GILLIS RUTH ANN M 4

What Happened
Ruth Ann M. Gillis, a director of Snap-on Inc. (SNA), was granted 520 restricted shares on 2026-02-12. The filing lists no per-share price (N/A) because this is an equity award rather than an open-market purchase or sale. The award is scheduled for issuance in a lump sum after the earliest of July 25, 2029, death, or a change of control.

Key Details

• Transaction date: 2026-02-12; transaction type: Award/Grant (Form 4 code A).
• Shares granted: 520 restricted shares; price: N/A (award).
• Vesting/issuance: Lump-sum issuance after the earliest of July 25, 2029, death, or a change of control (footnote F3).
• Other notes: Grant of restricted stock (F1); 1-for-1 (F2); filing notes inclusion of 53.918 deferred stock units acquired via exempt dividend reinvestments (F4).
• Shares owned after transaction: Not specified in the filing; filing indicates holdings include the 53.918 deferred stock units noted above.
• Filing timeliness: Reported with a period/end date of 2026-02-12; no late filing indicated.

Context
This was a compensation grant to a director (restricted stock) rather than a market purchase or sale. Restricted share awards typically vest or are issued later and may not be tradable until vested or issued, so they do not directly signal an insider buying or selling in the open market. Director awards are common as part of compensation and should be viewed as routine unless accompanied by other unusual insider activity.