What indirect Snowflake (SNOW) holdings related to Christian Kleinerman are disclosed?

The filing lists several indirect Snowflake positions. These include 4,986 shares in the Kleinerman 2020 Nonexempt LLC and grantor retained annuity trusts with 100,000 shares in a 2025 GRAT, 85,085 shares in a 2024 GRAT, and 32,716 shares in a 2023 GRAT, with Kleinerman as trustee.

[Form 4] Snowflake Inc. Insider Trading Activity

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Snowflake Inc. EVP of Product Management Christian Kleinerman reported pre-planned stock sales and updated holdings. On May 28, 2026, entities associated with him sold a total of 5,100 shares of Snowflake common stock in open-market transactions at $236.77 per share under a Rule 10b5-1 trading plan adopted on December 26, 2025.

The filing shows a sale of 5,000 shares held directly, leaving 528,494 shares of common stock owned directly after the transaction. It also shows a 100‑share sale by the Kleinerman 2020 Nonexempt LLC, which held 4,986 shares afterward. Additional indirect holdings remain in several grantor retained annuity trusts with post-transaction positions of 100,000 shares in a 2025 GRAT, 85,085 shares in a 2024 GRAT, and 32,716 shares in a 2023 GRAT.

Insights

Pre-planned Snowflake insider sales are modest relative to remaining stake.

Snowflake’s EVP of Product Management, Christian Kleinerman, reported open‑market sales totaling 5,100 common shares at $236.77 per share on May 28, 2026. These include 5,000 directly held shares and 100 shares held through the Kleinerman 2020 Nonexempt LLC.

A footnote states the sales were executed under a Rule 10b5-1 trading plan adopted on December 26, 2025, indicating they were pre‑scheduled rather than opportunistic. Following the transactions, Kleinerman still holds 528,494 shares directly and additional indirect positions via several grantor retained annuity trusts and LLC structures.

Because the volume sold is small compared with his disclosed direct and indirect holdings and the trades were made pursuant to a pre‑planned arrangement, the filing appears consistent with routine liquidity and portfolio management rather than a material shift in insider sentiment.

Insider Trade Summary 10b5-1

Net Seller: 5,100 shares ($1,207,527)

Net Sell 6 txns

Insider Kleinerman Christian

Role EVP, Product Management

Sold 5,100 shs ($1.21M)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,000	$236.77	$1.18M
Sale	Common Stock	100	$236.77	$24K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 528,494 shares (Direct, null); Common Stock — 4,986 shares (Indirect, LLC)

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

Key Figures

Total shares sold: 5,100 shares Sale price: $236.77 per share Direct holdings after sale: 528,494 shares +4 more

7 metrics

Total shares sold 5,100 shares Open-market sales on May 28, 2026

Sale price $236.77 per share Both reported sale transactions

Direct holdings after sale 528,494 shares Common stock held directly by Kleinerman

LLC holdings after sale 4,986 shares Kleinerman 2020 Nonexempt LLC

2025 GRAT holdings 100,000 shares Christian Kleinerman 2025 Grantor Retained Annuity Trust

2024 GRAT holdings 85,085 shares Christian Kleinerman 2024 Grantor Retained Annuity Trust

2023 GRAT holdings 32,716 shares Christian Kleinerman 2023 Grantor Retained Annuity Trust

Key Terms

Rule 10b5-1 trading plan, Grantor Retained Annuity Trust, Dynasty LLC, Nonexempt LLC, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"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."

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 dated September 1, 2023 for which the Reporting Person is the trustee."

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 and the Reporting Person's immediate family members are the beneficiaries."

Nonexempt LLC financial

"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."

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.

Form 4 Insider Transactions: What Each Field Means →

05/29/2026 - 08:33 PM

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).

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Product Management

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/28/2026		S⁽¹⁾		5,000	D	$236.77	528,494⁽²⁾	D
Common Stock	05/28/2026		S⁽¹⁾		100	D	$236.77	4,986	I	LLC⁽³⁾
Common Stock								38,568	I	LLC⁽⁴⁾
Common Stock								32,716	I	2023 GRAT⁽⁵⁾
Common Stock								85,085	I	2024 GRAT⁽⁶⁾
Common Stock								100,000	I	2025 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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 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.

4. 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.

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 Christian Kleinerman 2025 Grantor Retained Annuity Trust dated December 14, 2025 for which the Reporting Person is the trustee.

Remarks:

	/s/ Marie Reider, Attorney-in-Fact	05/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Snowflake (SNOW) EVP Christian Kleinerman report?

Christian Kleinerman reported selling 5,100 Snowflake common shares on May 28, 2026. The transactions were open‑market sales at $236.77 per share, split between 5,000 directly held shares and 100 shares held through the Kleinerman 2020 Nonexempt LLC.

Were Christian Kleinerman’s Snowflake (SNOW) stock sales pre-planned under a Rule 10b5-1 plan?

Yes. A footnote explains the reported Snowflake share sales were executed under a Rule 10b5‑1 trading plan. The plan was adopted on December 26, 2025, meaning the trades were scheduled in advance rather than timed discretionarily around short‑term market movements.

How many Snowflake (SNOW) shares does Christian Kleinerman hold after these transactions?

After the reported sales, Christian Kleinerman holds 528,494 Snowflake common shares directly. He also has indirect holdings, including 4,986 shares via the Kleinerman 2020 Nonexempt LLC and additional shares in multiple grantor retained annuity trusts dated 2023, 2024, and 2025.

What price did Christian Kleinerman receive for his Snowflake (SNOW) stock sales?

Both reported transactions were executed at $236.77 per Snowflake share. This price applied to the sale of 5,000 directly held shares and the separate 100‑share sale by the Kleinerman 2020 Nonexempt LLC, as disclosed in the Form 4 transaction details.