Snap-on (NYSE: SNA) VP Ozolins reports vesting, tax withholding and new awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snap-on Inc. executive equity activity: Vice President & Controller Marty V. Ozolins reported several equity award events dated February 12, 2026. Based on Company performance for 2023–2025, 69.7% of certain performance units vested, with a portion converted into common stock and a portion deferred.
From these awards, 15 shares of common stock were issued through a derivative exercise, while 15 shares were withheld at $378.55 per share to cover tax obligations, leaving Ozolins with 1,436.0553 directly held common shares. Some underlying shares were deferred into 423 deferred stock units.
On the same date, Ozolins received new grants of 1,084 stock options with a $378.55 exercise price expiring in 2036, plus 261 restricted stock units vesting in 2029 and 522 performance units tied to Company goals for 2026–2028. These are standard compensation-related transactions rather than open-market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
861 shares exercised/converted
Mixed
22 txns
Insider
OZOLINS MARTY V.
Role
Vice President & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Performance Units | 191 | $0.00 | -- |
| Exercise | Performance Units | 15 | $0.00 | -- |
| Exercise | Performance Units | 423 | $0.00 | -- |
| Exercise | Deferred Stock Units | 423 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 1,084 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 261 | $0.00 | -- |
| Grant/Award | Performance Units | 522 | $0.00 | -- |
| Exercise | Common Stock | 15 | $0.00 | -- |
| Tax Withholding | Common Stock | 15 | $378.55 | $6K |
| 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 | Performance Units | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
Holdings After Transaction:
Performance Units — 438 shares (Direct);
Deferred Stock Units — 3,665.991 shares (Direct);
Stock Option (Right to Buy) — 1,084 shares (Direct);
Restricted Stock Units — 261 shares (Direct);
Common Stock — 1,451.055 shares (Direct)
Footnotes (1)
- Based on Company performance during the 2023-2025 period, 69.7% of the performance units vested (as previously disclosed, the reporting person had the opportunity to earn up to 200% of the number originally reported, subject to plan limits). The reporting person elected to defer the receipt of a portion of the underlying shares. Shares were withheld to cover tax withholding upon the vesting of performance units. 1 for 1. Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment. This information is based on a plan statement dated December 31, 2025, as updated by the transaction being reported on this Form 4 and the transaction reported on the Form 4 dated February 9, 2026. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column. The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option. 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 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. Option fully vested. 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 Marty V. Ozolins on February 12, 2026?
Snap-on reported equity award activity for Marty V. Ozolins on February 12, 2026, including vesting of performance units, conversion into common shares, tax share withholding, and new grants of stock options, restricted stock units, and performance units as part of his compensation.
What new stock options did Marty V. Ozolins receive from Snap-on (SNA)?
On February 12, 2026, Marty V. Ozolins received a grant of 1,084 Snap-on stock options with a $378.55 exercise price. According to the filing, these options expire on February 12, 2036 and were granted at no cost to him as part of compensation.
What performance-based awards are disclosed for Snap-on (SNA) executive Marty V. Ozolins?
The filing notes that 69.7% of earlier performance units vested based on 2023–2025 results, and 522 new performance units were granted. The new units may vest, and stock be awarded, if Snap-on meets specified goals over the 2026–2028 performance period, subject to plan limits.
What deferred stock units does Marty V. Ozolins hold at Snap-on (SNA)?
Following the February 12, 2026 transactions, Marty V. Ozolins holds 3,665.9911 deferred stock units. Part of the vested performance units was converted into 423 deferred stock units, which will be paid in accordance with his deferral elections, or upon specified employment-related events.
What restricted stock units did Snap-on (SNA) grant to Marty V. Ozolins?
Snap-on granted Marty V. Ozolins 261 restricted stock units on February 12, 2026. These units are scheduled to vest on February 12, 2029, assuming continued employment through that date, and will then convert into an equivalent number of Snap-on common shares.