HOLDEN JAMES P 4
Research Summary
AI-generated summary
Snap-on (SNA) Director James P. Holden Receives 37-Share Award
What Happened
- James P. Holden, a director of Snap-on Inc., was granted/received 37 shares on 2026-01-30 at an implicit price of $366.11 per share, for a total value of $13,546. The filing reports this as an award/acquisition (code A) tied to director compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-30; transaction type: Award/Acquisition (A)
- Price per share reported: $366.11; shares received: 37; total value: $13,546
- Shares owned after transaction: not specified in this filing
- Footnotes of note:
- F1: Payment of director fees in stock under the Company’s Directors’ 1993 Fee Plan (this award is compensation-related).
- F2: “Includes 21.65131 shares acquired under a dividend reinvestment plan.”
- F3: “1 for 1” (conversion ratio for awarded units to shares).
- F4: Restrictions on these shares lapse and the reporting person will receive the underlying shares upon the earliest of retirement from the Board, death, or a change in control (i.e., they are subject to vesting/transfer restrictions).
- Filing timeliness: filed with the reported transaction date (no late filing flagged).
Context
- This transaction is a routine director compensation award, not an open-market buy or sale; such awards compensate directors and do not necessarily signal personal bullish or bearish trading intent.
- The award appears to be restricted stock or stock units with specified conditions for when the underlying shares are delivered (see F4).