Snap-on executive reports RSU vesting, tax share withholding
Snap-on Inc. senior executive Timothy L. Chambers reported routine equity compensation activity.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,332 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,332 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 596 | $368.12 | $219K |
| 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 | -- | -- | -- |
Footnotes (9)
- F1. 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.
- F2. Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
- F3. 1 for 1.
- F4. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
- F5. Option fully vested.
- F6. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- F7. 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.
- F8. 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.
- F9. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Snap-on (SNA) executive Timothy L. Chambers report?
What do the vested restricted stock units mean for Snap-on (SNA) executive compensation?
What stock options and awards does Timothy L. Chambers hold at Snap-on (SNA)?
How are Snap-on (SNA) performance units structured for Timothy L. Chambers?
AI-generated analysis. How Rhea-AI works. Not financial advice.
