SNA Form 4 reports multiple insider transactions
Pagliari Aldo John reported multiple insider transaction types in a Form 4 filing for SNA.
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Form Type
4
Rhea-AI Filing Summary
Pagliari Aldo John reported multiple insider transaction types in a Form 4 filing for SNA. The filing lists transactions totaling 16,187 shares at a weighted average price of $378.55 per share. Following the reported transactions, holdings were 115,395 shares.
Insider Trade Summary
2,499 shares exercised/converted
Exercise
7 txns
Insider
Pagliari Aldo John
Role
Sr VP - Finance & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Performance Units | 1,087 | $0.00 | $0.00 |
| Exercise | Performance Units | 2,499 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 5,187 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,249 | $0.00 | $0.00 |
| Grant/Award | Performance Units | 2,497 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,499 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,169 | $378.55 | $443K |
| 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 | Performance Units | -- | -- | -- |
| Holding | Performance Units | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 160,775 contracts for 155,588 underlying shares (Direct);
Restricted Stock Units — 4,031 contracts for 2,782 underlying shares (Direct);
Performance Units — 8,060 contracts for 5,563 underlying shares (Direct);
Common Stock — 114,226.0556 shares (Direct)
Footnotes (10)
- F1. Based on Company performance during the 2023-2025 period, 69.7% of the performance units vested (as previously disclosed, the reporting person had the opportunity to earn up to 200% of the number originally reported, subject to plan limits).
- F2. Shares were withheld to cover tax withholding upon the vesting of performance units.
- F3. 1 for 1.
- F4. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- F5. The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
- F6. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
- F7. 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.
- F8. Option fully vested.
- F9. 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.
- F10. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Snap-on (SNA) CFO Aldo Pagliari report?
Aldo Pagliari reported exercising performance units into common stock and receiving new equity awards. He acquired 2,499 common shares from performance units, had 1,169 shares withheld for taxes, and reported fresh grants of stock options, restricted stock units, and performance units on February 12, 2026.
Were any of the Snap-on (SNA) CFO’s transactions open-market stock sales?
The filing does not show open-market sales; shares were withheld for taxes. Code F indicates 1,169 shares of common stock were used to satisfy tax withholding at $378.55 per share, tied to vesting performance units rather than discretionary selling into the market.
What new stock options did the Snap-on (SNA) CFO receive?
The CFO received a grant of 5,187 stock options with a $378.55 exercise price. These options vest in three annual installments beginning February 12, 2027, and expire February 12, 2036, adding to a series of previously granted, fully vested options at lower exercise prices.
What restricted stock units were granted to the Snap-on (SNA) CFO?
The CFO was granted 1,249 restricted stock units on February 12, 2026. According to the footnotes, these RSUs vest three years from the grant date, on February 12, 2029, assuming continued employment, and convert into an equal number of Snap-on common shares upon vesting.
How do the Snap-on (SNA) CFO’s performance units vest under this Form 4?
Performance units vest based on multi-year company performance with capped upside. For 2023–2025, 69.7% of units vested. New awards cover 2026–2028, allowing up to 200% of target units to be earned if specific goals are met, subject to plan limits.
What does the 69.7% vesting figure mean in the Snap-on (SNA) Form 4?
The 69.7% figure shows how many performance units vested for 2023–2025. Based on company performance, only 69.7% of the target units became earned, even though the plan allowed up to 200% of the original target if maximum performance was achieved.
AI-generated analysis. How Rhea-AI works. Not financial advice.
