Kleinerman Christian 4
4 · Snowflake Inc. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Snowflake (SNOW) EVP Christian Kleinerman Sells 6,009 Shares
What Happened
Christian Kleinerman, Executive Vice President, Product Management at Snowflake (SNOW), disposed of 6,009 shares between March 16–17, 2026. Two tax-withheld dispositions of 1,567 and 1,456 shares were recorded at $178.66 each (totaling $540,089), and an open-market sale of 2,986 shares occurred on March 17, 2026 at $175.34 per share for $523,565. Overall proceeds from these transactions were about $1.06 million. The tax-withheld actions relate to satisfying tax obligations on vested restricted stock units; the open-market sale was executed under a previously adopted 10b5-1 plan.
Key Details
- Transaction dates & prices:
- 2026-03-16: 1,567 shares withheld @ $178.66 = $279,960 (tax withholding)
- 2026-03-16: 1,456 shares withheld @ $178.66 = $260,129 (tax withholding)
- 2026-03-17: 2,986 shares sold @ $175.34 = $523,565 (open-market sale)
- Total shares disposed: 6,009; total proceeds ≈ $1,063,654.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Notable footnotes:
- F1: Withheld shares satisfy tax withholding on RSU vesting (routine cashless tax-satisfaction).
- F3: The March 17 sale was made pursuant to a 10b5-1 trading plan adopted Dec 19, 2024.
- F2: Includes 226 shares from a Section 423 ESPP purchase on Mar 12, 2026 and shares to be issued for RSU vesting.
- F4–F8: Some shares are held in family/estate entities and trusts (Kleinerman 2020 Dynasty LLC, other LLCs, and grantor retained annuity trusts) for which Mr. Kleinerman is manager or trustee.
- Filing: Report filed Mar 18, 2026 for transactions on Mar 16–17 — appears timely based on provided dates.
Context
- The two March 16 entries are routine tax-withholding dispositions tied to RSU vesting (not new purchases). The March 17 sale was a planned open-market sale under a 10b5-1 plan, which is a pre-authorized trading arrangement commonly used to avoid questions about timing.
- Sales by executives can be routine (taxes, diversification, pre-set plans) and do not by themselves indicate company outlook; purchases typically carry more direct bullish signal for retail investors.
Insider Transaction Report
Form 4
Snowflake Inc.SNOW
Kleinerman Christian
EVP, Product Management
Transactions
- Tax Payment
Common Stock
[F1][F2]2026-03-16$178.66/sh−1,567$279,960→ 500,494 total - Tax Payment
Common Stock
[F1][F2]2026-03-16$178.66/sh−1,456$260,129→ 499,038 total - Sale
Common Stock
[F3][F2]2026-03-17$175.34/sh−2,986$523,565→ 496,052 total
Holdings
- 38,568(indirect: By LLC)
Common Stock
[F4] - 5,086(indirect: By LLC)
Common Stock
[F5] - 32,716(indirect: 2023 GRAT)
Common Stock
[F6] - 85,085(indirect: 2024 GRAT)
Common Stock
[F7] - 100,000(indirect: 2025 GRAT)
Common Stock
[F8]
Footnotes (8)
- [F1]Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
- [F2]Includes (i) 226 shares acquired under a Section 423 Employee Stock Purchase Plan on March 12, 2026 and (ii) 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.
Signature
/s/ Marie Reider, Attorney-in-Fact|2026-03-18