Snap-on (NYSE: SNA) shareholder files Form 144 to sell 3,091 shares
Rhea-AI Filing Summary
A holder of Snap-on (symbol SNA) common stock filed a Form 144 notice to sell up to 3,091 shares through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $1,071,972.09. The filing lists 52,007,557 common shares outstanding for the issuer.
The shares to be sold were acquired on December 18, 2024 by exercising stock options previously granted by the issuer, and the purchase price was paid in cash. By signing the notice, the seller represents that they are not aware of any material adverse, nonpublic information about Snap-on’s current or prospective operations.
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FAQ
What does Snap-on (SNA) disclose in this Form 144 filing?
The filing states that a holder of Snap-on common stock has notified regulators of an intent to sell up to 3,091 shares under Rule 144 on the NYSE.
How many Snap-on (SNA) shares are proposed to be sold and what is their value?
The notice covers up to 3,091 shares of Snap-on common stock with an aggregate market value of $1,071,972.09 at the time stated in the form.
How many Snap-on (SNA) shares are reported as outstanding in this notice?
The Form 144 lists 52,007,557 shares of Snap-on common stock as outstanding, which is provided as a baseline figure in the filing.
When were the Snap-on (SNA) shares to be sold acquired and how?
The 3,091 shares were acquired on December 18, 2024 through previously exercised options from the issuer, and the acquisition was paid for in cash.
When does the Snap-on (SNA) shareholder expect to sell the shares and through which broker?
The filing lists an approximate sale date of December 4, 2025, using Morgan Stanley Smith Barney LLC Executive Financial Services as the broker, and names the NYSE as the exchange.
Does the Form 144 for Snap-on (SNA) include any statement about nonpublic information?
Yes. By signing, the seller represents that they do not know any material adverse information about Snap-on’s current or prospective operations that has not been publicly disclosed.