STOCK TITAN

Snap-on (SNA) CEO exercises 33,750 options, sells 23,229 shares under 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Snap-on Inc Chairman, President and CEO Nicholas T. Pinchuk exercised stock options for 33,750 shares of common stock at a price of $168.7000 per share and acquired the corresponding common shares. On the same date, he sold 23,229 common shares in open-market transactions at weighted average prices ranging from about $380.74 to $388.79 to cover the option exercise price and estimated tax liability under a pre-established Rule 10b5-1 trading plan adopted on November 3, 2025. Following these transactions, he directly held 846,562.4362 common shares.

Positive

  • None.

Negative

  • None.
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).
X
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*
PINCHUK NICHOLAS T

(Last) (First) (Middle)
SNAP-ON INCORPORATED
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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman, President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
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 02/23/2026 M(1) 33,750 A $168.7 869,791.4362 D
Common Stock 02/23/2026 S(1) 5,777 D $381.3554(2) 864,014.4362 D
Common Stock 02/23/2026 S(1) 4,538 D $382.1938(3) 859,476.4362 D
Common Stock 02/23/2026 S(1) 3,450 D $383.2594(4) 856,026.4362 D
Common Stock 02/23/2026 S(1) 3,933 D $384.2243(5) 852,093.4362 D
Common Stock 02/23/2026 S(1) 3,652 D $385.2553(6) 848,441.4362 D
Common Stock 02/23/2026 S(1) 1,000 D $386.3456(7) 847,441.4362 D
Common Stock 02/23/2026 S(1) 479 D $387.0037(8) 846,962.4362 D
Common Stock 02/23/2026 S(1) 400 D $388.678(9) 846,562.4362 D
Common Stock 867.7043 I By 401(k) Plan
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
Stock Option (Right to Buy) $168.7 02/23/2026 M(1) 33,750 (10) 02/09/2027 Common Stock 33,750 (11) 101,250 D
Stock Option (Right to Buy) $161.18 (10) 02/15/2028 Common Stock 92,288 92,288 D
Stock Option (Right to Buy) $155.92 (10) 02/14/2029 Common Stock 83,059 83,059 D
Stock Option (Right to Buy) $155.34 (10) 02/13/2030 Common Stock 83,059 83,059 D
Stock Option (Right to Buy) $189.89 (10) 02/11/2031 Common Stock 40,687 40,687 D
Stock Option (Right to Buy) $211.67 (10) 02/10/2032 Common Stock 32,286 32,286 D
Stock Option (Right to Buy) $249.26 (10) 02/09/2033 Common Stock 24,295 24,295 D
Stock Option (Right to Buy) $269 02/15/2025(12) 02/15/2034 Common Stock 23,710 23,710 D
Stock Option (Right to Buy) $339.73 02/13/2026(12) 02/13/2035 Common Stock 18,925 18,925 D
Stock Option (Right to Buy) $378.55 02/12/2027(12) 02/12/2036 Common Stock 18,755 18,755 D
Restricted Stock Units (13) 02/15/2027(14) 02/15/2027(14) Common Stock 5,114 5,114 D
Restricted Stock Units (13) 02/13/2028(14) 02/13/2028(14) Common Stock 4,425 4,425 D
Restricted Stock Units (13) 02/12/2029(14) 02/12/2029(14) Common Stock 4,515 4,515 D
Performance Units (13) (15) (15) Common Stock 15,340 15,340 D
Performance Units (13) (16) (16) Common Stock 13,275 13,275 D
Performance Units (13) (17) (17) Common Stock 13,546 13,546 D
Deferred Stock Units (13) (18) (18) Common Stock 26,242.585 26,242.585 D
Explanation of Responses:
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 November 3, 2025.
2. This transaction was executed in multiple trades at prices ranging from $380.74 to $381.73. 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.
3. This transaction was executed in multiple trades at prices ranging from $381.74 to $382.73. 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.
4. This transaction was executed in multiple trades at prices ranging from $382.74 to $383.73. 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.
5. This transaction was executed in multiple trades at prices ranging from $383.75 to $384.74. 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.
6. This transaction was executed in multiple trades at prices ranging from $384.75 to $385.71. 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.
7. This transaction was executed in multiple trades at prices ranging from $385.81 to $386.64. 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.
8. This transaction was executed in multiple trades at prices ranging from $386.84 to $387.64. 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.
9. This transaction was executed in multiple trades at prices ranging from $388.63 to $388.79. 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.
10. Option fully vested.
11. Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan, which was adopted on November 3, 2025.
12. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
13. 1 for 1.
14. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
15. 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.
16. 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.
17. If the Company achieves certain goals over the 2026-2028 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.
18. Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
/s/ Ryan S. Lovitz under Power of Attorney for Nicholas T. Pinchuk 02/23/2026
** 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 did Snap-on (SNA) CEO Nicholas T. Pinchuk report in this Form 4?

Nicholas T. Pinchuk reported exercising stock options for 33,750 Snap-on shares and selling 23,229 shares in open-market trades. These transactions were executed under a Rule 10b5-1 trading plan adopted on November 3, 2025, and related to covering exercise and tax obligations.

How many Snap-on (SNA) shares did the CEO sell and at what prices?

He sold 23,229 shares of Snap-on common stock in multiple open-market trades. Weighted average sale prices ranged from about $380.74 to $388.79 per share, according to detailed footnotes that describe the price ranges for each transaction bucket executed that day.

How many Snap-on (SNA) shares does the CEO own after these transactions?

After exercising options and selling shares, Nicholas T. Pinchuk directly holds 846,562.4362 shares of Snap-on common stock. This figure reflects his updated direct ownership position following all reported option exercises and related open-market sales on the reported transaction date.

Were the Snap-on (SNA) CEO’s share sales pre-planned under a Rule 10b5-1 plan?

Yes. Footnotes state the option exercise and related share sales were executed under a Rule 10b5-1 trading plan. That plan was adopted on November 3, 2025, and the sales covered the option exercise price and estimated tax obligations associated with the exercised options.

What type of derivative securities did the Snap-on (SNA) CEO exercise?

He exercised stock options described as a “Stock Option (Right to Buy)” covering 33,750 shares at an exercise price of $168.7000 per share. A footnote notes that the option was fully vested and the exercise qualified under Rule 16b-3 provisions for equity compensation.

Does the Form 4 show other Snap-on (SNA) equity awards held by the CEO?

Yes. The filing lists holdings of stock options, restricted stock units, performance units, and deferred stock units. Footnotes explain vesting over multi-year performance periods and that some performance units can pay up to 200% of target shares if specified company goals are achieved.
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20.06B
50.70M
Tools & Accessories
Cutlery, Handtools & General Hardware
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United States
KENOSHA