Snap-on CEO Pinchuk sells 23,447 shares after exercise
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Form Type
4
Rhea-AI Filing Summary
Snap-on Inc. (SNA) Chairman, President and CEO Nicholas T. Pinchuk exercised 33,750 stock options at an exercise price of $168.70 per share on November 11, 2026, acquiring 33,750 common shares. He sold 23,447 shares in five reported transactions, at weighted-average prices ranging from $370.9616 to $374.5806 per share. The exercise and sales were pursuant to a Rule 10b5-1 plan adopted on November 3, 2025. A portion of the underlying shares was sold to cover the exercise price and estimated tax liability.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
PINCHUK NICHOLAS T
Role
Chairman, President and CEO
Sold
23,447 shs ($8.76M)
Approx. gross sale proceeds
$8.76M
Approx. exercise cost
$5.69M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1, F10, F9 | 33,750 | -- | -- |
| Exercise | Common Stock F1, F2 | 33,750 | $168.70 | $5.69M |
| Sale | Common Stock F1, F3 | 932 | $370.9616 | $346K |
| Sale | Common Stock F1, F4 | 4,108 | $371.7053 | $1.53M |
| Sale | Common Stock F1, F5 | 3,164 | $372.7402 | $1.18M |
| Sale | Common Stock F1, F6 | 5,419 | $373.668 | $2.02M |
| Sale | Common Stock F1, F7 | 9,824 | $374.5806 | $3.68M |
| Holding | Stock Option (Right to Buy) F9 | -- | -- | -- |
| Holding | Stock Option (Right to Buy) F9 | -- | -- | -- |
| Holding | Stock Option (Right to Buy) F9 | -- | -- | -- |
| Holding | Stock Option (Right to Buy) F9 | -- | -- | -- |
| Holding | Stock Option (Right to Buy) F9 | -- | -- | -- |
| Holding | Stock Option (Right to Buy) F9 | -- | -- | -- |
| Holding | Stock Option (Right to Buy) F11 | -- | -- | -- |
| Holding | Stock Option (Right to Buy) F11 | -- | -- | -- |
| Holding | Stock Option (Right to Buy) F11 | -- | -- | -- |
| Holding | Restricted Stock Units F12, F13 | -- | -- | -- |
| Holding | Restricted Stock Units F12, F13 | -- | -- | -- |
| Holding | Restricted Stock Units F12, F13 | -- | -- | -- |
| Holding | Performance Units F12, F14 | -- | -- | -- |
| Holding | Performance Units F12, F15 | -- | -- | -- |
| Holding | Performance Units F12, F16 | -- | -- | -- |
| Holding | Deferred Stock Units F12, F17, F8 | -- | -- | -- |
| Holding | Common Stock F8 | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 417,064 options (Direct);
Common Stock — 878,081.9649 shares (Direct);
Restricted Stock Units — 14,054 units (Direct);
Performance Units — 42,161 units (Direct);
Deferred Stock Units — 26,759.0195 units (Direct);
Common Stock — 883.3951 shares (Indirect, By 401(k) Plan)
Footnotes (17)
- F1. 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.
- F2. Includes 0.0062 shares acquired under a dividend reinvestment plan.
- F3. This transaction was executed in multiple trades at prices ranging from $370.20 to $371.19. 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.
- F4. This transaction was executed in multiple trades at prices ranging from $371.20 to $372.18. 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.
- F5. This transaction was executed in multiple trades at prices ranging from $372.20 to $373.19. 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.
- F6. This transaction was executed in multiple trades at prices ranging from $373.20 to $374.19. 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.
- F7. This transaction was executed in multiple trades at prices ranging from $374.20 to $375.03. 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.
- F8. This information is based on a plan statement dated September 30, 2026.
- F9. Option fully vested.
- F10. Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan, which was adopted on November 3, 2025.
- F11. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- F12. 1 for 1.
- F13. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
- F14. 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.
- F15. 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.
- F16. 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.
- F17. Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.
Key Figures
Options exercised: 33,750 options
Exercise price: $168.70 per share
Shares sold: 23,447 shares
+5 more
8 metrics
Options exercised
33,750 options
November 11, 2026; exercised for common shares
Exercise price
$168.70 per share
Options exercised on November 11, 2026
Shares sold
23,447 shares
Five reported sale transactions on November 11, 2026
Sale transaction
932 shares at $370.9616 per share
Weighted-average sale price on November 11, 2026
Sale transaction
4,108 shares at $371.7053 per share
Weighted-average sale price on November 11, 2026
Sale transaction
3,164 shares at $372.7402 per share
Weighted-average sale price on November 11, 2026
Sale transaction
5,419 shares at $373.6680 per share
Weighted-average sale price on November 11, 2026
Sale transaction
9,824 shares at $374.5806 per share
Weighted-average sale price on November 11, 2026
Key Terms
Rule 10b5-1 Plan, Rule 16b-3 stock option, weighted average sale price, Restricted Stock Units, +2 more
6 terms
Rule 10b5-1 Plan regulatory
"pursuant to a Rule 10b5-1 Plan, adopted on November 3, 2025"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Rule 16b-3 stock option regulatory
"Exercise of Rule 16b-3 stock option"
weighted average sale price financial
"the price reported above reflects the weighted average sale price"
Restricted Stock Units financial
"The restricted stock units vest three years from the grant date"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Units financial
"the performance units will vest and stock will be awarded"
Performance units are company awards that become valuable only if specified business targets are met; they typically convert into shares or cash when performance goals are achieved. Think of them like a conditional bonus that turns into stock only if the company hits agreed milestones, so they align managers’ incentives with shareholders’ interests and can affect future share count, executive pay expense, and investor returns.
Deferred Stock Units financial
"Deferred Stock Units"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many SNA options did Nicholas T. Pinchuk exercise, and at what price?
Nicholas T. Pinchuk exercised 33,750 stock options at an exercise price of $168.70 per share on November 11, 2026, acquiring 33,750 common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
