Snap-on (NYSE: SNA) SVP reports equity vesting and new stock grants

Rhea-AI Filing Summary

Snap-on Inc. senior vice president Jesus Arregui reported multiple equity award activities on February 12, 2026. He exercised 1,856 performance units into 1,856 shares of common stock and then had 831 shares withheld at $378.55 per share to cover taxes, leaving 4,405.3444 common shares held directly.

He disposed of 807 performance units back to the issuer as part of the vesting settlement. Arregui also received new equity grants: 4,103 stock appreciation rights, 988 restricted stock units, and 1,975 performance units, all at no cash cost to him, with future vesting and performance conditions described in the award terms.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Arregui Jesus

(Last) (First) (Middle)

SNAP-ON INCORPORATED

2801 80TH STREET

(Street)

KENOSHA WI 53143

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Snap-on Inc [ SNA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr VP & President - Commercial

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/12/2026		M(1)		1,856	A	(1)	5,236.3444	D
Common Stock	02/12/2026		F(2)		831	D	$378.55	4,405.3444	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Units	(3)	02/12/2026		D(1)			807	(1)	(1)	Common Stock	807	(1)	1,856	D
Performance Units	(3)	02/12/2026		M(1)			1,856	(1)	(1)	Common Stock	1,856	(1)	0	D
Stock Appreciation Rights	$378.55	02/12/2026		A		4,103		02/12/2027(4)	02/12/2036	Common Stock	4,103	$0(5)	4,103	D
Restricted Stock Units	(3)	02/12/2026		A		988		02/12/2029(6)	02/12/2029(6)	Common Stock	988	$0	988	D
Performance Units	(3)	02/12/2026		A		1,975		(7)	(7)	Common Stock	1,975	$0	1,975	D
Stock Appreciation Rights	$168.7							(8)	02/09/2027	Common Stock	7,500		7,500	D
Stock Appreciation Rights	$161.18							(8)	02/15/2028	Common Stock	5,674		5,674	D
Stock Appreciation Rights	$155.34							(8)	02/13/2030	Common Stock	13,500		13,500	D
Stock Appreciation Rights	$189.89							(8)	02/11/2031	Common Stock	9,672		9,672	D
Stock Appreciation Rights	$211.67							(8)	02/10/2032	Common Stock	8,003		8,003	D
Stock Appreciation Rights	$249.26							(8)	02/09/2033	Common Stock	5,830		5,830	D
Stock Appreciation Rights	$269							02/15/2025(4)	02/15/2034	Common Stock	5,463		5,463	D
Stock Appreciation Rights	$339.73							02/13/2026(4)	02/13/2035	Common Stock	4,273		4,273	D
Restricted Stock Units	(3)							02/15/2027(6)	02/15/2027(6)	Common Stock	1,178		1,178	D
Restricted Stock Units	(3)							02/13/2028(6)	02/13/2028(6)	Common Stock	999		999	D
Performance Units	(3)							(9)	(9)	Common Stock	2,357		2,357	D
Performance Units	(3)							(10)	(10)	Common Stock	1,999		1,999	D

Explanation of Responses:

1. 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).

2. Shares were withheld to cover tax withholding upon the vesting of performance units.

3. 1 for 1.

4. Original stock appreciation rights grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

5. This transaction was a stock appreciation rights grant. Accordingly, the reporting person did not pay a price to obtain the stock appreciation rights grant.

6. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

7. 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.

8. Stock appreciation rights grant fully vested.

9. 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.

10. 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.

	/s/ Ryan S. Lovitz under Power of Attorney for Jesus Arregui	02/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Snap-on (SNA) executive Jesus Arregui report?

Jesus Arregui reported exercising 1,856 performance units into 1,856 Snap-on common shares and settling related tax obligations. The filing also shows new grants of stock appreciation rights, restricted stock units, and performance units as part of his equity compensation.

How many Snap-on (SNA) shares does Jesus Arregui hold after this Form 4?

After the reported transactions, Jesus Arregui directly holds 4,405.3444 Snap-on common shares. This reflects exercise of 1,856 performance units and withholding of 831 shares to cover tax obligations tied to the vesting of those performance-based awards.

Were any Snap-on (SNA) shares sold on the open market in this Form 4?

The Form 4 does not show open-market sales. It reports a tax-withholding disposition of 831 shares at $378.55 per share and the disposition of 807 performance units to the issuer in connection with equity award vesting and settlement.

What new equity awards did Snap-on (SNA) grant to Jesus Arregui?

Jesus Arregui received 4,103 stock appreciation rights, 988 restricted stock units, and 1,975 performance units. These awards were granted at no cash cost to him and are subject to vesting schedules and, for performance units, future company performance goals.

How are the new Snap-on (SNA) performance units for Jesus Arregui structured?

The performance units granted can vest and convert into Snap-on stock if the company meets specified performance goals over defined multi-year periods. The filing notes that the target number of units is reported, with a maximum of up to 200% subject to plan limits.

What does the stock appreciation rights grant mean for Snap-on (SNA) executive compensation?

The 4,103 stock appreciation rights give Jesus Arregui the right to receive value based on future stock price gains above an exercise price. They vest over time and were granted without an upfront cash payment by the executive, aligning his compensation with share performance.