Snap-on Inc·4

Feb 10, 6:25 PM ET

Ward Thomas J 4

4 · Snap-on Inc · Filed Feb 10, 2026

Research Summary

AI-generated summary of this filing

Updated

Snap-on (SNA) Ward Thomas J Receives 1,811 Shares (RSU Vest)

What Happened

  • Ward Thomas J, Senior Vice President & President — RS&I Group at Snap-on (SNA), had 1,811 restricted stock units convert to common shares on February 9, 2026 (transaction code M — exercise/conversion of derivative). Of those shares, 746 were withheld to cover tax withholding at $368.12 per share for a total tax withholding value of $274,618 (transaction code F). The net shares retained from the vesting were 1,065 (1,811 - 746).

Key Details

  • Transaction date: 2026-02-09; Form filed: 2026-02-10 (timely filing).
  • Conversion/vesting: 1,811 shares (code M — exercise/conversion of derivative/security).
  • Tax withholding: 746 shares disposed at $368.12/share, total $274,618 (code F).
  • Net new shares retained: 1,065 shares.
  • Shares owned after transaction: not specified on the provided report.
  • Relevant footnotes: F1 (RSUs vested based on continued employment), F3 (shares were withheld to cover tax withholding upon vesting), F5 (RSUs vest three years from grant date).

Context

  • This was a vesting/conversion of restricted stock units, not an open-market purchase or voluntary sale. The withholding of 746 shares was a routine tax-withholding event tied to vesting, not a directional sale of shares on the open market.
  • Transaction codes: M = exercise/conversion of a derivative (here, RSUs converting to shares); F = shares withheld/used to pay tax liability.

Insider Transaction Report

Form 4
Period: 2026-02-09
Ward Thomas J
Sr VP & President - RS&I Group
Transactions
  • Exercise/Conversion

    Common Stock

    [F1][F2]
    2026-02-09+1,81160,126.124 total
  • Tax Payment

    Common Stock

    [F3]
    2026-02-09$368.12/sh746$274,61859,380.124 total
  • Exercise/Conversion

    Restricted Stock Units

    [F4][F1][F5]
    2026-02-091,8110 total
    From: 2026-02-09Exp: 2026-02-09Common Stock (1,811 underlying)
Holdings
  • Stock Option (Right to Buy)

    [F6]
    Exercise: $211.67Exp: 2032-02-10Common Stock (3,823 underlying)
    3,823
  • Stock Option (Right to Buy)

    [F6]
    Exercise: $249.26Exp: 2033-02-09Common Stock (7,928 underlying)
    7,928
  • Stock Option (Right to Buy)

    [F7]
    Exercise: $269.00From: 2025-02-15Exp: 2034-02-15Common Stock (7,106 underlying)
    7,106
  • Stock Option (Right to Buy)

    [F7]
    Exercise: $339.73From: 2026-02-13Exp: 2035-02-13Common Stock (5,342 underlying)
    5,342
  • Restricted Stock Units

    [F4][F5]
    From: 2027-02-15Exp: 2027-02-15Common Stock (1,533 underlying)
    1,533
  • Restricted Stock Units

    [F4][F5]
    From: 2028-02-13Exp: 2028-02-13Common Stock (1,249 underlying)
    1,249
  • Performance Units

    [F4][F8]
    Common Stock (3,621 underlying)
    3,621
  • Performance Units

    [F4][F9]
    Common Stock (3,065 underlying)
    3,065
  • Performance Units

    [F4][F10]
    Common Stock (2,498 underlying)
    2,498
Footnotes (10)
  • [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.
  • [F10]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 0.0429 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]Option fully vested.
  • [F7]Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
  • [F8]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.
  • [F9]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.
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Thomas J. Ward|2026-02-10

Documents

2 files
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT

  • EX-24

    POWER OF ATTORNEY (PUBLIC): POWER OF ATTORNEY