Snap-on (SNA) director Gregg Sherrill awarded 520 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snap-on Inc. director Gregg M. Sherrill reported an equity award from the company. On February 12, 2026, he acquired 520 shares of Snap-on common stock as a grant of restricted stock from the company, with no purchase price, increasing his directly held common shares to 11,713.4592, which includes shares accumulated through a dividend reinvestment plan.
He also directly holds 4,455 restricted stock units, each convertible into one share of common stock on a 1-for-1 basis. All restrictions on these units will lapse, and the underlying shares will be delivered upon the earliest of his retirement from the board, death, or a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sherrill Gregg M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 520 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,713.459 shares (Direct);
Restricted Stock Units — 4,455 shares (Direct)
Footnotes (1)
- Grant of restricted stock from the Company. Includes 17.5303 shares acquired under a dividend reinvestment plan. 1 for 1. All restrictions lapse and the reporting person will receive the underlying shares upon the earliest of retirement from the Board, death or a change in control.
FAQ
What insider transaction did Snap-on (SNA) director Gregg M. Sherrill report?
Gregg M. Sherrill reported receiving a grant of 520 shares of Snap-on common stock as restricted stock from the company. This non-cash award increased his directly held common stock to 11,713.4592 shares, reflecting his ongoing equity-based compensation as a director.
Was Gregg M. Sherrill’s Snap-on (SNA) stock transaction a purchase or a grant?
The transaction was a grant, not an open-market purchase. Sherrill acquired 520 shares of Snap-on common stock as restricted stock from the company at no stated price, classified as a grant, award, or other acquisition rather than a traditional buy transaction.
What restricted stock units (RSUs) does Gregg M. Sherrill hold in Snap-on (SNA)?
Sherrill directly holds 4,455 restricted stock units linked to Snap-on common stock. Each unit converts into one share on a 1-for-1 basis, providing additional future equity exposure once the vesting and restriction conditions are satisfied under the award terms.