SNA Form 4 reports multiple insider transactions
Bauerschmidt Mary Ellen reported multiple insider transaction types in a Form 4 filing for SNA.
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Form Type
4
Rhea-AI Filing Summary
Bauerschmidt Mary Ellen reported multiple insider transaction types in a Form 4 filing for SNA. The filing lists transactions totaling 6,206 shares at a weighted average price of $378.55 per share. Following the reported transactions, holdings were 657 shares.
Insider Trade Summary
657 shares exercised/converted
Exercise
18 txns
Insider
Bauerschmidt Mary Ellen
Role
SVP-HR & Chief Devel. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Performance Units | 286 | $0.00 | $0.00 |
| Exercise | Performance Units | 657 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 2,491 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 600 | $0.00 | $0.00 |
| Grant/Award | Performance Units | 1,199 | $0.00 | $0.00 |
| Exercise | Common Stock | 657 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 316 | $378.55 | $120K |
| 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 | Deferred Stock Units | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 16,005 contracts for 13,514 underlying shares (Direct);
Restricted Stock Units — 1,551 contracts for 951 underlying shares (Direct);
Performance Units — 3,102 contracts for 1,903 underlying shares (Direct);
Common Stock — 5,819.0285 shares (Direct);
Deferred Stock Units — 2,141.5349 contracts (Direct)
Footnotes (11)
- 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.
- F11. Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Snap-on (SNA) executive Mary Ellen Bauerschmidt report?
Mary Ellen Bauerschmidt reported exercising 657 performance units into 657 Snap-on common shares and a tax-withholding disposition of 316 shares. She also received new grants of 2,491 stock options, 600 restricted stock units, and 1,199 performance units as part of her long-term equity compensation.
What new stock options did Mary Ellen Bauerschmidt receive from Snap-on (SNA)?
She received a new stock option grant covering 2,491 shares of Snap-on common stock with a $378.55 exercise price. The options were granted at no cost to her and are scheduled to vest in three annual installments beginning on 02/12/2027, expiring on 02/12/2036.
What restricted stock units did Snap-on (SNA) grant to Mary Ellen Bauerschmidt?
Snap-on granted 600 restricted stock units to Mary Ellen Bauerschmidt on 02/12/2026. These units convert into an equal number of common shares on a 1-for-1 basis and are scheduled to vest on 02/12/2029, assuming she remains employed with the company through that date.
How do the new performance units granted to Mary Ellen Bauerschmidt at Snap-on (SNA) work?
She received 1,199 performance units that may convert 1-for-1 into Snap-on common shares if specific goals are met over the 2026–2028 period. The plan allows her to earn up to 200% of the reported target number, subject to plan limits and performance outcomes.
What does 69.7% vesting of Mary Ellen Bauerschmidt’s Snap-on (SNA) performance units mean?
For the 2023–2025 performance cycle, 69.7% of her outstanding performance units vested based on company performance. Those vested units converted into common stock, while the remainder were forfeited. Under the plan, she originally had the opportunity to earn up to 200% of the reported target units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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