Snap-on VP Boyd vests 739 restricted stock units
Snap-on Inc. VP of Operations Development Iain Boyd reported the vesting of 739 restricted stock units into an equal number of common shares on February 9, 2026.
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Rhea-AI Filing Summary
Snap-on Inc. VP of Operations Development Iain Boyd reported the vesting of 739 restricted stock units into an equal number of common shares on February 9, 2026. These units vested after a three-year restricted period tied to continued employment.
To cover taxes on the vesting, 222 common shares were withheld at a price of $368.12 per share. After these transactions, Boyd directly held 12,819.7304 Snap-on common shares and an additional 706.6021 shares indirectly through a 401(k) plan. He also reported various stock options, restricted stock units, performance units, and deferred stock units that may deliver additional shares if future vesting and performance conditions are met.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 739 | $0.00 | $0.00 |
| Exercise | Common Stock | 739 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 222 | $368.12 | $82K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
| holding | Deferred Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (12)
- F1. The restricted stock units reported above vested on the date indicated based on continued employment of the reporting person throughout the three-year restricted period.
- F2. Includes 89.2570 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 7.8745 shares acquired under a dividend reinvestment plan.
- F3. Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
- F4. This information is based on a plan statement dated December 31, 2025.
- F5. 1 for 1.
- F6. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
- F7. Option fully vested.
- F8. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- F9. If the Company achieves certain goals over the 2023-2025 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
- F10. If the Company achieves certain goals over the 2024-2026 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
- F11. If the Company achieves certain goals over the 2025-2027 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
- F12. Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Snap-on (SNA) VP Iain Boyd report on this Form 4?
How were taxes handled on Iain Boyd’s Snap-on restricted stock unit vesting?
What types of equity awards does Snap-on (SNA) VP Iain Boyd continue to hold?
What are the performance conditions on Iain Boyd’s Snap-on performance units?
AI-generated analysis. How Rhea-AI works. Not financial advice.