Snap-on (SNA) director receives 520-share stock grant and holds 9,607 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Snap-on Inc. director Karen L. Daniel reported an acquisition of company stock through an equity award. On February 12, 2026, she received a grant of 520 shares of common stock, described as a grant of restricted stock from the company, bringing her direct common stock holdings to 8,550 shares.
She also holds 9,607 restricted stock units, each convertible into one share of common stock on a 1-for-1 basis. All restrictions on these units lapse upon the earliest of retirement from the board, death, or a change in control, with payout timing tied to her 70th birthday or those events.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Daniel Karen L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 520 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,550 shares (Direct);
Restricted Stock Units — 9,607 shares (Direct)
Footnotes (1)
- Grant of restricted stock from the Company. 1 for 1. All restrictions lapse upon the earliest of retirement from the Board, death or a change in control; the reporting person will receive the underlying shares upon the earliest of the reporting person's 70th birthday if the reporting person leaves the Board before that time (in which case she will receive them in one lump sum or five equal annual installments depending on the applicable deferral election), death or a change in control.
FAQ
What insider transaction did Snap-on (SNA) director Karen L. Daniel report?
Karen L. Daniel reported receiving a grant of 520 shares of Snap-on common stock. The filing identifies this as a grant of restricted stock from the company, increasing her directly owned common stock holdings to 8,550 shares following the reported transaction.
Was the Snap-on (SNA) stock acquired by purchase or as an equity award?
The 520 shares of Snap-on common stock were acquired as an equity award, not a market purchase. The transaction is coded as a grant, and the footnotes describe it explicitly as a grant of restricted stock from the company to the reporting director.
What restricted stock units does Karen L. Daniel hold in Snap-on (SNA)?
She holds 9,607 restricted stock units, each exchangeable for one share of Snap-on common stock. These units are subject to restrictions that lapse at the earliest of retirement from the board, death, or a change in control, with payout tied to specific future milestones.
When do the restrictions on Snap-on (SNA) restricted stock units lapse for Karen L. Daniel?
Restrictions lapse upon the earliest of retirement from the board, death, or a change in control. If she leaves the board before age 70, she receives underlying shares at her 70th birthday in either a lump sum or five installments, depending on her deferral election.
What is the conversion ratio of Karen L. Daniel’s Snap-on (SNA) restricted stock units?
The restricted stock units convert into Snap-on common stock on a 1-for-1 basis. A footnote states “1 for 1,” meaning each restricted stock unit represents the right to receive one share of common stock when the applicable restrictions and timing conditions are satisfied.