Kleinerman Christian 4

What Happened

• Christian Kleinerman, Executive Vice President, Product Management at Snowflake, received an award of 59,126 restricted stock units (RSUs) on 2026-02-24. The grant price was $0.00 (no cash paid). These RSUs were granted following the company’s determination that pre-established FY2026 financial performance goals were met.

Key Details

• Transaction date: 2026-02-24; filing date: 2026-02-26 (appears timely under Form 4 rules).
• Type: Award/Grant (code A); shares listed as 59,126 RSUs at $0.00 per share.
• Vesting: RSUs vest over four years — 25% on March 8, 2026, then 6.25% on each Quarterly Date (March 8, June 8, September 8, December 8) thereafter, subject to continued service.
• Footnotes: F1 explains the award is performance-based for FY2026 and details the vesting schedule; F2 notes shares to be issued upon vesting; F3–F7 describe various family/vehicle/trust holdings for which Kleinerman is manager or trustee.
• Shares owned after transaction: Not specified in the provided summary — see the full Form 4 for total beneficial ownership.

Context

• This was a performance-based RSU grant (not a market purchase or sale). The grant itself does not involve cash proceeds and does not directly indicate near-term buying or selling activity. The economic value will depend on Snowflake’s stock price at each vesting date and continued service through those dates.