Snap-on (SNA) CEO Pinchuk exercises 33,750 options and sells stock under 10b5-1 plan
Rhea-AI Filing Summary
Snap-on Inc. insider activity: On 12/02/2025, Chairman, President and CEO Nicholas T. Pinchuk exercised a stock option for 33,750 shares of Snap-on common stock at an exercise price of $138.03 per share and acquired the shares. On the same date, he sold multiple blocks of common stock, including 1,928 shares at a weighted average price of $336.1858, 2,144 shares at $337.2043, 1,760 shares at $338.0581, 7,060 shares at $339.4696, 9,277 shares at $340.071, and 438 shares at $341.533, pursuant to a Rule 10b5-1 trading plan adopted on October 24, 2024.
After these transactions, he beneficially owned 826,363.802 shares directly and 862.228 shares indirectly through a 401(k) plan, along with various outstanding stock options, restricted stock units, performance units and deferred stock units tied to Snap-on common stock.
Positive
- None.
Negative
- None.
Insights
Analyzing...
FAQ
What insider transaction did Snap-on (SNA) report for 12/02/2025?
Snap-on reported that its Chairman, President and CEO Nicholas T. Pinchuk exercised a stock option for 33,750 shares of common stock at an exercise price of $138.03 per share on 12/02/2025, and sold multiple blocks of shares on the same date.
How many Snap-on (SNA) shares did the CEO sell in the reported Form 4?
On 12/02/2025, the CEO sold several blocks of Snap-on common stock, including 1,928 shares at $336.1858, 2,144 shares at $337.2043, 1,760 shares at $338.0581, 7,060 shares at $339.4696, 9,277 shares at $340.071, and 438 shares at $341.533 per share, with prices shown as weighted averages.
Was the Snap-on CEO’s stock sale done under a Rule 10b5-1 plan?
Yes. The filing states that the option exercise and related sales were carried out pursuant to a Rule 10b5-1 Plan adopted on October 24, 2024, and that a portion of the underlying shares was sold to cover the exercise price and estimated tax liability.
How many Snap-on (SNA) shares does the CEO own after the reported transactions?
Following the reported transactions, the CEO beneficially owned 826,363.802 shares of Snap-on common stock directly and 862.228 shares indirectly through a 401(k) plan, in addition to various outstanding options and equity awards.
What derivative securities tied to Snap-on (SNA) does the CEO hold after the Form 4?
The CEO holds multiple stock options with different exercise prices and expiration dates, as well as restricted stock units, performance units (with target amounts that may vest based on 2023–2025, 2024–2026, and 2025–2027 performance goals), and deferred stock units, all settled on a 1-for-1 basis in Snap-on common stock.
Why were multiple price ranges disclosed for some Snap-on (SNA) stock sales?
For several sales, the filing notes they were executed in multiple trades within price ranges (for example, from $335.71 to $336.70), and the reported price is a weighted average sale price. The reporting person undertakes to provide full trade details upon request.