Snap-on (NYSE: SNA) SVP Arregui gets 1,332 RSU shares, 594 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snap-on Inc. executive Jesus Arregui reported equity compensation activity. On February 9, 2026, 1,332 restricted stock units vested and were converted into an equal number of Snap-on common shares based on continued employment through a three-year restricted period.
To cover tax withholding on this vesting, 594 shares were withheld at $368.12 per share, leaving Arregui with 3,380.3444 common shares held directly. He also reports outstanding stock appreciation rights, restricted stock units, and performance units that may deliver additional shares if future vesting and performance conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,332 shares exercised/converted
Mixed
16 txns
Insider
Arregui Jesus
Role
Sr VP & President - Commercial
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,332 | $0.00 | -- |
| Exercise | Common Stock | 1,332 | $0.00 | -- |
| Tax Withholding | Common Stock | 594 | $368.12 | $219K |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 3,974.344 shares (Direct);
Stock Appreciation Rights — 7,500 shares (Direct);
Performance Units — 2,663 shares (Direct)
Footnotes (1)
- 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. Includes 0.0094 shares acquired under a dividend reinvestment plan. Shares were withheld to cover tax withholding upon the vesting of the restricted stock units. 1 for 1. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment. Stock appreciation rights grant fully vested. Original stock appreciation rights grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column. 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. 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.
FAQ
What does the latest Form 4 for Snap-on (SNA) report for Jesus Arregui?
The Form 4 shows Snap-on executive Jesus Arregui had 1,332 restricted stock units vest into common stock on February 9, 2026. A portion of these shares was withheld to satisfy tax obligations, and his directly owned common stock position was updated accordingly.
What derivative awards does Jesus Arregui report holding in Snap-on’s Form 4?
Jesus Arregui reports holdings of multiple stock appreciation rights, restricted stock units, and performance units. These derivatives are tied to Snap-on common stock and have various exercisable and vesting dates, with performance units contingent on company goals over specified multi-year periods before shares are awarded.
What are the performance conditions mentioned for Arregui’s Snap-on performance units?
The performance units vest and award stock only if Snap-on meets certain goals over the 2023–2025, 2024–2026, and 2025–2027 periods. The Form 4 notes that the target number of units is reported, and the maximum possible payout is 200% of those targets, subject to plan limits.