STOCK TITAN
  1. Home
  2. Sec-filings
  3. SNOW
  4. [Form 4] Snowflake Inc. Insider Trading Activity

Snowflake (SNOW) EVP Christian Kleinerman sells 30,000 shares under 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Snowflake Inc. executive Christian Kleinerman, EVP of Product Management, reported selling 30,000 shares of common stock on August 7, 2026 at $325.00 per share in open-market transactions under a Rule 10b5-1 trading plan adopted on December 26, 2025. Following these sales, he holds 340,379 shares directly and additional indirect positions, including 28,568 shares through Kleinerman 2020 Dynasty LLC and interests held via several Grantor Retained Annuity Trusts.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider Kleinerman Christian
Role EVP, Product Management
Sold 30,000 shs ($9.75M)
Type Security Shares Price Value
Sale Common Stock F1, F2 25,000 $325.00 $8.13M
Sale Common Stock F1, F3 5,000 $325.00 $1.63M
holding Common Stock F4 -- -- --
holding Common Stock F5 -- -- --
holding Common Stock F6 -- -- --
holding Common Stock F7 -- -- --
Holdings After Transaction: Common Stock — 340,379 shares (Direct); Common Stock — 28,568 shares (Indirect, LLC); Common Stock — 32,716 shares (Indirect, 2023 GRAT); Common Stock — 85,085 shares (Indirect, 2024 GRAT); Common Stock — 100,000 shares (Indirect, 2025 GRAT); Common Stock — 100,000 shares (Indirect, 2026 GRAT)
Footnotes (7)
  1. F1. The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 26, 2025.
  2. F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
  3. F3. 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.
  4. F4. Shares are held by the Christian Kleinerman 2023 Grantor Retained Annuity Trust dated September 1, 2023 for which the Reporting Person is the trustee.
  5. F5. Shares are held by the Christian Kleinerman 2024 Grantor Retained Annuity Trust dated December 20, 2024 for which the Reporting Person is the trustee.
  6. F6. Shares are held by the Christian Kleinerman 2025 Grantor Retained Annuity Trust dated December 14, 2025 for which the Reporting Person is the trustee.
  7. F7. Shares are held by the Christian Kleinerman 2026 Grantor Retained Annuity Trust dated May 30, 2026 for which the Reporting Person is the trustee.
Shares sold 30,000 shares Total Snowflake common shares sold on August 7, 2026
Sale price $325.00 per share Price for both reported common stock sale transactions
Direct holdings after sale 340,379 shares Direct Snowflake common stock held by Christian Kleinerman after transactions
LLC indirect holdings 28,568 shares Snowflake shares held by Kleinerman 2020 Dynasty LLC after sale
2023 GRAT holdings 32,716 shares Snowflake shares held by Christian Kleinerman 2023 Grantor Retained Annuity Trust
2024 GRAT holdings 85,085 shares Snowflake shares held by Christian Kleinerman 2024 Grantor Retained Annuity Trust
2025 GRAT holdings 100,000 shares Snowflake shares held by Christian Kleinerman 2025 Grantor Retained Annuity Trust
2026 GRAT holdings 100,000 shares Snowflake shares held by Christian Kleinerman 2026 Grantor Retained Annuity Trust
Rule 10b5-1 trading plan regulatory
"The sales ... were effected pursuant to a 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Grantor Retained Annuity Trust financial
"Shares are held by the Christian Kleinerman 2023 Grantor Retained Annuity Trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
Dynasty LLC financial
"Shares are held by the Kleinerman 2020 Dynasty LLC for which the Reporting Person is the manager"
restricted stock units financial
"Includes shares to be issued in connection with the vesting of one or more restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

FAQ

What did Snowflake (SNOW) EVP Christian Kleinerman report in this Form 4?
Christian Kleinerman reported selling 30,000 Snowflake common shares on August 7, 2026 at $325.00 per share, and updated his direct and indirect shareholdings including LLC and GRAT-related positions.

How many Snowflake (SNOW) shares did Christian Kleinerman sell and at what price?
He sold 30,000 common shares of Snowflake at a price of $325.00 per share. The sales were reported as open-market or private transactions under transaction code S.

Was the Snowflake (SNOW) insider sale under a Rule 10b5-1 plan?
Yes. A footnote states the sales were effected pursuant to a 10b5-1 trading plan adopted by Christian Kleinerman on December 26, 2025, indicating the trades were pre-arranged under that plan.

What are Christian Kleinerman’s direct Snowflake (SNOW) holdings after the sale?
After the August 7, 2026 transactions, Christian Kleinerman directly holds 340,379 Snowflake common shares. A footnote notes this amount includes shares to be issued upon vesting of one or more restricted stock units.

What indirect Snowflake (SNOW) holdings are reported for Christian Kleinerman?
He reports 28,568 shares held via the Kleinerman 2020 Dynasty LLC and additional indirect holdings of 32,716, 85,085, 100,000, and 100,000 shares through separate Grantor Retained Annuity Trusts for which he is trustee.

What role do GRATs play in Christian Kleinerman’s Snowflake (SNOW) ownership?
Several trusts titled as Grantor Retained Annuity Trusts (dated 2023, 2024, 2025, and 2026) together hold multiple Snowflake share blocks, with Kleinerman disclosed as trustee for each of these GRATs.

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
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
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.
135 CONSTITUTION DRIVE
(Street)
MENLO PARK CALIFORNIA 94025
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Product Management
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/07/2026S(1)25,000D$325340,379(2)D
Common Stock08/07/2026S(1)5,000D$32528,568ILLC(3)
Common Stock32,716I2023 GRAT(4)
Common Stock85,085I2024 GRAT(5)
Common Stock100,000I2025 GRAT(6)
Common Stock100,000I2026 GRAT(7)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 26, 2025.
2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
3. 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.
4. Shares are held by the Christian Kleinerman 2023 Grantor Retained Annuity Trust dated September 1, 2023 for which the Reporting Person is the trustee.
5. Shares are held by the Christian Kleinerman 2024 Grantor Retained Annuity Trust dated December 20, 2024 for which the Reporting Person is the trustee.
6. Shares are held by the Christian Kleinerman 2025 Grantor Retained Annuity Trust dated December 14, 2025 for which the Reporting Person is the trustee.
7. Shares are held by the Christian Kleinerman 2026 Grantor Retained Annuity Trust dated May 30, 2026 for which the Reporting Person is the trustee.
Remarks:
/s/ Marie Reider, Attorney-in-Fact08/11/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR