STOCK TITAN

Snap-on (SNA) Sr VP Thomas Ward logs RSU vesting and share tax withholding

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Snap-on Inc. executive equity activity: Sr VP & President - RS&I Group, Thomas J. Ward, reported routine equity transactions on 02/09/2026. A block of 1,811 restricted stock units vested and converted into 1,811 shares of common stock.

To cover taxes on this vesting, 746 common shares were withheld at a price of $368.12 per share, leaving Ward with 59,380.1242 shares of Snap-on common stock held directly as of that date. This total includes a small amount acquired through a dividend reinvestment plan.

Ward also continues to hold various stock options, restricted stock units, and performance units that may deliver additional shares in future years if service and performance conditions described in the award terms are satisfied.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Ward Thomas J

(Last) (First) (Middle)
SNAP-ON INCORPORATED
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)
Sr VP & President - RS&I Group
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026
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 02/09/2026 M(1) 1,811 A (1) 60,126.1242(2) D
Common Stock 02/09/2026 F(3) 746 D $368.12 59,380.1242 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
Restricted Stock Units (4) 02/09/2026 M(1) 1,811 02/09/2026(5) 02/09/2026(5) Common Stock 1,811 (1) 0 D
Stock Option (Right to Buy) $211.67 (6) 02/10/2032 Common Stock 3,823 3,823 D
Stock Option (Right to Buy) $249.26 (6) 02/09/2033 Common Stock 7,928 7,928 D
Stock Option (Right to Buy) $269 02/15/2025(7) 02/15/2034 Common Stock 7,106 7,106 D
Stock Option (Right to Buy) $339.73 02/13/2026(7) 02/13/2035 Common Stock 5,342 5,342 D
Restricted Stock Units (4) 02/15/2027(5) 02/15/2027(5) Common Stock 1,533 1,533 D
Restricted Stock Units (4) 02/13/2028(5) 02/13/2028(5) Common Stock 1,249 1,249 D
Performance Units (4) (8) (8) Common Stock 3,621 3,621 D
Performance Units (4) (9) (9) Common Stock 3,065 3,065 D
Performance Units (4) (10) (10) Common Stock 2,498 2,498 D
Explanation of Responses:
1. 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.
2. Includes 0.0429 shares acquired under a dividend reinvestment plan.
3. Shares were withheld to cover tax withholding upon the vesting of the restricted stock units.
4. 1 for 1.
5. The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
6. Option fully vested.
7. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
8. 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.
9. 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.
10. 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 Thomas J. Ward 02/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Snap-on (SNA) report for Thomas J. Ward on February 9, 2026?

On February 9, 2026, Snap-on executive Thomas J. Ward had 1,811 restricted stock units vest into 1,811 common shares. The filing shows this as a routine equity award vesting tied to his continued employment over a three-year restricted period.

How many Snap-on (SNA) shares were withheld for taxes from Thomas J. Ward’s vesting?

From the 1,811 vested Snap-on shares, 746 common shares were withheld to cover tax obligations. The withholding was executed at a reported price of $368.12 per share, as part of the standard tax settlement on equity compensation vesting.

How many Snap-on (SNA) shares does Thomas J. Ward own after the February 2026 Form 4 transaction?

After the reported transactions, Thomas J. Ward directly holds 59,380.1242 shares of Snap-on common stock. This figure includes a small fractional amount, 0.0429 shares, accumulated through participation in a dividend reinvestment plan.

What happened to the restricted stock units reported for Thomas J. Ward at Snap-on (SNA)?

The restricted stock units reported vested on the indicated date after a three-year restricted period tied to continued employment. They converted on a one-for-one basis into common shares, consistent with the plan terms referenced in the explanatory footnotes.

What stock options does Thomas J. Ward hold according to the Snap-on (SNA) Form 4?

The Form 4 lists several stock option holdings for Thomas J. Ward, including fully vested options and options exercisable between February 2025 and February 2035. These options cover thousands of shares of Snap-on common stock at specified exercise prices under the company’s equity plans.

What performance units are disclosed for Thomas J. Ward in the Snap-on (SNA) filing?

The filing shows performance units tied to goals over the 2023–2025, 2024–2026, and 2025–2027 periods, totaling 3,621, 3,065, and 2,498 target units respectively. If company goals are achieved, up to 200% of these targets may vest, subject to plan limits.
Snap-On Inc

NYSE:SNA

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18.58B
50.82M
Tools & Accessories
Cutlery, Handtools & General Hardware
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United States
KENOSHA