Snap-on (SNA) VP June Lemerand gains stock from RSU vesting and tax share withholding
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 Trade Summary
| 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 | -- | -- | -- |
Footnotes (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.
FAQ
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?