Chambers Timothy L 4

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.