Snap-on (NYSE: SNA) VP Ozolins reports vesting, tax withholding and new awards

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.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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^*

OZOLINS MARTY V.

(Last) (First) (Middle)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President & Controller

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

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	02/12/2026		M(1)		15	A	(1)	1,451.0553	D
Common Stock	02/12/2026		F(2)		15	D	$378.55	1,436.0553	D

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
Performance Units	(3)	02/12/2026		D(1)			191	(1)	(1)	Common Stock	191	(1)	438	D
Performance Units	(3)	02/12/2026		M(1)			15	(1)	(1)	Common Stock	15	(1)	423	D
Performance Units	(3)	02/12/2026		M(1)			423	(1)	(1)	Common Stock	423	(1)	0	D
Deferred Stock Units	(3)	02/12/2026		M(1)		423		(4)	(4)	Common Stock	423	(1)	3,665.9911(5)	D
Stock Option (Right to Buy)	$378.55	02/12/2026		A		1,084		02/12/2027(6)	02/12/2036	Common Stock	1,084	$0(7)	1,084	D
Restricted Stock Units	(3)	02/12/2026		A		261		02/12/2029(8)	02/12/2029(8)	Common Stock	261	$0	261	D
Performance Units	(3)	02/12/2026		A		522		(9)	(9)	Common Stock	522	$0	522	D
Stock Option (Right to Buy)	$168.7							(10)	02/09/2027	Common Stock	800		800	D
Stock Option (Right to Buy)	$161.18							(10)	02/15/2028	Common Stock	1,000		1,000	D
Stock Option (Right to Buy)	$155.92							(10)	02/14/2029	Common Stock	1,250		1,250	D
Stock Option (Right to Buy)	$155.34							(10)	02/13/2030	Common Stock	1,300		1,300	D
Stock Option (Right to Buy)	$189.89							(10)	02/11/2031	Common Stock	1,316		1,316	D
Stock Option (Right to Buy)	$211.67							(10)	02/10/2032	Common Stock	1,676		1,676	D
Stock Option (Right to Buy)	$249.26							(10)	02/09/2033	Common Stock	1,377		1,377	D
Stock Option (Right to Buy)	$269							02/15/2025(6)	02/15/2034	Common Stock	1,356		1,356	D
Stock Option (Right to Buy)	$339.73							02/13/2026(6)	02/13/2035	Common Stock	1,068		1,068	D
Restricted Stock Units	(3)							02/15/2027(8)	02/15/2027(8)	Common Stock	292		292	D
Restricted Stock Units	(3)							02/13/2028(8)	02/13/2028(8)	Common Stock	250		250	D
Performance Units	(3)							(11)	(11)	Common Stock	585		585	D
Performance Units	(3)							(12)	(12)	Common Stock	499		499	D

Explanation of Responses:

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.

2. Shares were withheld to cover tax withholding upon the vesting of performance units.

3. 1 for 1.

4. Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.

5. 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.

6. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

7. The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.

8. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

9. 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.

10. Option fully vested.

11. 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.

12. 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.

	/s/ Ryan S. Lovitz under Power of Attorney for Marty V. Ozolins	02/13/2026
	** Signature of Reporting Person	Date
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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.

How many Snap-on (SNA) common shares does Marty V. Ozolins hold after this Form 4?

After the reported transactions, Marty V. Ozolins directly holds 1,436.0553 Snap-on common shares. This reflects 15 shares issued from a derivative exercise and 15 shares withheld at $378.55 per share to satisfy tax obligations associated with vested performance units.

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.

Why were some Snap-on (SNA) shares withheld in Marty V. Ozolins’ Form 4?

The Form 4 states that 15 shares of Snap-on common stock were withheld to cover tax withholding upon vesting of performance units. This tax-withholding disposition used a price of $378.55 per share and is a common method for satisfying equity-related tax liabilities.

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.