Snap-on executive Ward reports RSU vesting, tax withholding
Snap-on Inc. executive equity activity: Sr VP & President - RS&I Group, Thomas J. Ward, reported routine equity transactions on 02/09/2026.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,811 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,811 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 746 | $368.12 | $275K |
| 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 (10)
- 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.
- F2. Includes 0.0429 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. Option fully vested.
- F7. Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- F8. 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.
- F9. 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.
- F10. 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 Thomas J. Ward on February 9, 2026?
What happened to the restricted stock units reported for Thomas J. Ward at Snap-on (SNA)?
What stock options does Thomas J. Ward hold according to the Snap-on (SNA) Form 4?
What performance units are disclosed for Thomas J. Ward in the Snap-on (SNA) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.