[144] Snap-on Incorporated SEC Filing
Rhea-AI Filing Summary
Snap-on Incorporated (SNA) notice reports a proposed sale of 4,731 common shares, acquired and to be sold on 08/14/2025 via Morgan Stanley Smith Barney LLC on the NYSE with an aggregate market value listed as $1,579,255.11. The securities were acquired the same day by exercise of stock options and paid in cash. The filing also discloses a prior Rule 10b5-1 sale on 05/15/2025 by Aldo Pagliari of 5,553 shares for gross proceeds of $1,814,950.85. The signer represents no material nonpublic information exists and, if relying on a 10b5-1 plan, certifies the plan adoption or instruction date accordingly.
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Insights
TL;DR: Routine Rule 144 notice for option exercise sales; discloses trade sizes and prior 10b5-1 sale.
The filing documents a scheduled sale of 4,731 Snap-on common shares acquired by option exercise and to be sold on 08/14/2025 through Morgan Stanley, with an indicated market value of $1,579,255.11. The notice also records a prior 10b5-1 sale on 05/15/2025 of 5,553 shares for $1,814,950.85 by Aldo Pagliari. This is a compliance disclosure under Rule 144 and does not, by itself, provide operational or financial performance information about the issuer.
TL;DR: Compliance-focused filing confirming sale mechanics and 10b5-1 use; no governance events disclosed.
The notice includes required representations regarding absence of material nonpublic information and references reliance on a Rule 10b5-1 plan for prior sales. It documents method of acquisition (option exercise) and cash payment, which supports transparency about insider liquidity. No departures, grants, or governance changes are reported in this filing.