|4Feb 10, 5:54 PM ET

Arregui Jesus 4

4 · Snap-on Inc · Filed Feb 10, 2026

Research Summary

AI-generated summary of this filing

Updated

Snap-on (SNA) Sr VP Jesus Arregui Exercises RSUs; 594 Shares Withheld

What Happened

  • Jesus Arregui, Senior Vice President & President — Commercial at Snap-on Inc., had 1,332 restricted stock units convert to common shares on Feb 9, 2026 (reported on Form 4 filed Feb 10, 2026). Of those shares, 594 were withheld to cover tax withholding at $368.12 per share, yielding a withheld value of $218,663. The filing shows the RSU conversion (transaction code M) and the tax-withholding share disposition (transaction code F).

Key Details

  • Transaction date: 2026-02-09; Form 4 filed: 2026-02-10 (timely filing).
  • Shares converted/acquired: 1,332 (derivative conversion/vesting).
  • Shares withheld/disposed for taxes: 594 at $368.12 each; total withheld value $218,663.
  • Shares owned after the transaction: not specified in the supplied filing excerpt.
  • Relevant footnotes: F1/F5 indicate these were restricted stock units that vested after the required service period; F3 confirms shares were withheld to cover tax withholding on the vesting.
  • Transaction codes explained: M = exercise/conversion of derivative (here, RSU vesting); F = payment of exercise price or tax liability (here, share withholding for taxes).

Context

  • This was a standard net-share settlement of vested RSUs (shares issued and a portion withheld to pay taxes), not an open-market sale or purchase. Such withholding is routine and reflects tax payment, not a discretionary sale of shares.

Insider Transaction Report

Form 4
Period: 2026-02-09
Arregui Jesus
Sr VP & President - Commercial
Transactions
  • Exercise/Conversion

    Common Stock

    [F1][F2]
    2026-02-09+1,3323,974.344 total
  • Tax Payment

    Common Stock

    [F3]
    2026-02-09$368.12/sh594$218,6633,380.344 total
  • Exercise/Conversion

    Restricted Stock Units

    [F4][F1][F5]
    2026-02-091,3320 total
    From: 2026-02-09Exp: 2026-02-09Common Stock (1,332 underlying)
Holdings
  • Stock Appreciation Rights

    [F6]
    Exercise: $168.70Exp: 2027-02-09Common Stock (7,500 underlying)
    7,500
  • Stock Appreciation Rights

    [F6]
    Exercise: $161.18Exp: 2028-02-15Common Stock (5,674 underlying)
    5,674
  • Stock Appreciation Rights

    [F6]
    Exercise: $155.34Exp: 2030-02-13Common Stock (13,500 underlying)
    13,500
  • Stock Appreciation Rights

    [F6]
    Exercise: $189.89Exp: 2031-02-11Common Stock (9,672 underlying)
    9,672
  • Stock Appreciation Rights

    [F6]
    Exercise: $211.67Exp: 2032-02-10Common Stock (8,003 underlying)
    8,003
  • Stock Appreciation Rights

    [F6]
    Exercise: $249.26Exp: 2033-02-09Common Stock (5,830 underlying)
    5,830
  • Stock Appreciation Rights

    [F7]
    Exercise: $269.00From: 2025-02-15Exp: 2034-02-15Common Stock (5,463 underlying)
    5,463
  • Stock Appreciation Rights

    [F7]
    Exercise: $339.73From: 2026-02-13Exp: 2035-02-13Common Stock (4,273 underlying)
    4,273
  • Restricted Stock Units

    [F4][F5]
    From: 2027-02-15Exp: 2027-02-15Common Stock (1,178 underlying)
    1,178
  • Restricted Stock Units

    [F4][F5]
    From: 2028-02-13Exp: 2028-02-13Common Stock (999 underlying)
    999
  • Performance Units

    [F4][F8]
    Common Stock (2,663 underlying)
    2,663
  • Performance Units

    [F4][F9]
    Common Stock (2,357 underlying)
    2,357
  • Performance Units

    [F4][F10]
    Common Stock (1,999 underlying)
    1,999
Footnotes (10)
  • [F1]The restricted stock units reported above vested on the date indicated based on continued employment of the reporting person throughout the three-year restricted period.
  • [F10]If the Company achieves certain goals over the 2025-2027 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
  • [F2]Includes 0.0094 shares acquired under a dividend reinvestment plan.
  • [F3]Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
  • [F4]1 for 1.
  • [F5]The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
  • [F6]Stock appreciation rights grant fully vested.
  • [F7]Original stock appreciation rights grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
  • [F8]If the Company achieves certain goals over the 2023-2025 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
  • [F9]If the Company achieves certain goals over the 2024-2026 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Jesus Arregui|2026-02-10

Documents

2 files
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT

  • EX-24

    POWER OF ATTORNEY (PUBLIC): POWER OF ATTORNEY