STOCK TITAN

Snap-on (SNA) Sr VP Chambers logs RSU vesting and tax share withholding

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Snap-on Inc. senior executive Timothy L. Chambers reported routine equity compensation activity. On 02/09/2026, 1,332 restricted stock units vested and were converted into an equal number of Snap-on common shares.

Of these shares, 596 were withheld at a price of $368.12 per share to cover tax obligations. Following these transactions, Chambers directly owned 20,216.4179 shares of Snap-on common stock. He also continues to hold various vested stock options, restricted stock units, and performance units that may deliver additional shares if future performance goals are achieved.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Chambers Timothy L

(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 & Pres - Tools
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026
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 02/09/2026 M(1) 1,332 A (1) 20,812.4179 D
Common Stock 02/09/2026 F(2) 596 D $368.12 20,216.4179 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
Restricted Stock Units (3) 02/09/2026 M(1) 1,332 02/09/2026(4) 02/09/2026(4) Common Stock 1,332 (1) 0 D
Stock Option (Right to Buy) $168.7 (5) 02/09/2027 Common Stock 9,500 9,500 D
Stock Option (Right to Buy) $161.18 (5) 02/15/2028 Common Stock 7,594 7,594 D
Stock Option (Right to Buy) $155.92 (5) 02/14/2029 Common Stock 12,000 12,000 D
Stock Option (Right to Buy) $155.34 (5) 02/13/2030 Common Stock 13,500 13,500 D
Stock Option (Right to Buy) $189.89 (5) 02/11/2031 Common Stock 9,672 9,672 D
Stock Option (Right to Buy) $211.67 (5) 02/10/2032 Common Stock 8,003 8,003 D
Stock Option (Right to Buy) $249.26 (5) 02/09/2033 Common Stock 5,830 5,830 D
Stock Option (Right to Buy) $269 02/15/2025(6) 02/15/2034 Common Stock 5,463 5,463 D
Stock Option (Right to Buy) $339.73 02/13/2026(6) 02/13/2035 Common Stock 4,273 4,273 D
Restricted Stock Units (3) 02/15/2027(4) 02/15/2027(4) Common Stock 1,178 1,178 D
Restricted Stock Units (3) 02/13/2028(4) 02/13/2028(4) Common Stock 999 999 D
Performance Units (3) (7) (7) Common Stock 2,663 2,663 D
Performance Units (3) (8) (8) Common Stock 2,357 2,357 D
Performance Units (3) (9) (9) Common Stock 1,999 1,999 D
Explanation of Responses:
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.
2. Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
3. 1 for 1.
4. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
5. Option fully vested.
6. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
7. 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.
8. 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.
9. 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 Timothy L. Chambers 02/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Snap-on (SNA) executive Timothy L. Chambers report?

Timothy L. Chambers reported the vesting of 1,332 restricted stock units into Snap-on common stock. These units vested on 02/09/2026 based on continued employment over a three-year period, reflecting standard executive equity compensation rather than an open-market stock purchase.

How many Snap-on (SNA) shares does Timothy L. Chambers own after this Form 4?

After the reported transactions, Timothy L. Chambers directly owns 20,216.4179 shares of Snap-on common stock. This balance reflects the conversion of 1,332 restricted stock units and the withholding of 596 shares to satisfy tax obligations related to the vesting event.

Why were 596 Snap-on (SNA) shares withheld in Timothy L. Chambers’ Form 4 filing?

The filing states that 596 shares were withheld at $368.12 per share to cover tax withholding arising from the vesting of restricted stock units. This is a common administrative mechanism companies use so executives can meet tax obligations without making separate cash payments.

What do the vested restricted stock units mean for Snap-on (SNA) executive compensation?

The vested restricted stock units represent equity compensation earned over a three-year restricted period, contingent on continued employment. Upon vesting, each unit converted 1-for-1 into Snap-on common stock, aligning the executive’s compensation more closely with shareholder value and the company’s long-term performance.

What stock options and awards does Timothy L. Chambers hold at Snap-on (SNA)?

The Form 4 lists multiple fully vested stock options with exercise prices ranging from $155.34 to $339.73 and expirations through 2035, along with outstanding restricted stock units and performance units. Performance units can pay out stock if specified 2023–2027 performance goals are achieved, subject to plan limits.

How are Snap-on (SNA) performance units structured for Timothy L. Chambers?

Performance units for periods 2023–2025, 2024–2026, and 2025–2027 will vest and deliver Snap-on stock only if the company meets certain goals. The filing notes the target number of units is reported, and the maximum payout is 200% of target, subject to plan limits.
Snap-On Inc

NYSE:SNA

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18.90B
50.82M
Tools & Accessories
Cutlery, Handtools & General Hardware
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United States
KENOSHA