Snowflake Inc. [SNOW]

Reporting date: 10/08/2025

⚠️ Neutral Insider Mix Detected

📝 What Happened

  • Insider: Kleinerman Christian; ROBINS BRIAN G
  • Role: EVP, Product Management; Chief Financial Officer
  • Company: Snowflake Inc. (SNOW)
  • Transaction Date(s): 2025-10-08
  • Table I (Non-Derivative Securities)
    • Sale : 5,000
    • Average Sale Price: $250.00
    • Total Value: $1,250,000
    • Post-Transaction Direct Holdings: Kleinerman: 532,450 D; ROBINS BRIAN G: 149,058 D
    • Indirect Holdings: Kleinerman: 248,654 I (LLC and various GRATs); ROBINS BRIAN G: 0 I reported
    • 10b5-1 Plan Used? Yes (Kleinerman sale); No (ROBINS acquisitions)

📄 Summary

Kleinerman Christian and ROBINS BRIAN G, EVP, Product Management & Chief Financial Officer at Snowflake Inc. (SNOW), mixed (sold and acquired) 154,058 shares on October 8, 2025, at an average price of $250.00 and at a reported price of $0.00, realizing proceeds of about ~$1,250,000. After the transaction, they now hold/retain: Kleinerman — direct 532,450 shares; indirect 248,654 shares. ROBINS — direct 149,058 shares. For retail traders, this is a neutral event: structured 10b5-1 sale plus routine RSU vesting; not informative.

🔑 Interpretation

  • Type: Comp-related. The sale by Kleinerman was effected under a 10b5-1 plan (automated); ROBINS transactions are RSU vesting (comp/awarded).
  • Disposition: Kleinerman’s shares were sold (disposed) under the plan; ROBINS’s shares were acquired/issued (vested) and not sold in this filing.
  • Size Context: The 5,000-share sale is small relative to Kleinerman’s direct holdings (≈0.94% of 532,450 direct shares). ROBINS’s reported additions are RSU vesting events that increase holdings and are routine compensation rather than open-market purchases.
  • ATH Metric: There is no clear indication the trades were timed at an all-time high or low. Using typical recent-price context (no live ATH/ATL lookup in the filing), the activity appears ordinary and not obviously opportunistic relative to major historical extremes.
  • Outlier Check: Not an outlier. Kleinerman’s sale is modest compared with his overall holdings; ROBINS’s vesting volumes are large in absolute terms but consistent with scheduled RSU grants/vesting.

📊 Bullish or Bearish?

Decide: Neutral

Neutral. The filing shows a small, automated sale under a 10b5-1 plan and significant RSU vesting (code A) for the CFO — net effect is mixed and largely comp-related; no broad insider dumping or coordinated buys are evident, and the data is complete for these transactions. Cluster activity cannot be determined from this filing alone.

✅ Bottom Line (Retail Takeaway)

This transaction looks like routine profit-taking rather than a bearish signal. For retail traders, it’s noise, not a tradeable event — not worth short-/mid-term action unless corroborated by large, repeated sales from multiple senior insiders (CEO/CFO/Directors) or materially negative company news.