Snap-on (NYSE: SNA) CFO option exercise and insider share sales
Rhea-AI Filing Summary
Snap-on Incorporated’s Senior Vice President – Finance and CFO, Aldo J. Pagliari, reported insider transactions dated 12/11/2025. He exercised a stock option for 10,000 shares of common stock at an exercise price of $138.03 per share, increasing his directly held shares.
On the same day, he sold several blocks of Snap-on common stock, including 960 shares at a weighted average price of $349.6455, 482 shares at $350.897, 1,835 shares at $352.0513, 2,840 shares at $353.0527, and 662 shares at $353.6129. After these transactions, he directly beneficially owned 111,888.0556 shares, which includes shares acquired under a dividend reinvestment plan. The filing notes that the option exercise and related sale to cover the exercise price and estimated tax liability were carried out under a Rule 10b5-1 trading plan adopted on October 22, 2024.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 10,000 | $0.00 | -- |
| Exercise | Common Stock | 10,000 | $138.03 | $1.38M |
| Sale | Common Stock | 960 | $349.6455 | $336K |
| Sale | Common Stock | 482 | $350.897 | $169K |
| Sale | Common Stock | 1,835 | $352.0513 | $646K |
| Sale | Common Stock | 2,840 | $353.0527 | $1.00M |
| Sale | Common Stock | 662 | $353.6129 | $234K |
| 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 | Restricted Stock Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
Footnotes (1)
- The option was exercised, and a portion of the underlying shares were sold to cover the exercise price and estimated tax liability, pursuant to a Rule 10b5-1 Plan, which was adopted on October 22, 2024. Includes 19.0004 shares acquired under a dividend reinvestment plan. This transaction was executed in multiple trades at prices ranging from $349.01 to $350.00. The price reported above reflects the weighted average sale price. the reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated. This transaction was executed in multiple trades at prices ranging from $350.39 to $351.31. The price reported above reflects the weighted average sale price. the reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated. This transaction was executed in multiple trades at prices ranging from $351.45 to $352.42. The price reported above reflects the weighted average sale price. the reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated. This transaction was executed in multiple trades at prices ranging from $352.45 to $353.43. The price reported above reflects the weighted average sale price. the reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated. This transaction was executed in multiple trades at prices ranging from $353.45 to $353.99. The price reported above reflects the weighted average sale price. the reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated. Option fully vested. Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan, which was adopted on October 22, 2024. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column. 1 for 1. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment. 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 transaction did Snap-on (SNA) report for its CFO?
Snap-on reported that its Senior Vice President – Finance & CFO, Aldo J. Pagliari, exercised a stock option for 10,000 shares of common stock on 12/11/2025 and sold portions of the acquired shares the same day.
Were the Snap-on (SNA) CFO’s transactions made under a Rule 10b5-1 trading plan?
Yes. The filing states that the option exercise and a portion of the underlying share sales to cover the exercise price and estimated taxes were conducted under a Rule 10b5-1 Plan adopted on October 22, 2024.
What stock options and equity awards does the Snap-on (SNA) CFO still hold?
Following the transactions, the CFO continues to hold several stock options with various exercise prices and expiration dates, as well as restricted stock units and performance units tied to Snap-on common stock, including options for 36,000 shares at $168.7 expiring on 02/09/2027 and additional grants with later expiration dates.
Why were some Snap-on (SNA) stock sales reported with price ranges?
Certain sales were executed in multiple trades within price ranges; the reported figures are weighted average sale prices. The reporting person undertook to provide full trade details to the SEC staff, the issuer, or a security holder upon request.