Snap-on Inc (NYSE: SNA) director receives 33-share stock fee award
Rhea-AI Filing Summary
HOLDEN JAMES P reported acquisition or exercise transactions in this Form 4 filing.
Snap-on Inc director James P. Holden received a grant of 33.0000 shares of common stock on 2026-07-31 as payment of board fees under the Directors' 1993 Fee Plan, valued at $410.4100 per share. After this, he holds 8,991.3456 common shares directly, 20,723.0000 shares indirectly through a trust, and Restricted Stock Units covering 9,607.0000 underlying common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 33 shares
Net Buy
3 txns
Insider
HOLDEN JAMES P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 33 | $410.41 | $14K |
| holding | Restricted Stock Units F3, F4 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,991.3456 shares (Direct);
Restricted Stock Units — 9,607 shares (Direct);
Common Stock — 20,723 shares (Indirect, Trust)
Footnotes (4)
- F1. Payment of fees in stock under the Company's Directors' 1993 Fee Plan.
- F2. Includes 20.5696 shares acquired under a dividend reinvestment plan.
- F3. 1 for 1.
- F4. All restrictions lapse and the reporting person will receive the underlying shares upon the earliest of retirement from the Board, death or a change in control.
Key Figures
Stock grant shares: 33.0000 shares
Grant value per share: $410.4100 per share
Direct common shares after transaction: 8,991.3456 shares
+4 more
7 metrics
Stock grant shares
33.0000 shares
Common stock granted to director as fee payment on 2026-07-31
Grant value per share
$410.4100 per share
Stated value for the director fee stock grant
Direct common shares after transaction
8,991.3456 shares
Direct Snap-on common stock holdings following the grant
Indirect common shares via trust
20,723.0000 shares
Common stock held indirectly through a trust
RSUs underlying common shares
9,607.0000 shares
Common shares underlying the director’s Restricted Stock Units
Dividend reinvestment plan shares
20.5696 shares
Portion of direct holdings acquired via dividend reinvestment plan
RSU conversion ratio
1 for 1
Each Restricted Stock Unit converts into one share of common stock
Key Terms
Restricted Stock Units, dividend reinvestment plan, Directors' 1993 Fee Plan, change in control
4 terms
Restricted Stock Units financial
"The reporting person holds Restricted Stock Units linked to 9,607.0000 underlying shares."
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.
dividend reinvestment plan financial
"Includes 20.5696 shares acquired under a dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Directors' 1993 Fee Plan financial
"Payment of fees in stock under the Company's Directors' 1993 Fee Plan."
change in control financial
"Restrictions lapse upon retirement from the Board, death or a change in control."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Snap-on (SNA) director James P. Holden report?
He reported receiving 33.0000 shares of Snap-on common stock on 2026-07-31. The shares were issued as payment of director fees under the company’s Directors' 1993 Fee Plan, rather than a market purchase, at a stated value of $410.4100 per share.
What Restricted Stock Units does James P. Holden hold in Snap-on (SNA)?
He holds Restricted Stock Units linked to 9,607.0000 underlying shares of Snap-on common stock on a 1 for 1 basis. Restrictions lapse and shares are delivered upon the earliest of retirement from the Board, death, or a change in control.
Was James P. Holden’s Snap-on (SNA) stock grant made under a Rule 10b5-1 trading plan?
The report does not indicate use of a Rule 10b5-1 trading plan. Its Rule 10b5-1-related checkbox is not marked, so the grant is reported simply as a director fee payment in stock rather than a pre-arranged plan transaction.