HOLDEN JAMES P 4
Research Summary
AI-generated summary
Snap-on (SNA) Director James P. Holden Receives 91-Share Award
What Happened
James P. Holden, a director of Snap-on Inc., was granted/acquired 91 shares on April 30, 2026 at an implied acquisition price of $383.40 per share, for a total value of $34,889. The filing is coded "A" (award/grant/acquisition) and reflects director compensation paid in stock rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-30; Price per share: $383.40; Shares acquired: 91; Total value: $34,889.
- Filing date: 2026-04-30 (appears to be filed the same day as the transaction).
- Method: Payment of director fees in stock under the Company’s Directors' 1993 Fee Plan (footnote F1).
- Includes 20.5055 shares acquired under a dividend reinvestment plan (F2).
- Footnote F3 notes a 1-for-1 conversion/ratio.
- Restrictions: Shares are subject to restrictions that lapse upon the earliest of retirement from the Board, death or a change in control (F4).
- Post-transaction total holdings: not specified in the filing.
Context
This was a compensation award to a board member (routine director pay), not an open-market buy or a sale. Because the shares carry restrictions that only lapse under specified events, they may not be immediately sellable. Such director awards are standard corporate compensation and do not, by themselves, indicate the director’s buy/sell sentiment.
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