Arregui Jesus 4
4 · Snap-on Inc · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
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
Snap-on IncSNA
Arregui Jesus
Sr VP & President - Commercial
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-09+1,332→ 3,974.344 total - Tax Payment
Common Stock
[F3]2026-02-09$368.12/sh−594$218,663→ 3,380.344 total - Exercise/Conversion
Restricted Stock Units
[F4][F1][F5]2026-02-09−1,332→ 0 totalFrom: 2026-02-09Exp: 2026-02-09→ Common Stock (1,332 underlying)
Holdings
- 7,500
Stock Appreciation Rights
[F6]Exercise: $168.70Exp: 2027-02-09→ Common Stock (7,500 underlying) - 5,674
Stock Appreciation Rights
[F6]Exercise: $161.18Exp: 2028-02-15→ Common Stock (5,674 underlying) - 13,500
Stock Appreciation Rights
[F6]Exercise: $155.34Exp: 2030-02-13→ Common Stock (13,500 underlying) - 9,672
Stock Appreciation Rights
[F6]Exercise: $189.89Exp: 2031-02-11→ Common Stock (9,672 underlying) - 8,003
Stock Appreciation Rights
[F6]Exercise: $211.67Exp: 2032-02-10→ Common Stock (8,003 underlying) - 5,830
Stock Appreciation Rights
[F6]Exercise: $249.26Exp: 2033-02-09→ Common Stock (5,830 underlying) - 5,463
Stock Appreciation Rights
[F7]Exercise: $269.00From: 2025-02-15Exp: 2034-02-15→ Common Stock (5,463 underlying) - 4,273
Stock Appreciation Rights
[F7]Exercise: $339.73From: 2026-02-13Exp: 2035-02-13→ Common Stock (4,273 underlying) - 1,178
Restricted Stock Units
[F4][F5]From: 2027-02-15Exp: 2027-02-15→ Common Stock (1,178 underlying) - 999
Restricted Stock Units
[F4][F5]From: 2028-02-13Exp: 2028-02-13→ Common Stock (999 underlying) - 2,663
Performance Units
[F4][F8]→ Common Stock (2,663 underlying) - 2,357
Performance Units
[F4][F9]→ Common Stock (2,357 underlying) - 1,999
Performance Units
[F4][F10]→ Common Stock (1,999 underlying)
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