Snowflake Officer Christian Kleinerman Files Form 144 to Sell $5.12M in Common Stock
Snowflake Inc.
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Filing Summary
# Form 144 Notice: Snowflake Inc. (NYSE: SNOW)
**Filer:** Christian Kleinerman (Officer)
**Filing Date:** October 1, 2026
**Proposed Sale Amount:** 15,000 shares
**Aggregate Value:** $5,123,550.00 (~$341.57/share)
**Trading Plan:** Rule 10b5-1 (Adopted 12/26/2025)
**Broker:** Fidelity Brokerage Services LLC
Comprehensive Analysis
Overview
On October 1, 2026, Christian Kleinerman, an Officer at Snowflake Inc. (NYSE: SNOW), submitted a Form 144 filing disclosing the intention to sell 15,000 shares of common stock with an aggregate market value of $5,123,550.00, indicating an approximate price of $341.57 per share.
Transaction Details
- Securities to be Sold: 15,000 Common shares originally acquired on December 15, 2017, as Founder's Shares / compensation.
- Broker: Fidelity Brokerage Services LLC.
- Rule 10b5-1 Plan: The filing indicates a trading plan adopted on December 26, 2025, satisfying the cooling-off period requirements.
Historical Selling Pattern
The filing documents extensive selling activity over the prior three months through personal holdings as well as affiliated entities (Kleinerman 2020 Dynasty LLC and Kleinerman 2020 Nonexempt LLC):
- July 2026: 34,986 shares sold for ~$9.83M gross proceeds.
- August 2026: 40,000 shares sold for ~$12.72M gross proceeds.
- September 2026: 33,338 shares sold for ~$11.45M gross proceeds.
Market & Significance Assessment
- Significance: Medium. While the transaction value exceeds $5 million and reflects continued substantial profit-taking by an executive officer, the sales are executed under a pre-established Rule 10b5-1 trading plan adopted in December 2025.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
