Bauerschmidt Mary Ellen 4

What Happened
Mary Ellen Bauerschmidt, Senior Vice President–HR & Chief Development Officer at Snap-on Inc., had restricted stock units convert to 472 shares on February 9, 2026 (reported on Form 4). To satisfy tax withholding, 200 of those shares were surrendered/ disposed at $368.12 per share, producing proceeds of $73,624. The remaining 272 shares were retained by the reporting person (472 acquired minus 200 withheld).

Key Details

• Transaction date: 2026-02-09 (reported 2026-02-10; timely filing).
• Converted/vested: 472 shares (derivative conversion/exercise — code M).
• Tax withholding: 200 shares disposed at $368.12 each for $73,624 (code F). Footnote F3 confirms shares were withheld to cover tax withholding upon vesting. Footnote F1 notes the RSUs vested based on continued employment.
• Shares owned after transaction: not explicitly reported in the provided excerpt.
• Plan reference: filing references plan statement dated Dec 31, 2025 (F12).

Context
This appears to be a routine RSU vesting with a net settlement for taxes (shares withheld/sold), not an open-market sale for investment purposes. Such withholding transactions are common and generally reflect tax obligations rather than a directional insider trade.