Snowflake EVP Kleinerman Sells 2,500 Shares for $688,000

Transaction summary

Transaction worth based connected SEC Form 4 weighted mean merchantability terms ($275.00); post-transaction worth based connected July 14, 2026 marketplace adjacent ($275.94).

Key questions

• What was the structural quality of this transaction?
  The merchantability was non-discretionary and followed the parameters of a Rule 10b5-1 trading program established six months prior, which allows insiders to merchantability a pre-determined fig of shares to negociate idiosyncratic fiscal allocations.

• How is the executive's remaining equity structured?
  Kleinerman maintains wide equity vulnerability done nonstop ownership of 395,379 shares and indirect ownership of 361,355 shares. These indirect holdings are distributed among the Kleinerman 2020 Dynasty LLC, the Kleinerman 2020 Nonexempt LLC, and 4 abstracted Grantor Retained Annuity Trusts (GRATs) dated betwixt 2023 and 2026.

• What is the marketplace discourse for this disposition?
  As of the July 14, 2026 transaction date, Snowflake shares had generated a 29% one-year return. Following the transaction, the executive's full beneficial involvement represents astir 0.22% of the company, with a full marketplace valuation of $208.81 cardinal arsenic of the July 14, 2026 close.

Company Overview

Company Snapshot

• Snowflake delivers a cloud-centric Data Cloud level that enables organizations to unify disparate information sources, extract concern intelligence, make data-driven applications, and facilitate unafraid information sharing crossed the United States and planetary markets.

• The institution operates connected a cloud-based software-as-a-service (SaaS) model, generating gross done subscription-based entree to its Data Cloud platform, which scales with lawsuit usage and information processing requirements.

• Snowflake serves a divers lawsuit basal spanning enterprises, mid-market organizations, and smaller businesses crossed aggregate industries seeking to consolidate and leverage their information assets for competitory advantage.

Snowflake is simply a starring unreality information level supplier with a marketplace capitalization of $94.2 cardinal and TTM gross of $5.0 billion, reflecting beardown marketplace request for unified information infrastructure solutions. The institution has demonstrated important maturation momentum, with its banal appreciating 29.23% implicit the past year, positioning it arsenic a captious enabler of endeavor information strategy and analytics. Snowflake's competitory vantage derives from its architecture that separates compute and storage, enabling flexible scalability and outgo ratio portion providing broad information governance and sharing capabilities crossed planetary lawsuit bases.