Form 4: Snowflake Executive Christian Kleinerman Sells 10,000 Shares

EVP of Product Management at Snowflake, Christian Kleinerman, sold 10,000 shares of Class A Common Stock on April 25, 2025, at a price of $160 per share, according to a Form 4 filing.

Summary

• Christian Kleinerman, EVP of Product Management at Snowflake Inc., sold 10,000 shares of Class A Common Stock on April 25, 2025.
• The sale was executed at a price of $160 per share.
• The transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on December 19, 2024.
• Following the transaction, Kleinerman directly owns 590,632 shares.
• Kleinerman also indirectly owns shares through several trusts and an LLC, including 33,499 shares via the 2022 GRAT, 100,000 shares via the 2023 GRAT, 100,000 shares via the 2024 GRAT, and 58,568 shares via the Kleinerman 2020 Dynasty LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.

Future Outlook

The filing does not contain any forward-looking statements regarding the company's future performance or prospects.

Industry Context

Executive stock sales are a common occurrence in publicly traded companies and are often related to personal financial planning. The use of a 10b5-1 trading plan suggests the sale was pre-planned and not based on insider information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates

Keywords

Snowflake, Christian Kleinerman, Form 4, Stock Sale, Executive, SNOW, 10b5-1 trading plan, Shares, Securities