Snowflake EVP Kleinerman sells 2,500 shares
Snowflake Inc. executive vice president of product management Christian Kleinerman reported an open-market sale of 2,500 shares of common stock on July 14, 2026 at $275.00 per share, effected under a 10b5-1 trading plan adopted on December 26, 2025.
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Form Type
4
Rhea-AI Filing Summary
Snowflake Inc. executive vice president of product management Christian Kleinerman reported an open-market sale of 2,500 shares of common stock on July 14, 2026 at $275.00 per share, effected under a 10b5-1 trading plan adopted on December 26, 2025. Following the sale, he holds 395,379 shares directly and additional indirect interests through family LLCs and Grantor Retained Annuity Trusts.
Insider Trade Summary 10b5-1
Net Seller: 2,500 shares
Net Sell
7 txns
Insider
Kleinerman Christian
Role
EVP, Product Management
Sold
2,500 shs ($688K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 2,500 | $275.00 | $688K |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock F6 | -- | -- | -- |
| holding | Common Stock F7 | -- | -- | -- |
| holding | Common Stock F8 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 395,379 shares (Direct);
Common Stock — 43,554 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 (8)
- F1. The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 26, 2025.
- F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
- 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.
- F4. 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.
- F5. Shares are held by the Christian Kleinerman 2023 Grantor Retained Annuity Trust dated September 1, 2023 for which the Reporting Person is the trustee.
- F6. Shares are held by the Christian Kleinerman 2024 Grantor Retained Annuity Trust dated December 20, 2024 for which the Reporting Person is the trustee.
- F7. Shares are held by the Christian Kleinerman 2025 Grantor Retained Annuity Trust dated December 14, 2025 for which the Reporting Person is the trustee.
- F8. Shares are held by the Christian Kleinerman 2026 Grantor Retained Annuity Trust dated May 30, 2026 for which the Reporting Person is the trustee.
Key Figures
Shares sold: 2,500 shares
Sale price: $275.00 per share
Direct holdings after sale: 395,379 shares
+5 more
8 metrics
Shares sold
2,500 shares
Common stock sold in open-market transaction on July 14, 2026
Sale price
$275.00 per share
Price received for 2,500 shares of Snowflake common stock
Direct holdings after sale
395,379 shares
Direct Snowflake common stock owned by Kleinerman following the reported transaction
2026 GRAT holdings
100,000 shares
Indirect Snowflake common stock held via the 2026 Grantor Retained Annuity Trust
2025 GRAT holdings
100,000 shares
Indirect Snowflake common stock held via the 2025 Grantor Retained Annuity Trust
2024 GRAT holdings
85,085 shares
Indirect Snowflake common stock held via the 2024 Grantor Retained Annuity Trust
2023 GRAT holdings
32,716 shares
Indirect Snowflake common stock held via the 2023 Grantor Retained Annuity Trust
LLC holdings
38,568 shares
Indirect Snowflake common stock held via a Kleinerman family LLC
Key Terms
10b5-1 trading plan, Grantor Retained Annuity Trust, restricted stock units, Dynasty LLC
4 terms
10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan"
A 10b5-1 trading plan is a pre-arranged strategy that allows company insiders to buy or sell company stock at set times, regardless of their current knowledge about the company's situation. It acts like a scheduled appointment for trading, helping prevent the appearance of impropriety or insider trading. This plan provides a way for insiders to sell or buy shares in a controlled, transparent manner, offering reassurance to investors about fair trading practices.
Grantor Retained Annuity Trust financial
"Christian Kleinerman 2023 Grantor Retained Annuity Trust dated September 1, 2023"
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.
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.
Dynasty LLC financial
"Shares are held by the Kleinerman 2020 Dynasty LLC for which the Reporting Person is the manager"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Snowflake (SNOW) report for Christian Kleinerman?
Christian Kleinerman reported an open-market sale of 2,500 Snowflake common shares on July 14, 2026 at $275.00 per share. The transaction was executed under a pre-arranged 10b5-1 trading plan adopted on December 26, 2025.
What indirect Snowflake (SNOW) holdings does Kleinerman report?
Kleinerman reports indirect holdings in several entities, including 100,000 shares in a 2026 Grantor Retained Annuity Trust, 100,000 shares in a 2025 GRAT, 85,085 shares in a 2024 GRAT, 32,716 shares in a 2023 GRAT, and interests in family LLCs.
Are any of Kleinerman’s Snowflake (SNOW) holdings linked to restricted stock units?
A footnote explains that certain reported holdings include shares to be issued in connection with the vesting of one or more restricted stock units, indicating some future share delivery tied to equity awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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