Snap-on Inc 4
0000091440-26-000151
View on SEC EDGARSnap-on Inc. VP - Operations Development Iain Boyd exercised 1,878 stock options and sold the resulting 1,878 shares of common stock at $423.00 per share on August 6, 2026 under a Rule 10b5-1 plan.
On August 6, 2026, Snap-on Inc. VP - Operations Development Iain Boyd exercised three tranches of stock options for a total of 1,878 common shares at strike prices of $211.67, $249.26, and $269.00 per share (1,558, 160, and 160 shares, respectively), adding the resulting shares to his direct holdings before immediately selling 1,878 shares at $423.00 per share under a pre-arranged Rule 10b5-1 trading plan. The gross value of the sale was approximately $794,994, while the aggregate cost basis of the exercised options was about $403,631, implying roughly $391,000 of intrinsic value realized in this cashless exercise-and-sell transaction. After these transactions, Boyd reported direct ownership of 13,583.0218 Snap-on common shares (plus 712.6051 shares indirectly via a 401(k) plan and other plan accounts), with his direct stake worth an estimated $5.6 million based on a recent trading price of about $411.11 per share. The filing also lists multiple outstanding option, RSU, performance unit, and deferred stock unit awards that remain unexercised or unvested and are part of his ongoing compensation arrangements.
Filing Facts
- CIK
- 91440
- Ticker
- SNA
- Form
- 4
- Source Type
- sec
- Accession
- 0000091440-26-000151
- Alert Tier
- 6