Snowflake EVP sells 550 shares in planned trade
Snowflake Inc. executive Christian Kleinerman reported a small share sale and tax-related share withholdings.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 550 | $182.44 | $100K |
| Exercise Price or Tax Liability | Common Stock | 6,630 | $180.48 | $1.20M |
| Exercise Price or Tax Liability | Common Stock | 558 | $180.48 | $101K |
| Exercise Price or Tax Liability | Common Stock | 904 | $180.48 | $163K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (8)
- F1. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
- F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. Shares are held by the Christian Kleinerman 2023 Grantor Retained Annuity Trust dated September 1, 2023 for which the Reporting Person is the trustee.
- F7. Shares are held by the Christian Kleinerman 2024 Grantor Retained Annuity Trust dated December 20, 2024 for which the Reporting Person is the trustee.
- F8. 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 transactions did Snowflake (SNOW) EVP Christian Kleinerman report?
Are the tax-withholding entries in Christian Kleinerman’s Form 4 open-market sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.