[Form 4] Snowflake Inc. Insider Trading Activity

Rhea-AI Filing Summary

Snowflake Inc. executive vice president of product management Christian Kleinerman reported several internal equity transfers involving Snowflake common stock on December 26, 2025. The filing shows that upon termination of the 2022 Grantor Retained Annuity Trust, 5,086 shares were moved to the Kleinerman 2020 Nonexempt LLC at a stated price of $0, reflecting a change in how the shares are held rather than a market sale.

The report also notes that 100,000 shares of Snowflake common stock were transferred to the Christian Kleinerman 2025 Grantor Retained Annuity Trust, where Kleinerman serves as trustee. Additional holdings are reported across several entities, including the Kleinerman 2020 Dynasty LLC and multiple Grantor Retained Annuity Trusts for 2023, 2024, and 2025, as well as shares to be issued upon vesting of restricted stock units. These transactions primarily reflect estate and trust planning arrangements while maintaining beneficial ownership ties to the reporting person and related parties.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kleinerman Christian

(Last) (First) (Middle)

C/O SNOWFLAKE INC.

106 EAST BABCOCK STREET, SUITE 3A

(Street)

BOZEMAN MT 59715

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Product Management

3. Date of Earliest Transaction (Month/Day/Year)
12/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/26/2025		G		5,086	D	$0	0(1)	I	2022 GRAT(2)
Common Stock								481,351(3)(4)(5)	D
Common Stock								38,568	I	LLC(6)
Common Stock								5,086(1)	I	LLC(7)
Common Stock								32,716(4)	I	2023 GRAT(8)
Common Stock								85,085	I	2024 GRAT(9)
Common Stock								100,000(3)	I	2025 GRAT(10)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Upon termination of the Christian Kleinerman 2022 Grantor Retained Annuity Trust dated June 24, 2022, on December 26, 2025, 5,086 shares were transferred to the Kleinerman 2020 Nonexempt LLC, for which the Reporting Person is a manager and the Reporting Person's immediate family members are beneficiaries of a trust that is the sole member.

2. Shares were held by the Christian Kleinerman 2022 Grantor Retained Annuity Trust dated June 24, 2022 for which the Reporting Person is the trustee.

3. On December 26, 2025, the Reporting Person transferred 100,000 shares of the Issuer's Common Stock to the Christian Kleinerman 2025 Grantor Retained Annuity Trust dated December 14, 2025 for which the Reporting Person is the trustee.

4. Reflects the distribution of 42,620 shares from the 2023 Grantor Retained Annuity Trust dated September 1, 2023 to the Reporting Person as an annuity payment on December 26, 2025.

5. Includes shares to be issued in connection with the vesting of one or more restricted stock units.

6. Shares are held by the Kleinerman 2020 Dynasty LLC for which the Reporting Person is the manager and the Reporting Person's immediate family members are the beneficiaries.

7. Shares are held by the Kleinerman 2020 Nonexempt LLC for which the Reporting Person is the manager and the Reporting Person's immediate family members are the beneficiaries of a trust that is the sole member.

8. Shares are held by the Christian Kleinerman 2023 Grantor Retained Annuity Trust dated September 1, 2023 for which the Reporting Person is the trustee.

9. Shares are held by the Christian Kleinerman 2024 Grantor Retained Annuity Trust dated December 20, 2024 for which the Reporting Person is the trustee.

10. Shares are held by the Christian Kleinerman 2025 Grantor Retained Annuity Trust dated December 14, 2025 for which the Reporting Person is the trustee.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	12/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Snowflake (SNOW) report on December 26, 2025?

On December 26, 2025, Snowflake executive vice president Christian Kleinerman reported internal transfers of Snowflake common stock among trusts and LLCs associated with him and his immediate family, rather than open-market purchases or sales.

How many Snowflake (SNOW) shares moved from the 2022 GRAT in this filing?

Upon termination of the Christian Kleinerman 2022 Grantor Retained Annuity Trust on December 26, 2025, 5,086 shares of Snowflake common stock were transferred to the Kleinerman 2020 Nonexempt LLC.

What is the 100,000-share transfer disclosed for Snowflake (SNOW)?

The filing states that on December 26, 2025, the reporting person transferred 100,000 shares of Snowflake common stock to the Christian Kleinerman 2025 Grantor Retained Annuity Trust dated December 14, 2025, for which he is the trustee.

Were any of the Snowflake (SNOW) insider transfers reported at a cash price?

The transfer of 5,086 shares from the 2022 GRAT to the Kleinerman 2020 Nonexempt LLC is shown with a transaction price of $0, indicating a non-cash movement of shares between related entities.

Which entities now hold Snowflake (SNOW) shares for Christian Kleinerman and related parties?

Reported holdings include the Kleinerman 2020 Dynasty LLC, the Kleinerman 2020 Nonexempt LLC, and several Grantor Retained Annuity Trusts dated 2022, 2023, 2024, and 2025, where the reporting person serves as manager or trustee and family members are beneficiaries.

Does this Snowflake (SNOW) Form 4 include restricted stock units?

Yes. One footnote explains that the reported beneficial ownership total includes shares to be issued in connection with the vesting of one or more restricted stock units granted to the reporting person.