Snowflake Inc. Officer Files Form 144 to Sell $4.88M in Common Stock
Snowflake Inc.
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Filing Summary
Form 144 Notice of Proposed Sale of Securities
Issuer: Snowflake Inc. (NYSE: SNOW) Filer: Christian Kleinerman (Officer) Shares to Sell: 15,000 Common Shares Aggregate Market Value: $4,883,550.00 (~$325.57/share) Approximate Sale Date: September 1, 2026 Broker: Fidelity Brokerage Services LLC Trading Plan: Rule 10b5-1 adopted on December 26, 2025
Comprehensive Analysis
Executive Summary
On September 1, 2026, Christian Kleinerman, an Officer of Snowflake Inc. (CIK: 0001640147), filed a Form 144 notice disclosing the proposed sale of 15,000 shares of common stock with an aggregate market value of approximately $4.88 million. The transaction is scheduled to take place on or around September 1, 2026, through Fidelity Brokerage Services LLC.
Transaction Details
- Security Class: Common Stock
- Number of Shares: 15,000
- Aggregate Value: $4,883,550.00 ($325.57 per share)
- Shares Outstanding: 346,600,000
- Acquisition Origin: 15,000 founders shares acquired on December 15, 2017, directly from the issuer as compensation.
- Trading Plan: Executed under a pre-established Rule 10b5-1 trading plan adopted on December 26, 2025.
Recent Trading Activity
In the preceding three months, Christian Kleinerman and affiliated entities (Kleinerman 2020 Dynasty LLC and Kleinerman 2020 Nonexempt LLC) have conducted several sales totaling 90,336 shares for aggregate gross proceeds of approximately $26.84 million.
Significance
The proposed sale represents a fraction of the total shares outstanding and is executed under a pre-arranged Rule 10b5-1 plan, indicating routine portfolio diversification rather than an unscripted market timing signal.
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