LEHMAN WILLIAM DUDLEY 4

What Happened
William Dudley, a member of Snap-on Inc.'s Board of Directors, was granted 520 shares as an award (Form 4 transaction code A) on February 12, 2026. The award is listed as restricted stock (footnote F1). No purchase price or cash value is reported on the Form 4 (price shown as N/A), so no immediate dollar value is provided.

Key Details

• Transaction date: 2026-02-12 (Form 4 filed the same day).
• Transaction type: Award/Grant (A) — 520 shares; price: N/A.
• Post-transaction holdings: Not specified in this filing.
• Footnotes: F1 = grant of restricted stock; F2 = 1-for-1 (each award represents one share); F3 = restrictions lapse and underlying shares are delivered upon the earliest of retirement from the Board, death, or a change in control.
• Timeliness: Filing matches the transaction date (no late filing indicated).

Context
Restricted stock awards are shares granted subject to forfeiture or transfer restrictions until specified conditions are met; they are not immediately free to sell. In this case, vesting/delivery is contingent on retirement from the Board, death, or a change in control rather than a standard time-based schedule. Such awards are commonly used for director compensation and do not, by themselves, indicate the director's trading sentiment.