Snap-on VP Lemerand nets shares from RSU vesting
Snap-on Inc. VP & Chief Information Officer June C. Lemerand reported routine equity compensation activity.
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Rhea-AI Filing Summary
Snap-on Inc. VP & Chief Information Officer June C. Lemerand reported routine equity compensation activity. On February 9, 2026, 556 restricted stock units vested on a one-for-one basis into Snap-on common shares, reflecting completion of a three-year restricted period tied to continued employment.
To cover tax withholding on this vesting, 167 common shares were withheld at a price of $368.12 per share. After these transactions, Lemerand directly held 3,784.7936 shares of Snap-on common stock. The filing also lists fully vested stock options and time- and performance-based awards that may deliver additional shares if future goals are achieved.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 556 | $0.00 | $0.00 |
| Exercise | Common Stock | 556 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 167 | $368.12 | $61K |
| 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 (10)
- 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. Includes 9.3077 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 24.9496 shares acquired under a dividend reinvestment plan.
- F3. Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
- F4. 1 for 1.
- F5. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
- F6. Option fully vested.
- F7. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- F8. 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.
- 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Snap-on (SNA) report for June C. Lemerand on February 9, 2026?
What do the vested restricted stock units mean for June C. Lemerand at Snap-on (SNA)?
What stock options are listed for June C. Lemerand in the Snap-on (SNA) Form 4?
How do Snap-on (SNA) performance units work in June C. Lemerand’s equity awards?
AI-generated analysis. How Rhea-AI works. Not financial advice.