Pagliari Aldo John 4

What Happened
Pagliari Aldo John, Senior VP — Finance & Chief Financial Officer of Snap‑on Inc., exercised 10,000 stock options on February 19, 2026 at an exercise price of $168.70 (cost ≈ $1,687,000) and sold a total of 7,043 shares in open‑market transactions the same day for aggregate proceeds of approximately $2,690,785. The filing shows an additional derivative-related entry tied to the exercise; per the filing, a portion of the shares from the option exercise were sold to cover the exercise price and estimated tax liability under a Rule 10b5‑1 plan.

Key Details

• Transaction date: 2026-02-19; Form filed 2026-02-19 (same day).
• Option exercise: 10,000 shares acquired at $168.70 (≈ $1,687,000).
• Open‑market sales (total 7,043 shares; total proceeds ≈ $2,690,785):
  • 1,778 shares at weighted avg $381.24 (prices ranged $380.48–$381.47). (F2)
  • 3,721 shares at weighted avg $381.93 (prices ranged $381.48–$382.46). (F3)
  • 984 shares at weighted avg $382.78 (prices ranged $382.50–$383.21). (F4)
  • 560 shares at weighted avg $384.14 (prices ranged $383.68–$384.29). (F5)
• Notable footnotes: exercise plus partial sale to cover exercise price and taxes pursuant to a Rule 10b5‑1 plan adopted Nov 3, 2025 (F1, F7); option was fully vested (F6).
• Shares owned after transaction: not disclosed in the provided filing details.
• Filing timeliness: reported and filed on the same date as the transactions (no late filing indicated).

Context

• This was an option exercise with contemporaneous share sales (a common “sell‑to‑cover” / cashless exercise pattern) rather than a pure open‑market buy; such transactions frequently reflect tax/transaction mechanics rather than a directional bet on the stock.
• The sales were executed in multiple trades at slightly different prices (see ranges above); transactions were made under a Rule 10b5‑1 plan, which pre‑defines trades and can reduce concerns about trading on contemporaneous nonpublic information.
• No indication in the provided data that the reporting person is a 10% owner; this is executive insider activity.