OZOLINS MARTY V. 4
4 · Snap-on Inc · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Snap‑on (SNA) VP Marty Ozolins Exercises/Converts Derivatives; Withholds 25 Shares
What Happened
- Marty V. Ozolins, Vice President & Controller of Snap‑on Inc. (SNA), converted/exercised derivative awards on Feb 9, 2026 to acquire a total of 315 shares (290 + 25). Of those, 25 shares were withheld/disposed to satisfy tax withholding obligations, generating $9,203 (25 × $368.12). Other exercised/conversion entries show no cash amount reported (N/A), indicating stock‑settled conversions rather than open‑market cash sales.
Key Details
- Transaction date: 2026-02-09; Form filed 2026-02-10 (timely).
- Actions reported: code M = exercise/conversion of derivative; code F = payment of exercise price or tax liability (share withholding).
- Shares: 290 shares and 25 shares converted/acquired; 25 shares disposed/withheld for taxes. Total shares involved = 315.
- Cash reported: $9,203 for tax withholding (25 shares × $368.12). Other lines list price as N/A.
- Shares owned after transaction: not disclosed in the provided filing details.
- Relevant footnotes: F1 indicates certain restricted stock units vested and some were deferred; F3 notes shares were withheld to cover tax withholding upon vesting.
Context
- This appears to be a stock‑settled conversion/exercise with shares withheld to cover taxes (not an open‑market sale). For retail investors, conversions or vesting are typically routine compensation events and do not necessarily signal a change in insider confidence. Transaction codes: M = exercised/converted derivatives; F = tax/withholding disposition.
Insider Transaction Report
Form 4
Snap-on IncSNA
OZOLINS MARTY V.
Vice President & Controller
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-09+25→ 1,461.055 total - Tax Payment
Common Stock
[F3]2026-02-09$368.12/sh−25$9,203→ 1,436.055 total - Exercise/Conversion
Restricted Stock Units
[F4][F1][F5]2026-02-09−25→ 290 totalFrom: 2026-02-09Exp: 2026-02-09→ Common Stock (25 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F1][F5]2026-02-09−290→ 0 totalFrom: 2026-02-09Exp: 2026-02-09→ Common Stock (290 underlying) - Exercise/Conversion
Deferred Stock Units
[F4][F1][F6][F7]2026-02-09+290→ 3,242.991 total→ Common Stock (290 underlying)
Holdings
- 800
Stock Option (Right to Buy)
[F8]Exercise: $168.70Exp: 2027-02-09→ Common Stock (800 underlying) - 1,000
Stock Option (Right to Buy)
[F8]Exercise: $161.18Exp: 2028-02-15→ Common Stock (1,000 underlying) - 1,250
Stock Option (Right to Buy)
[F8]Exercise: $155.92Exp: 2029-02-14→ Common Stock (1,250 underlying) - 1,300
Stock Option (Right to Buy)
[F8]Exercise: $155.34Exp: 2030-02-13→ Common Stock (1,300 underlying) - 1,316
Stock Option (Right to Buy)
[F8]Exercise: $189.89Exp: 2031-02-11→ Common Stock (1,316 underlying) - 1,676
Stock Option (Right to Buy)
[F8]Exercise: $211.67Exp: 2032-02-10→ Common Stock (1,676 underlying) - 1,377
Stock Option (Right to Buy)
[F8]Exercise: $249.26Exp: 2033-02-09→ Common Stock (1,377 underlying) - 1,356
Stock Option (Right to Buy)
[F9]Exercise: $269.00From: 2025-02-15Exp: 2034-02-15→ Common Stock (1,356 underlying) - 1,068
Stock Option (Right to Buy)
[F9]Exercise: $339.73From: 2026-02-13Exp: 2035-02-13→ Common Stock (1,068 underlying) - 292
Restricted Stock Units
[F4][F5]From: 2027-02-15Exp: 2027-02-15→ Common Stock (292 underlying) - 250
Restricted Stock Units
[F4][F5]From: 2028-02-13Exp: 2028-02-13→ Common Stock (250 underlying) - 629
Performance Units
[F4][F10]→ Common Stock (629 underlying) - 585
Performance Units
[F4][F11]→ Common Stock (585 underlying) - 499
Performance Units
[F4][F12]→ Common Stock (499 underlying)
Footnotes (12)
- [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. The reporting person elected to defer a portion of the restricted stock units on vesting.
- [F10]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.
- [F11]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.
- [F12]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.
- [F2]Includes 89.2570 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 24.9071 shares acquired under a dividend reinvestment plan.
- [F3]Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
- [F4]1 for 1.
- [F5]The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
- [F6]Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
- [F7]This information is based on a plan statement dated December 31, 2025, as updated by the transaction being reported on this Form 4.
- [F8]Option fully vested.
- [F9]Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Marty V. Ozolins|2026-02-10