Snap-on VP Miller reports RSU vesting, tax withholding
Snap-on Inc. executive Richard Thomas Miller reported routine equity compensation activity.
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Rhea-AI Filing Summary
Snap-on Inc. executive Richard Thomas Miller reported routine equity compensation activity. On 02/09/2026, 501 restricted stock units converted into 501 shares of common stock, and an additional 55 units also vested, with a portion deferred into deferred stock units according to his prior election.
To cover tax withholding on the vesting, 137 common shares were withheld at a price of $368.12 per share. After these transactions, Miller directly held 4,524.8886 shares of Snap-on common stock, along with various vested stock options, restricted stock units, and performance units tied to future company performance goals.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 501 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 55 | $0.00 | $0.00 |
| Exercise | Deferred Stock Units | 55 | $0.00 | $0.00 |
| Exercise | Common Stock | 501 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 137 | $368.12 | $50K |
| 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 | -- | -- | -- |
| holding | Performance Units | -- | -- | -- |
Footnotes (12)
- F1. The restricted stock units reported above vested on the date indicated based on continued employment of the reporting person throughout the three-year restricted period. The reporting person elected to defer a portion of the restricted stock units on vesting.
- F2. Includes 2.4973 shares acquired under a dividend reinvestment plan.
- F3. Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
- F4. 1 for 1.
- F5. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
- F6. Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
- F7. This information is based on a plan statement dated December 31, 2025, as updated by the transaction being reported on this Form 4.
- F8. Option fully vested.
- F9. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- F10. 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.
- F11. 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.
- F12. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Snap-on (SNA) report for Richard Thomas Miller?
What do the deferred stock units mean in Snap-on (SNA) executive Miller’s filing?
What stock options does Richard Thomas Miller hold at Snap-on (SNA)?
How are Snap-on (SNA) performance units structured in Miller’s Form 4?
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