Snowflake (SNOW) EVP Kleinerman sells 10,000 shares in 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snowflake Inc. executive vice president of product management Christian Kleinerman reported an open-market sale of 10,000 shares of Common Stock on March 2, 2026 at an average price of $165.01 per share. The sale was effected under a Rule 10b5-1 trading plan adopted on December 19, 2024.
After this transaction, Kleinerman directly held 510,477 Common Stock shares. He also reported indirect holdings through several entities, including LLCs and grantor retained annuity trusts, each with separately listed share amounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($1,650,100)
Net Sell
6 txns
Insider
Kleinerman Christian
Role
EVP, Product Management
Sold
10,000 shs ($1.65M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $165.01 | $1.65M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 510,477 shares (Direct);
Common Stock — 38,568 shares (Indirect, LLC)
Footnotes (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. Includes shares to be issued in connection with the vesting of one or more restricted stock units. 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. 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. Shares are held by the Christian Kleinerman 2023 Grantor Retained Annuity Trust dated September 1, 2023 for which the Reporting Person is the trustee. Shares are held by the Christian Kleinerman 2024 Grantor Retained Annuity Trust dated December 20, 2024 for which the Reporting Person is the trustee. Shares are held by the Christian Kleinerman 2025 Grantor Retained Annuity Trust dated December 14, 2025 for which the Reporting Person is the trustee.
FAQ
What insider transaction did Snowflake (SNOW) EVP Christian Kleinerman report?
Christian Kleinerman reported selling 10,000 shares of Snowflake Common Stock. The shares were sold in an open-market transaction on March 2, 2026 under a Rule 10b5-1 trading plan adopted on December 19, 2024.
Was the Snowflake (SNOW) insider sale by Christian Kleinerman under a trading plan?
The filing states the sale was effected under a Rule 10b5-1 trading plan. This plan was adopted by Christian Kleinerman on December 19, 2024 and governed the March 2, 2026 open-market sale of 10,000 Snowflake Common Stock shares.
What role does Christian Kleinerman hold at Snowflake (SNOW)?
Christian Kleinerman is listed as an officer of Snowflake serving as EVP, Product Management. This title appears in connection with his Form 4 insider report detailing a March 2, 2026 open-market sale of 10,000 shares of Snowflake Common Stock.