Daniel Karen L 4

What Happened

• Karen L. Daniel, a director of Snap-on Inc. (SNA), received a grant of 520 restricted shares (transaction code A) on February 12, 2026. No purchase price or market value was reported on the Form 4 (price shown as N/A), so no cash changed hands in an open-market trade.

Key Details

• Transaction date: 2026-02-12 (filing date: 2026-02-12).
• Transaction type: Award/grant of restricted stock (code A).
• Shares granted: 520 restricted shares; price reported as N/A.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Relevant footnotes:
  • F1: Grant of restricted stock from the company.
  • F2: “1 for 1.”
  • F3: Restrictions lapse upon the earliest of retirement from the Board, death, or a change in control. If the director leaves the Board before age 70, the underlying shares will be delivered at the reporting person’s 70th birthday (either in one lump sum or five equal annual installments, per any deferral election).
• Timeliness: Report was filed the same day as the transaction date in the Form 4 header (no late filing indicated).

Context

• This was an equity award (restricted stock), not an open-market buy or sale. Restricted-share grants are typically part of compensation or retention packages and come with vesting/delivery conditions; they do not necessarily signal immediate buying or selling intent. The reported restrictions and delivery terms (see F3) define when the director will actually receive the shares.