Snap-on (NYSE: SNA) executive reports share gift and equity award positions
Rhea-AI Filing Summary
Snap-on Inc. senior executive reports share gift and equity awards. Thomas J. Ward, Sr VP & President of the RS&I Group, filed a Form 4 showing a bona fide gift of 300 shares of Snap-on common stock on 12/04/2025. After this transaction, he beneficially owned 58,315.0813 common shares, which includes 0.1165 shares acquired through a dividend reinvestment plan.
The filing also lists multiple stock options, restricted stock units, and performance units. Stock options cover 3,823, 7,928, 7,106 and 5,342 shares with exercise prices between $211.67 and $339.73 and expirations from 2032 to 2035. Restricted stock units and performance units each convert 1-for-1 into common stock, with vesting generally over three years or based on company goals for 2023–2025, 2024–2026, and 2025–2027, where up to 200% of target units may be earned under plan limits.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Snap-on (SNA) report in this Form 4?
The Form 4 reports that senior executive Thomas J. Ward made a bona fide gift of 300 shares of Snap-on common stock on 12/04/2025, coded as transaction type G.
How many Snap-on (SNA) shares does the reporting person own after the transaction?
Following the reported gift, Thomas J. Ward beneficially owned 58,315.0813 shares of common stock, including 0.1165 shares acquired under a dividend reinvestment plan.
What stock options held by the Snap-on (SNA) executive are disclosed?
The filing lists stock options to buy 3,823 shares at $211.67 expiring on 02/10/2032, 7,928 shares at $249.26 expiring on 02/09/2033, 7,106 shares at $269 expiring on 02/15/2034, and 5,342 shares at $339.73 expiring on 02/13/2035. One option is stated as fully vested, while others vest in three annual installments starting on the dates shown as exercisable.
What restricted stock units (RSUs) for Snap-on (SNA) are reported?
The Form 4 shows RSUs that convert 1-for-1 into common stock, covering 1,811 shares vesting on 02/09/2026, 1,533 shares vesting on 02/15/2027, and 1,249 shares vesting on 02/13/2028. These RSUs vest three years from the grant date, assuming continued employment.
What performance units tied to Snap-on (SNA) stock are disclosed?
The filing reports performance units, each exchangeable 1-for-1 for common stock, with target amounts of 3,621, 3,065, and 2,498 shares. These may vest and result in stock awards if the company meets specified goals over the 2023–2025, 2024–2026, and 2025–2027 periods, respectively, with a maximum of 200% of target units earnable under plan limits.
What is the reporting persons role at Snap-on (SNA)?
The individual filing the Form 4, Thomas J. Ward, is an officer of Snap-on Inc. serving as Sr VP & President - RS&I Group, and the filing is made by one reporting person.