[Form 4] Snowflake Inc. Insider Trading Activity

Rhea-AI Filing Summary

Snowflake EVP of Product Management Christian Kleinerman reported multiple transactions in Class A Common Stock on June 20-23, 2025:

• Tax-related withholding of 2,663 shares (1,800 + 863) at $212.08 per share on June 20
• Sale of 2,610 shares (845 + 1,765) at $209.87 per share on June 23 under a 10b5-1 trading plan

Following these transactions, Kleinerman holds 557,336 shares directly and 287,067 shares indirectly through various trusts and entities, including:

• Three Grantor Retained Annuity Trusts (GRATs) holding 233,499 shares total
• Kleinerman 2020 Dynasty LLC holding 53,568 shares for family beneficiaries

The sales were executed according to a pre-planned 10b5-1 trading plan established on December 19, 2024, demonstrating structured portfolio management rather than reactive trading.

Positive

• EVP of Product Management Christian Kleinerman maintains significant equity ownership with over 557,000 shares held directly
• Executive has structured long-term wealth planning through multiple GRATs totaling 233,499 shares and an LLC holding 53,568 shares, indicating confidence in company's future
• Stock sales were conducted under a pre-planned 10b5-1 trading plan, suggesting orderly and compliant disposition rather than reactive selling

Negative

• Insider sold a total of 2,610 shares at $209.87 on June 23, 2025
• Additional 2,663 shares were disposed of through tax withholding at $212.08 on June 20, 2025
• Total reduction of approximately 5,273 shares from executive's direct holdings

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)
06/20/2025

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
Class A Common Stock	06/20/2025		F(1)		1,800	D	$212.08	560,809(2)	D
Class A Common Stock	06/20/2025		F(1)		863	D	$212.08	559,946(2)	D
Class A Common Stock	06/23/2025		S(3)		845	D	$209.87	559,101(2)	D
Class A Common Stock	06/23/2025		S(3)		1,765	D	$209.87	557,336(2)	D
Class A Common Stock								33,499	I	2022 GRAT(4)
Class A Common Stock								100,000	I	2023 GRAT(5)
Class A Common Stock								100,000	I	2024 GRAT(6)
Class A Common Stock								53,568	I	LLC(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.

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

3. The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 19, 2024.

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

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

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

7. 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.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	06/24/2025
	** 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

How many SNOW shares did EVP Christian Kleinerman sell on June 23, 2025?

Christian Kleinerman sold a total of 2,610 shares of Snowflake (SNOW) Class A Common Stock on June 23, 2025, in two transactions: 845 shares and 1,765 shares, both at a price of $209.87 per share. These sales were executed pursuant to a 10b5-1 trading plan adopted on December 19, 2024.

What is Christian Kleinerman's total SNOW stock ownership after the June 2025 transactions?

After the reported transactions, Christian Kleinerman beneficially owned 557,336 shares directly, plus indirect ownership through various trusts and LLC totaling 287,067 shares (33,499 in 2022 GRAT, 100,000 in 2023 GRAT, 100,000 in 2024 GRAT, and 53,568 in Kleinerman 2020 Dynasty LLC).

Why did SNOW EVP Kleinerman dispose of shares on June 20, 2025?

On June 20, 2025, EVP Kleinerman had 2,663 shares (1,800 + 863) withheld by Snowflake at $212.08 per share to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). This was not an open market sale but rather a standard practice for handling tax obligations on vesting equity compensation.

What trading plan is SNOW executive Kleinerman operating under?

Christian Kleinerman's sales were executed pursuant to a Rule 10b5-1 trading plan that was adopted on December 19, 2024. This type of plan allows insiders to preset trading parameters to avoid accusations of trading on material non-public information.