Pagliari Aldo John 4
Research Summary
AI-generated summary
Snap-on (SNA) CFO Aldo Pagliari Receives RSUs; Withholds 785 Shares
What Happened Aldo John Pagliari, Senior Vice President – Finance and Chief Financial Officer of Snap-on Inc., had 1,793 restricted stock units convert to common shares on February 9, 2026 (derivative exercise/conversion). Of those, 785 shares were withheld to satisfy tax withholding obligations at $368.12 per share (proceeds/value $288,974). The net shares delivered to Pagliari were 1,008, representing about $371,065 at the same per‑share value; the total vested value was roughly $660,039.
Key Details
- Transaction date: 2026-02-09; filing date: 2026-02-10 (filed timely).
- Conversion/exercise code: M (exercise or conversion of derivative — RSUs converted to shares).
- Tax withholding/payment code: F — 785 shares withheld at $368.12/share for $288,974.
- Net shares received: 1,008 (1,793 vested − 785 withheld).
- Footnotes: F1/F4 indicate these were restricted stock units that vested after a three‑year service period; F2 confirms shares were withheld to cover tax withholding.
- Shares owned after the transaction: not disclosed in the provided excerpt.
Context This was a routine RSU vesting with shares withheld to cover tax obligations (a common, non‑market sale event), not an open‑market sale or a purchase that signals a change in insider conviction. The M code here denotes conversion/exercise of a derivative (RSU → common shares) and F denotes tax withholding.
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