Snowflake EVP of Product Management Sells $8.68M in Common Stock Under Rule 10b5-1 Plan
Snowflake Inc.
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Filing Summary
# Insider Transaction Alert: Snowflake Inc. (SNOW)
**Insider:** Kleinerman Christian (EVP, Product Management)
**Filing Date:** September 3, 2026
**Transaction Details:** Sold 25,000 shares across multiple transactions totaling ~$8.68M
- 15,000 shares direct at $325.57 ($4.88M)
- 10,000 shares indirect via LLC at $380.00 ($3.80M)
**Remaining Direct Holdings:** 325,379 shares
**Plan Details:** Executed under a Rule 10b5-1 trading plan adopted December 26, 2025.
Comprehensive Analysis
Insider Trading Summary: Snowflake Inc. ($SNOW)
Overview
On September 3, 2026, Christian Kleinerman, Executive Vice President of Product Management at Snowflake Inc., reported open market sales of 25,000 shares of Snowflake Common Stock for an aggregate value of approximately $8,683,550.
Transaction Breakdown
- Direct Disposition (September 1, 2026): Sold 15,000 shares at a price of $325.57 per share ($4,883,550 total). Direct post-transaction beneficial ownership stands at 325,379 shares (including unvested RSUs).
- Indirect Disposition (September 3, 2026): Sold 10,000 shares at $380.00 per share ($3,800,000 total) held through Kleinerman 2020 Dynasty LLC, leaving 18,568 shares held by the LLC.
Additional Holdings & Estate Planning
In addition to the 325,379 shares held directly and 18,568 shares held via LLC, the insider maintains substantial indirect ownership across multiple Grantor Retained Annuity Trusts (GRATs):
- 2023 GRAT: 32,716 shares
- 2024 GRAT: 85,085 shares
- 2025 GRAT: 100,000 shares
- 2026 GRAT: 100,000 shares
Governance and Context
All transactions were executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on December 26, 2025. Given the pre-scheduled nature of the sales and substantial remaining equity positions across direct holdings and trusts (over 660,000 total shares), this transaction represents standard executive liquidity and diversification.
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