Snap-on (SNA) CFO reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snap-on Inc. senior vice president and CFO Aldo J. Pagliari reported equity compensation activity on February 9, 2026. On that date, 1,793 restricted stock units vested and were converted into 1,793 shares of Snap-on common stock.
To cover tax withholding on this vesting, 785 common shares were withheld at a price of $368.12 per share. After these transactions, Pagliari directly beneficially owned 112,896.0556 shares of Snap-on common stock. He also reported multiple outstanding stock options, restricted stock units, and performance units that may deliver additional shares in the future, subject to vesting conditions and company performance goals over specified periods.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,793 shares exercised/converted
Mixed
17 txns
Insider
Pagliari Aldo John
Role
Sr VP - Finance & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,793 | $0.00 | -- |
| Exercise | Common Stock | 1,793 | $0.00 | -- |
| Tax Withholding | Common Stock | 785 | $368.12 | $289K |
| 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 | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 113,681.056 shares (Direct);
Stock Option (Right to Buy) — 36,000 shares (Direct);
Performance Units — 3,586 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. 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. Option fully vested. Original stock option 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 insider transaction did Snap-on (SNA) CFO Aldo Pagliari report on February 9, 2026?
Aldo J. Pagliari reported the vesting of 1,793 restricted stock units that converted into 1,793 Snap-on common shares on February 9, 2026. This reflects routine equity compensation vesting tied to continued employment over a three-year restricted period, as described in the footnotes.
How were taxes handled on Aldo Pagliari’s Snap-on restricted stock unit vesting?
When 1,793 restricted stock units vested, 785 Snap-on common shares were withheld to cover tax withholding obligations. These shares were withheld at a price of $368.12 per share, as reported, reducing the number of newly issued shares retained by Aldo J. Pagliari.
What equity awards does Snap-on (SNA) CFO Aldo Pagliari continue to hold after this filing?
Aldo J. Pagliari continues to hold multiple vested stock options with varying exercise prices and expiration dates, as well as restricted stock units and performance units. The performance units can deliver stock if Snap-on meets specified goals over the 2023–2025, 2024–2026, and 2025–2027 performance periods.
What do the performance units reported by Snap-on’s CFO require to vest?
The performance units will vest and result in stock awards only if Snap-on achieves certain goals over designated multi-year periods. For each grant, the target number of units is reported, and the maximum earnable amount is 200% of that target, subject to plan limits.
What does transaction code M mean in Aldo Pagliari’s Snap-on (SNA) Form 4?
Transaction code M indicates the exercise or conversion of a derivative security into common stock. In this case, it reflects restricted stock units converting 1-for-1 into 1,793 shares of Snap-on common stock upon vesting, consistent with the 1-for-1 ratio noted in the footnotes.