Arregui Jesus 4

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.