Ward Thomas J 4

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.