STOCK TITAN

Snap-on (SNA) VP June Lemerand gains stock from RSU vesting and tax share withholding

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

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.

Positive

  • None.

Negative

  • None.
Insider Lemerand June C
Role VP & Chief Information Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 556 $0.00 --
Exercise Common Stock 556 $0.00 --
Tax Withholding 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 -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 3,951.794 shares (Direct); Stock Option (Right to Buy) — 1,200 shares (Direct); Performance Units — 1,111 shares (Direct)
Footnotes (1)
  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. Includes 9.3077 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 24.9496 shares acquired under a dividend reinvestment plan. Shares were withheld to cover tax withholding upon the vesting of the restricted stock units. 1 for 1. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment. Option fully vested. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column. 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. 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. 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.
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*
Lemerand June C

(Last) (First) (Middle)
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)
VP & Chief Information Officer
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) 556 A (1) 3,951.7936(2) D
Common Stock 02/09/2026 F(3) 167 D $368.12 3,784.7936 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 (4) 02/09/2026 M(1) 556 02/09/2026(5) 02/09/2026(5) Common Stock 556 (1) 0 D
Stock Option (Right to Buy) $168.7 (6) 02/09/2027 Common Stock 1,200 1,200 D
Stock Option (Right to Buy) $161.18 (6) 02/15/2028 Common Stock 1,906 1,906 D
Stock Option (Right to Buy) $155.34 (6) 02/13/2030 Common Stock 2,000 2,000 D
Stock Option (Right to Buy) $189.89 (6) 02/11/2031 Common Stock 2,856 2,856 D
Stock Option (Right to Buy) $211.67 (6) 02/10/2032 Common Stock 2,941 2,941 D
Stock Option (Right to Buy) $249.26 (6) 02/09/2033 Common Stock 2,433 2,433 D
Stock Option (Right to Buy) $269 02/15/2025(7) 02/15/2034 Common Stock 2,588 2,588 D
Stock Option (Right to Buy) $339.73 02/13/2026(7) 02/13/2035 Common Stock 2,076 2,076 D
Restricted Stock Units (4) 02/15/2027(5) 02/15/2027(5) Common Stock 558 558 D
Restricted Stock Units (4) 02/13/2028(5) 02/13/2028(5) Common Stock 485 485 D
Performance Units (4) (8) (8) Common Stock 1,111 1,111 D
Performance Units (4) (9) (9) Common Stock 1,116 1,116 D
Performance Units (4) (10) (10) Common Stock 971 971 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. Includes 9.3077 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 24.9496 shares acquired under a dividend reinvestment plan.
3. Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
4. 1 for 1.
5. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
6. Option fully vested.
7. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
8. 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.
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 June C. Lemerand 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 activity did Snap-on (SNA) report for June C. Lemerand on February 9, 2026?

Snap-on reported that VP & Chief Information Officer June C. Lemerand had 556 restricted stock units vest into common shares. The filing also shows shares withheld for taxes and lists her outstanding stock options and performance-based equity awards.

How many Snap-on (SNA) shares does June C. Lemerand own after the latest Form 4?

After the reported transactions, June C. Lemerand directly owns 3,784.7936 shares of Snap-on common stock. This figure reflects shares received from vested restricted stock units, net of 167 shares withheld to satisfy tax obligations at the time of vesting.

Why were 167 Snap-on (SNA) shares withheld in June C. Lemerand’s Form 4 filing?

The Form 4 states that 167 common shares were withheld to cover tax withholding upon vesting of restricted stock units. This means a portion of the vested shares was retained instead of being delivered to Lemerand to satisfy payroll tax requirements.

What do the vested restricted stock units mean for June C. Lemerand at Snap-on (SNA)?

The vested restricted stock units converted into 556 Snap-on common shares after Lemerand completed a three-year employment-based restriction period. This shifts value from unvested awards to directly held shares, aligning her compensation more closely with the company’s share price performance.

What stock options are listed for June C. Lemerand in the Snap-on (SNA) Form 4?

The filing lists multiple fully vested stock options labeled as Stock Option (Right to Buy), each with a specific exercise price and expiration date. These options give Lemerand the right to purchase Snap-on common shares at predetermined prices before the stated expiration dates.

How do Snap-on (SNA) performance units work in June C. Lemerand’s equity awards?

The performance units can vest and pay out in Snap-on shares if the company meets specified performance goals over periods such as 2023–2025, 2024–2026, and 2025–2027. The filing notes that maximum payouts can reach up to 200% of the reported target units, subject to plan limits.
Snap-On Inc

NYSE:SNA

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18.84B
50.82M
Tools & Accessories
Cutlery, Handtools & General Hardware
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United States
KENOSHA