Ward Thomas J 4
4 · Snap-on Inc · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
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
Snap-on IncSNA
Ward Thomas J
Sr VP & President - RS&I Group
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-09+1,811→ 60,126.124 total - Tax Payment
Common Stock
[F3]2026-02-09$368.12/sh−746$274,618→ 59,380.124 total - Exercise/Conversion
Restricted Stock Units
[F4][F1][F5]2026-02-09−1,811→ 0 totalFrom: 2026-02-09Exp: 2026-02-09→ Common Stock (1,811 underlying)
Holdings
- 3,823
Stock Option (Right to Buy)
[F6]Exercise: $211.67Exp: 2032-02-10→ Common Stock (3,823 underlying) - 7,928
Stock Option (Right to Buy)
[F6]Exercise: $249.26Exp: 2033-02-09→ Common Stock (7,928 underlying) - 7,106
Stock Option (Right to Buy)
[F7]Exercise: $269.00From: 2025-02-15Exp: 2034-02-15→ Common Stock (7,106 underlying) - 5,342
Stock Option (Right to Buy)
[F7]Exercise: $339.73From: 2026-02-13Exp: 2035-02-13→ Common Stock (5,342 underlying) - 1,533
Restricted Stock Units
[F4][F5]From: 2027-02-15Exp: 2027-02-15→ Common Stock (1,533 underlying) - 1,249
Restricted Stock Units
[F4][F5]From: 2028-02-13Exp: 2028-02-13→ Common Stock (1,249 underlying) - 3,621
Performance Units
[F4][F8]→ Common Stock (3,621 underlying) - 3,065
Performance Units
[F4][F9]→ Common Stock (3,065 underlying) - 2,498
Performance Units
[F4][F10]→ Common Stock (2,498 underlying)
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