OZOLINS MARTY V. 4

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.