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Snowflake (SNOW) EVP Christian Kleinerman reports 10,000-share insider sale under 10b5-1 plan

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

Rhea-AI Filing Summary

Snowflake Inc. executive Christian Kleinerman reported an insider stock sale. On 12/01/2025, he sold 10,000 shares of Snowflake common stock at a price of $249.53 per share in an open market transaction coded as a sale.

After this transaction, he beneficially owned 512,450 shares directly, and additional shares indirectly through the Kleinerman 2020 Dynasty LLC and several grantor retained annuity trusts dated in 2022, 2023, and 2024. The sale was made under a pre-arranged Rule 10b5-1 trading plan that he adopted on December 19, 2024.

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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
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.
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)
12/01/2025
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 12/01/2025 S(1) 10,000 D $249.53 512,450(2) D
Common Stock 38,568 I LLC(3)
Common Stock 100,000 I 2023 GRAT(4)
Common Stock 100,000 I 2024 GRAT(5)
Common Stock 5,086 I 2022 GRAT(6)
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. The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 19, 2024.
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 2022 Grantor Retained Annuity Trust dated June 24, 2022 for which the Reporting Person is the trustee.
Remarks:
/s/ Marie Reider, Attorney-in-Fact 12/03/2025
** 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 for Christian Kleinerman?

On 12/01/2025, Snowflake executive Christian Kleinerman, EVP of Product Management, reported the sale of 10,000 shares of Snowflake common stock in an open market transaction.

At what price were the Snowflake (SNOW) shares sold by the executive?

The 10,000 Snowflake common shares were sold at a price of $249.53 per share, as disclosed in the Form 4.

How many Snowflake (SNOW) shares does Christian Kleinerman own after the transaction?

Following the reported sale, Christian Kleinerman beneficially owned 512,450 shares of Snowflake common stock directly, plus additional indirect holdings through an LLC and several grantor retained annuity trusts.

Was the Snowflake (SNOW) insider sale under a Rule 10b5-1 trading plan?

Yes. The filing states that the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Christian Kleinerman on December 19, 2024.

What indirect Snowflake (SNOW) holdings are reported for Christian Kleinerman?

Indirect holdings include Snowflake shares held by the Kleinerman 2020 Dynasty LLC and by the Christian Kleinerman 2022, 2023, and 2024 Grantor Retained Annuity Trusts, for which he is manager or trustee.

What is Christian Kleinerman’s role at Snowflake (SNOW)?

Christian Kleinerman is reported as an officer of Snowflake Inc., serving as EVP, Product Management.
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Software - Application
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United States
BOZEMAN