes. Each sale line includes proceeds: for example, $1,650,100 for 10,000 shares (03/02/2026) and $1,183,850 for 5,000 shares (05/28/2026). All sale rows in the excerpt include the price or aggregate proceeds.

Does the filing show which types of securities are involved for SNOW?

The securities section lists Common stock and references Founders Shares (9,833) dated 12/15/2017 and Restricted Stock Vesting (167) dated 06/08/2025. These securities are named in the excerpt under the securities information section.