Snap-on (SNA) CFO sells 1,330 shares while retaining large equity stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snap-on Inc senior vice president of finance and CFO Aldo John Pagliari reported an open-market sale of 1,330 shares of common stock at a weighted average price of $379.2708 per share. After the sale, he directly holds about 118,157.6857 common shares, plus various performance units, restricted stock units, and stock options with future vesting and expiration dates.
Positive
- None.
Negative
- None.
Insights
CFO executed a modest open-market sale while retaining a large equity position.
CFO Aldo John Pagliari sold 1,330 Snap-on common shares at a weighted average of $379.2708, with trades occurring between $379.005 and $379.75. This is a straightforward open-market or private sale coded as an S transaction.
Following the sale, he still holds about 118,157.6857 common shares directly, along with sizable performance units, restricted stock units, and stock options with exercise prices from $155.34 to $378.55 expiring between 2027 and 2036. The filing shows no option exercises, gifts, or tax-driven dispositions, so the activity appears routine and limited in scale relative to his remaining equity exposure.
Insider Trade Summary
Net Seller: 1,330 shares ($504,430)
Net Sell
17 txns
Insider
Pagliari Aldo John
Role
Sr VP - Finance & CFO
Sold
1,330 shs ($504K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,330 | $379.2708 | $504K |
| 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 | Stock Option (Right to Buy) | -- | -- | -- |
| 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 | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 118,157.686 shares (Direct, null);
Stock Option (Right to Buy) — 18,000 shares (Direct, null);
Restricted Stock Units — 1,533 shares (Direct, null);
Performance Units — 3,065 shares (Direct, null)
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $379.005 to $379.75. The price reported above reflects the weighted average sale price. the reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated. Option fully vested. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column. 1 for 1. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment. 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. 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. If the Company achieves certain goals over the 2026-2028 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.
Key Figures
Shares sold: 1,330 shares
Weighted average sale price: $379.2708 per share
Shares held after sale: 118,157.6857 shares
+5 more
8 metrics
Shares sold
1,330 shares
Common stock sale on 2026-06-04
Weighted average sale price
$379.2708 per share
Open-market or private sale range $379.005–$379.75
Shares held after sale
118,157.6857 shares
Direct common stock ownership following transaction
Largest option block
26,052 shares
Stock option, $161.18 exercise price, expires 2028-02-15
Low option exercise price
$155.34 per share
Stock option expiring 2030-02-13 over 23,500 shares
High option exercise price
$378.55 per share
Stock option expiring 2036-02-12 over 5,187 shares
Performance units 2024–2026 target
3,065 underlying shares
Vest if goals met; max 200% of target
Restricted stock units (example grant)
1,533 units
RSUs expiring/vesting 2027-02-15 assuming continued employment
Key Terms
Performance Units, Restricted Stock Units, Stock Option (Right to Buy), weighted average sale price, +2 more
6 terms
Performance Units financial
"If the Company achieves certain goals over the 2024-2026 period, the performance units will vest and stock will be awarded."
Performance units are company awards that become valuable only if specified business targets are met; they typically convert into shares or cash when performance goals are achieved. Think of them like a conditional bonus that turns into stock only if the company hits agreed milestones, so they align managers’ incentives with shareholders’ interests and can affect future share count, executive pay expense, and investor returns.
Restricted Stock Units financial
"The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with exercise prices such as 378.5500 and expiration dates through 2036-02-12."
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
vest financial
"The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
plan limits financial
"The maximum amount is 200% of the number reported, subject to plan limits."
FAQ
What did Snap-on (SNA) CFO Aldo Pagliari report in this Form 4?
He reported selling 1,330 shares of Snap-on common stock in an open-market or private transaction at a weighted average price of $379.2708 per share, while retaining a substantial remaining direct shareholding and multiple equity-based awards.
What equity awards does the Snap-on (SNA) CFO still hold after this Form 4?
He continues to hold performance units, restricted stock units, and stock options over Snap-on common stock. The options cover thousands of shares with exercise prices between about $155.34 and $378.55, and expiration dates running from 2027 through 2036.
Were any stock options exercised in this Snap-on (SNA) Form 4 filing?
No option exercises are reported in this filing. The Form 4 lists only an open-market sale of 1,330 common shares and multiple derivative holdings, indicating that options and other awards remain outstanding without exercise activity in this report.