Snowflake EVP Christian Kleinerman sells $9.75m in shares at $325
Executive Vice President of Product Management at Snowflake Inc., Christian Kleinerman, divested $9.75 million worth of shares on August 7, 2026. He sold 30,000 shares at $325 each, which was below the current price of $334.14 and near its 52-week high of $340.50. The sale was executed through a pre-set 10b5-1 trading plan adopted in December 2025.
Kleinerman now holds 340,379 shares directly, with additional beneficial ownership spread across multiple trusts. Snowflake has faced positive market reactions, with Evercore ISI raising its price target to $360 and Jefferies to $310, both maintaining Outperform ratings. UBS also reiterated its Buy rating with a $370 target, citing AI revenue potential.
The company's CEO, Sridhar Ramaswamy, was awarded a $448 million compensation package tied to market capitalization milestones.
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