Pagliari Aldo John 4
4 · Snap-on Inc · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Snap-on (SNA) CFO Aldo Pagliari Exercises Options, Receives Award
What Happened
- Aldo John Pagliari, Senior Vice President — Finance & Chief Financial Officer of Snap-on Inc., had performance-based awards vest and completed option/derivative conversions on February 12, 2026. The filing shows he was awarded 8,933 shares from grants (three awards) and converted/received 2,499 shares via derivative exercise, for a total of 11,432 shares acquired (reported as awards/derivative conversions at $0). To cover tax withholding and issuer dispositions, a total of 4,755 shares were surrendered or withheld (including 1,169 shares withheld to cover taxes, generating $442,525).
Key Details
- Transaction date: February 12, 2026. Form 4 filed: February 17, 2026 (appears later than the typical two-business-day filing window).
- Shares awarded (grants): 5,187 + 1,249 + 2,497 = 8,933 shares (grant price $0 — vested awards).
- Derivative conversions/exercises: 2,499 shares acquired; additional 2,499 derivative shares reported disposed.
- Shares surrendered/withheld: 1,169 shares withheld for tax payment (amount reported $442,525); 1,087 shares disposed to issuer; other derivative disposals total 2,499 shares — total surrendered/disposed = 4,755 shares.
- Footnotes of note:
- F1: 69.7% of the performance units for the 2023–2025 cycle vested (the awards were performance-based and had a 0–200% payout range).
- F2: Shares were withheld to cover tax withholding on the vesting.
- F3: 1-for-1 conversion ratio.
- Shares owned after the transactions are not specified in the provided excerpt of the filing.
Context
- These transactions appear compensation-related: performance units vested and were converted/awarded, and shares were withheld/surrendered to satisfy tax withholding and issuer requirements — a routine corporate compensation event rather than an open-market purchase or discretionary sale.
- The $442,525 figure reflects the tax withholding value from the withheld 1,169 shares. Because the Form 4 was filed five days after the transaction date (Feb 12 → filed Feb 17), the filing appears to be late relative to the usual two-business-day Form 4 deadline.
- For retail investors: awards and withholding are common for executives when restricted/performance units vest; such activity is not a direct bullish or bearish vote by the insider.
Insider Transaction Report
Form 4
Snap-on IncSNA
Pagliari Aldo John
Sr VP - Finance & CFO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-12+2,499→ 115,395.056 total - Tax Payment
Common Stock
[F2]2026-02-12$378.55/sh−1,169$442,525→ 114,226.056 total - Disposition to Issuer
Performance Units
[F3][F1]2026-02-12−1,087→ 2,499 total→ Common Stock (1,087 underlying) - Exercise/Conversion
Performance Units
[F3][F1]2026-02-12−2,499→ 0 total→ Common Stock (2,499 underlying) - Award
Stock Option (Right to Buy)
[F5][F4]2026-02-12+5,187→ 5,187 totalExercise: $378.55From: 2027-02-12Exp: 2036-02-12→ Common Stock (5,187 underlying) - Award
Restricted Stock Units
[F3][F6]2026-02-12+1,249→ 1,249 totalFrom: 2029-02-12Exp: 2029-02-12→ Common Stock (1,249 underlying) - Award
Performance Units
[F3][F7]2026-02-12+2,497→ 2,497 total→ Common Stock (2,497 underlying)
Holdings
- 36,000
Stock Option (Right to Buy)
[F8]Exercise: $168.70Exp: 2027-02-09→ Common Stock (36,000 underlying) - 26,052
Stock Option (Right to Buy)
[F8]Exercise: $161.18Exp: 2028-02-15→ Common Stock (26,052 underlying) - 23,500
Stock Option (Right to Buy)
[F8]Exercise: $155.92Exp: 2029-02-14→ Common Stock (23,500 underlying) - 23,500
Stock Option (Right to Buy)
[F8]Exercise: $155.34Exp: 2030-02-13→ Common Stock (23,500 underlying) - 14,986
Stock Option (Right to Buy)
[F8]Exercise: $189.89Exp: 2031-02-11→ Common Stock (14,986 underlying) - 11,252
Stock Option (Right to Buy)
[F8]Exercise: $211.67Exp: 2032-02-10→ Common Stock (11,252 underlying) - 7,850
Stock Option (Right to Buy)
[F8]Exercise: $249.26Exp: 2033-02-09→ Common Stock (7,850 underlying) - 7,106
Stock Option (Right to Buy)
[F4]Exercise: $269.00From: 2025-02-15Exp: 2034-02-15→ Common Stock (7,106 underlying) - 5,342
Stock Option (Right to Buy)
[F4]Exercise: $339.73From: 2026-02-13Exp: 2035-02-13→ Common Stock (5,342 underlying) - 1,533
Restricted Stock Units
[F3][F6]From: 2027-02-15Exp: 2027-02-15→ Common Stock (1,533 underlying) - 1,249
Restricted Stock Units
[F3][F6]From: 2028-02-13Exp: 2028-02-13→ Common Stock (1,249 underlying) - 3,065
Performance Units
[F3][F9]→ Common Stock (3,065 underlying) - 2,498
Performance Units
[F3][F10]→ Common Stock (2,498 underlying)
Footnotes (10)
- [F1]Based on Company performance during the 2023-2025 period, 69.7% of the performance units vested (as previously disclosed, the reporting person had the opportunity to earn up to 200% of the number originally reported, subject to plan limits).
- [F10]If the Company achieves certain goals over the 2025-2027 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
- [F2]Shares were withheld to cover tax withholding upon the vesting of performance units.
- [F3]1 for 1.
- [F4]Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- [F5]The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
- [F6]The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
- [F7]If the Company achieves certain goals over the 2026-2028 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
- [F8]Option fully vested.
- [F9]If the Company achieves certain goals over the 2024-2026 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Aldo J. Pagliari|2026-02-13