Snap-on Inc 4
0000091440-26-000159
View on SEC EDGARNicholas T. Pinchuk, Chairman, President and CEO of Snap-on Inc. (SNA), exercised 33,750 stock options and sold 22,889 shares of common stock on August 18, 2026 under a Rule 10b5-1 plan.
On August 18, 2026, Snap-on Inc. Chairman, President and CEO Nicholas T. Pinchuk exercised a vested employee stock option covering 33,750 shares of common stock at an exercise price of $168.70 per share, acquiring approximately $5.70 million of stock at the exercise price. On the same day, pursuant to a Rule 10b5-1 trading plan, he sold a total of 22,889 shares in multiple open-market transactions at weighted average prices between about $397.50 and $401.93 per share, generating roughly $9.12 million in gross proceeds and effectively covering the option exercise cost and associated tax obligations. After these transactions, he retained a net increase of 10,861 shares from the exercise and continued to hold 867,778.9587 shares directly (worth about $341.8 million at the recent ~$393.93 share price) plus 875.0682 shares indirectly in a 401(k) plan, along with multiple outstanding option, RSU, performance unit, and deferred stock unit awards, indicating the trades were primarily for liquidity and tax rather than a reduction in his overall economic exposure.
Filing Facts
- CIK
- 91440
- Ticker
- SNA
- Form
- 4
- Source Type
- sec
- Accession
- 0000091440-26-000159
- Alert Tier
- 6