|4Feb 10, 5:59 PM ET

Chambers Timothy L 4

4 · Snap-on Inc · Filed Feb 10, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-02-09
Chambers Timothy L
Sr VP & Pres - Tools
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-09+1,33220,812.418 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-09$368.12/sh596$219,40020,216.418 total
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F1][F4]
    2026-02-091,3320 total
    From: 2026-02-09Exp: 2026-02-09Common Stock (1,332 underlying)
Holdings
  • Stock Option (Right to Buy)

    [F5]
    Exercise: $168.70Exp: 2027-02-09Common Stock (9,500 underlying)
    9,500
  • Stock Option (Right to Buy)

    [F5]
    Exercise: $161.18Exp: 2028-02-15Common Stock (7,594 underlying)
    7,594
  • Stock Option (Right to Buy)

    [F5]
    Exercise: $155.92Exp: 2029-02-14Common Stock (12,000 underlying)
    12,000
  • Stock Option (Right to Buy)

    [F5]
    Exercise: $155.34Exp: 2030-02-13Common Stock (13,500 underlying)
    13,500
  • Stock Option (Right to Buy)

    [F5]
    Exercise: $189.89Exp: 2031-02-11Common Stock (9,672 underlying)
    9,672
  • Stock Option (Right to Buy)

    [F5]
    Exercise: $211.67Exp: 2032-02-10Common Stock (8,003 underlying)
    8,003
  • Stock Option (Right to Buy)

    [F5]
    Exercise: $249.26Exp: 2033-02-09Common Stock (5,830 underlying)
    5,830
  • Stock Option (Right to Buy)

    [F6]
    Exercise: $269.00From: 2025-02-15Exp: 2034-02-15Common Stock (5,463 underlying)
    5,463
  • Stock Option (Right to Buy)

    [F6]
    Exercise: $339.73From: 2026-02-13Exp: 2035-02-13Common Stock (4,273 underlying)
    4,273
  • Restricted Stock Units

    [F3][F4]
    From: 2027-02-15Exp: 2027-02-15Common Stock (1,178 underlying)
    1,178
  • Restricted Stock Units

    [F3][F4]
    From: 2028-02-13Exp: 2028-02-13Common Stock (999 underlying)
    999
  • Performance Units

    [F3][F7]
    Common Stock (2,663 underlying)
    2,663
  • Performance Units

    [F3][F8]
    Common Stock (2,357 underlying)
    2,357
  • Performance Units

    [F3][F9]
    Common Stock (1,999 underlying)
    1,999
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

Documents

2 files
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT

  • EX-24

    POWER OF ATTORNEY (PUBLIC): POWER OF ATTORNEY