Chambers Timothy L 4
4 · Snap-on Inc · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Snap-on (SNA) Sr. VP Timothy Chambers Receives 1,332 Shares
What Happened
- Timothy L. Chambers, Senior Vice President and President — Tools at Snap-on Inc., had 1,332 restricted stock units convert to shares on Feb 9, 2026. To cover tax withholding, 596 of those shares were withheld (reported at $368.12 per share, totaling $219,400), leaving a net 736 shares issued to him.
- This was a vesting/conversion event (routine compensation vesting), not an open-market purchase or sale of stock for investment.
Key Details
- Transaction date: 2026-02-09.
- Conversion/vesting: 1,332 shares issued (transaction code M — exercise/conversion of derivative per form).
- Tax withholding: 596 shares withheld at $368.12 each = $219,400 (transaction code F).
- Net shares delivered to insider: 736 (1,332 issued − 596 withheld).
- Footnotes: F1/F4 indicate the restricted stock units vested based on continued employment after a three‑year restricted period; F2 confirms shares were withheld to cover tax withholding; F3 indicates a 1-for-1 conversion.
- Shares owned after the transaction: not reported in the provided filing.
- Filing timeliness: no late-filing indication provided (appears to be routine, timely disclosure).
Context
- This was a standard equity-compensation vesting event. The withholding of shares to satisfy tax liabilities is common and should be viewed as administrative rather than an insider opinion about the stock.
- The form shows conversion/vesting of equity rather than a market purchase or sale by the insider; purchases are generally more informative about insider conviction than routine vesting events.
Insider Transaction Report
Form 4
Snap-on IncSNA
Chambers Timothy L
Sr VP & Pres - Tools
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-09+1,332→ 20,812.418 total - Tax Payment
Common Stock
[F2]2026-02-09$368.12/sh−596$219,400→ 20,216.418 total - Exercise/Conversion
Restricted Stock Units
[F3][F1][F4]2026-02-09−1,332→ 0 totalFrom: 2026-02-09Exp: 2026-02-09→ Common Stock (1,332 underlying)
Holdings
- 9,500
Stock Option (Right to Buy)
[F5]Exercise: $168.70Exp: 2027-02-09→ Common Stock (9,500 underlying) - 7,594
Stock Option (Right to Buy)
[F5]Exercise: $161.18Exp: 2028-02-15→ Common Stock (7,594 underlying) - 12,000
Stock Option (Right to Buy)
[F5]Exercise: $155.92Exp: 2029-02-14→ Common Stock (12,000 underlying) - 13,500
Stock Option (Right to Buy)
[F5]Exercise: $155.34Exp: 2030-02-13→ Common Stock (13,500 underlying) - 9,672
Stock Option (Right to Buy)
[F5]Exercise: $189.89Exp: 2031-02-11→ Common Stock (9,672 underlying) - 8,003
Stock Option (Right to Buy)
[F5]Exercise: $211.67Exp: 2032-02-10→ Common Stock (8,003 underlying) - 5,830
Stock Option (Right to Buy)
[F5]Exercise: $249.26Exp: 2033-02-09→ Common Stock (5,830 underlying) - 5,463
Stock Option (Right to Buy)
[F6]Exercise: $269.00From: 2025-02-15Exp: 2034-02-15→ Common Stock (5,463 underlying) - 4,273
Stock Option (Right to Buy)
[F6]Exercise: $339.73From: 2026-02-13Exp: 2035-02-13→ Common Stock (4,273 underlying) - 1,178
Restricted Stock Units
[F3][F4]From: 2027-02-15Exp: 2027-02-15→ Common Stock (1,178 underlying) - 999
Restricted Stock Units
[F3][F4]From: 2028-02-13Exp: 2028-02-13→ Common Stock (999 underlying) - 2,663
Performance Units
[F3][F7]→ Common Stock (2,663 underlying) - 2,357
Performance Units
[F3][F8]→ Common Stock (2,357 underlying) - 1,999
Performance Units
[F3][F9]→ Common Stock (1,999 underlying)
Footnotes (9)
- [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.
- [F2]Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
- [F3]1 for 1.
- [F4]The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
- [F5]Option fully vested.
- [F6]Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- [F7]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.
- [F8]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.
- [F9]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.
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Timothy L. Chambers|2026-02-10