Snap-on (SNA) VP & Controller Marty V. Ozolins Exercises Options, Sells 800 Shares

What Happened

• Marty V. Ozolins, Vice President & Controller of Snap-on Inc. (SNA), exercised stock options for 800 shares at an exercise price of $168.70 (cost $134,960) on 2026-08-26 and immediately sold the 800 underlying shares in an open-market transaction at $400.00 per share (proceeds $320,000). The gross difference between proceeds and exercise cost is $185,040 (before taxes/fees).
• The exercise and sale were executed pursuant to a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-08-26; Form 4 filed 2026-08-27 (reporting period 2026-08-26).
• Option exercise: 800 shares @ $168.70 — $134,960 paid (footnotes indicate option was fully vested).
• Open-market sale: 800 shares @ $400.00 — $320,000 proceeds.
• Footnotes of note: F1/F4 — exercise and sale were made pursuant to a Rule 10b5-1 plan adopted May 21, 2026; F3 — option fully vested.
• Shares owned after transaction: not reported in the provided filing details.
• Filing timeliness: filed the day after the transaction; no late filing flag indicated in the provided data.

Context

• This was an option exercise followed by an immediate sale under a 10b5-1 plan (a pre-arranged trading plan). That pattern is common for executives converting option value to cash and is generally considered routine when done under a pre-set plan.
• The transaction is factual reporting of insider activity and does not, by itself, indicate any judgment about the company’s future prospects.