JONES NATHAN J 4

What Happened
Nathan J. Jones, a director of Snap-on Inc. (SNA), was granted 520 restricted shares on February 12, 2026. The grant is reported as an award (transaction code A); no purchase price or aggregate value is listed (N/A). This is a grant of restricted stock rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-12 (reported on Form 4 filed the same day).
• Shares granted: 520 restricted shares; price per share: N/A; total value: N/A.
• Shares owned after transaction: not provided in the supplied data.
• Footnotes: F1 = grant of restricted stock; F2 = 1-for-1 (each unit equals one share); F3 = restrictions lapse upon the earliest of retirement from the Board, death, or a change in control; if the director retires before age 70, underlying shares will be delivered in one lump sum on the earlier of the director’s 70th birthday, death, or change in control.
• Timeliness: filing appears timely (transaction and report date both 2026-02-12).

Context
Restricted stock awards are compensation/retention tools for directors and are not the same as a purchase (which can signal bullish intent) or a sale. The vesting and delivery conditions here mean the shares remain subject to transfer restrictions until the specified events, so this grant does not immediately increase freely tradable shares.