Snowflake EVP Kleinerman Sells 2,500 Shares for $688,000
Christian Kleinerman, EVP of Product Management at Snowflake Inc., sold 2,500 shares of common stock on July 14, 2026, for a total transaction value of approximately $688,000 based on a weighted average sale price of $275.00 per share. The sale was conducted under a Rule 10b5-1 trading plan established six months prior, indicating it was a pre-planned, non-discretionary transaction for personal financial management. Following the sale, Kleinerman retains a substantial beneficial interest in Snowflake, holding 395,379 shares directly and 361,355 shares indirectly through various trusts and LLCs, representing approximately 0.22% of the company with a total market valuation of $208.81 million. The article notes that the sale represents only 0.33% of his holdings, suggesting continued confidence. Snowflake shares had generated a 29% one-year return as of the transaction date, and the company has a market capitalization of $94.2 billion with TTM revenue of $5.0 billion.
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