Snowflake (NYSE: SNOW) EVP sells 550 shares and reports tax withholding

Rhea-AI Filing Summary

Snowflake Inc. executive Christian Kleinerman reported a small share sale and tax-related share withholdings. He sold 550 shares of Common Stock on March 10, 2026 in an open‑market transaction at $182.44 per share, executed under a pre‑arranged Rule 10b5‑1 trading plan adopted on December 19, 2024.

On March 9, 2026, 8,092 shares were withheld at $180.48 per share to cover tax obligations tied to vesting restricted stock units. Following these transactions, he directly holds 501,835 shares. Additional indirect holdings are reported through LLCs and Grantor Retained Annuity Trusts.

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

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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.

135 CONSTITUTION DRIVE

(Street)

MENLO PARK CA 94025

(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)
03/09/2026

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	03/09/2026		F(1)		6,630	D	$180.48	503,847(2)	D
Common Stock	03/09/2026		F(1)		558	D	$180.48	503,289(2)	D
Common Stock	03/09/2026		F(1)		904	D	$180.48	502,385(2)	D
Common Stock	03/10/2026		S(3)		550	D	$182.44	501,835(2)	D
Common Stock								38,568	I	LLC(4)
Common Stock								5,086	I	LLC(5)
Common Stock								32,716	I	2023 GRAT(6)
Common Stock								85,085	I	2024 GRAT(7)
Common Stock								100,000	I	2025 GRAT(8)

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

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 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.

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

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

8. 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	03/11/2026
	** 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.

FAQ

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

Christian Kleinerman reported one open-market sale of 550 Snowflake common shares and several tax-related share withholdings. The filing also lists his remaining direct and indirect holdings, including shares in LLCs and multiple Grantor Retained Annuity Trusts.

How many Snowflake shares did Christian Kleinerman sell and at what price?

He sold 550 shares of Snowflake common stock at a price of $182.44 per share. This open-market transaction was disclosed as part of a Form 4 filing and represents a small portion of his overall reported share ownership.

Were Christian Kleinerman’s Snowflake share sales under a Rule 10b5-1 plan?

Yes. The filing states that the reported 550-share sale was effected under a Rule 10b5-1 trading plan adopted on December 19, 2024. Such plans pre-schedule trades, making the transaction more routine and less about short-term market views.

How many Snowflake shares were withheld for Christian Kleinerman’s tax obligations?

A total of 8,092 shares of Snowflake common stock were withheld at $180.48 per share. The filing explains these shares satisfied tax withholding obligations arising from the vesting of restricted stock units, not discretionary market sales.

What are Christian Kleinerman’s Snowflake share holdings after these transactions?

After the reported transactions, he directly holds 501,835 Snowflake shares. The filing also discloses additional indirect holdings, including 38,568 and 5,086 shares in Kleinerman 2020 LLCs and blocks of 32,716, 85,085, and 100,000 shares in 2023, 2024, and 2025 GRATs.

Are the tax-withholding entries in Christian Kleinerman’s Form 4 open-market sales?

No. The Form 4 labels the three transactions totaling 8,092 shares as tax-withholding dispositions. These represent shares withheld by the issuer to cover tax liabilities on restricted stock unit vesting, rather than elective sales into the open market.