KNUEPPEL HENRY W 4
Research Summary
AI-generated summary
Snap-on (SNA) Director Henry W. Knueppel Receives 520-Share Award
What Happened
- Henry W. Knueppel, a director of Snap-on Inc. (SNA), was granted 520 restricted shares on February 12, 2026. The award is reported as an "A" (award/grant) in the Form 4; no purchase price or immediate cash value is shown (price = N/A). This is a compensation award to a director, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-12 (filing date: 2026-02-12).
- Transaction type: Grant of restricted stock (Code A).
- Shares acquired: 520; per filing price listed as N/A (award, not a purchase).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F1 = grant of restricted stock; F2 = 1-for-1 (each restricted share converts to one common share); F3 = restrictions lapse and shares will be delivered upon the earliest of retirement from the Board, death, or a change in control.
- Timeliness: Filing date matches the transaction date in the report provided, indicating a timely Form 4 filing.
Context
- This is a director compensation award and typically reflects standard board pay practices rather than a direct signal about the director’s view of the company. The shares are restricted and not freely tradable until the conditions in F3 are met, so this does not increase immediately tradable insider holdings.
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