Nicholas T. Pinchuk - 27 Mar 2025 Form 4 Insider Report for Snap-on Inc (SNA)

Role
Chairman, President and CEO, Director
Signature
/s/ Ryan S. Lovitz under Power of Attorney for Nicholas T. Pinchuk
Issuer symbol
SNA
Transactions as of
27 Mar 2025
Net transactions value
-$2,953,243
Form type
4
Filing time
27 Mar 2025, 17:26:43 UTC
Previous filing
18 Feb 2025
Next filing
02 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNA Common Stock Options Exercise $4,658,512 +33,750 +4.3% $138.03 816,632 27 Mar 2025 Direct F1, F2
transaction SNA Common Stock Sale $246,383 -742 -0.09% $332.05 815,890 27 Mar 2025 Direct F1, F3
transaction SNA Common Stock Sale $173,522 -521 -0.06% $333.06 815,369 27 Mar 2025 Direct F1, F4
transaction SNA Common Stock Sale $1,585,327 -4,740 -0.58% $334.46 810,629 27 Mar 2025 Direct F1, F5
transaction SNA Common Stock Sale $2,918,770 -8,709 -1.1% $335.14 801,920 27 Mar 2025 Direct F1, F6
transaction SNA Common Stock Sale $2,109,540 -6,274 -0.78% $336.24 795,646 27 Mar 2025 Direct F1, F7
transaction SNA Common Stock Sale $375,379 -1,114 -0.14% $336.96 794,532 27 Mar 2025 Direct F1, F8
transaction SNA Common Stock Sale $202,836 -600 -0.08% $338.06 793,932 27 Mar 2025 Direct F1
holding SNA Common Stock 845 27 Mar 2025 By 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SNA Stock Option (Right to Buy) Options Exercise -33,750 -25% 101,250 27 Mar 2025 Common Stock 33,750 $138.03 Direct F1, F9, F10
holding SNA Stock Option (Right to Buy) 135,000 27 Mar 2025 Common Stock 135,000 $168.70 Direct F9
holding SNA Stock Option (Right to Buy) 92,288 27 Mar 2025 Common Stock 92,288 $161.18 Direct F9
holding SNA Stock Option (Right to Buy) 83,059 27 Mar 2025 Common Stock 83,059 $155.92 Direct F9
holding SNA Stock Option (Right to Buy) 83,059 27 Mar 2025 Common Stock 83,059 $155.34 Direct F9
holding SNA Stock Option (Right to Buy) 40,687 27 Mar 2025 Common Stock 40,687 $189.89 Direct F9
holding SNA Stock Option (Right to Buy) 32,286 27 Mar 2025 Common Stock 32,286 $211.67 Direct F9
holding SNA Stock Option (Right to Buy) 24,295 27 Mar 2025 Common Stock 24,295 $249.26 Direct F11
holding SNA Stock Option (Right to Buy) 23,710 27 Mar 2025 Common Stock 23,710 $269.00 Direct F11
holding SNA Stock Option (Right to Buy) 18,925 27 Mar 2025 Common Stock 18,925 $339.73 Direct F11
holding SNA Restricted Stock Units 5,549 27 Mar 2025 Common Stock 5,549 Direct F12, F13
holding SNA Restricted Stock Units 5,114 27 Mar 2025 Common Stock 5,114 Direct F12, F13
holding SNA Restricted Stock Units 4,425 27 Mar 2025 Common Stock 4,425 Direct F12, F13
holding SNA Performance Units 16,645 27 Mar 2025 Common Stock 16,645 Direct F12, F14
holding SNA Performance Units 15,340 27 Mar 2025 Common Stock 15,340 Direct F12, F15
holding SNA Performance Units 13,275 27 Mar 2025 Common Stock 13,275 Direct F12, F16
holding SNA Deferred Stock Units 25,557 27 Mar 2025 Common Stock 25,557 Direct F12, F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The option was exercised, and a portion of the underlying shares were sold to cover the exercise price and estimated tax liability, pursuant to a Rule 10b5-1 Plan, which was adopted on October 23, 2024.
F2 Includes 1.4072 shares acquired under a dividend reinvestment plan.
F3 This transaction was executed in multiple trades at prices ranging from $331.77 to $332.74. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F4 This transaction was executed in multiple trades at prices ranging from $332.77 to $333.75. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F5 This transaction was executed in multiple trades at prices ranging from $333.78 to $334.76. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F6 This transaction was executed in multiple trades at prices ranging from $334.78 to $335.76. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F7 This transaction was executed in multiple trades at prices ranging from $335.79 to $336.78. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F8 This transaction was executed in multiple trades at prices ranging from $336.80 to $337.17. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F9 Option fully vested.
F10 Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan, which was adopted on October 23, 2024.
F11 Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F12 1 for 1.
F13 The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F14 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.
F15 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.
F16 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.
F17 Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.