Form 4: Snap-on Director Acquires Shares via Fee Plan

Snap-on Inc. Director James P. Holden acquired 40 shares of common stock as part of his director fee plan, increasing his direct beneficial ownership.

Summary

• James P. Holden, a Director of Snap-on Inc. (SNA), acquired 40 shares of common stock on October 31, 2025.
• The shares were acquired at a price of $335.55 per share.
• This acquisition was for the payment of fees in stock under the Company's Directors' 1993 Fee Plan.
• The reported beneficial ownership following this transaction is 8,247.6192 shares held directly.
• This direct ownership includes 19.7806 shares acquired under a dividend reinvestment plan.
• Mr. Holden also indirectly beneficially owns 20,723 shares through a Trust.
• Additionally, Mr. Holden holds 9,607 Restricted Stock Units (RSUs) which convert on a 1-for-1 basis into common stock upon the earliest of retirement from the Board, death, or a change in control.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director's acquisition of shares, even for fees, generally indicates continued confidence and alignment with shareholder interests, though the transaction size is small.

Positives

• A director increasing their stake, even through a fee plan, can signal continued alignment of interests with shareholders.

Future Outlook

This filing is a transactional report and does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

This Form 4 filing reports a routine insider transaction and does not provide information directly related to broader industry trends or competitive landscape.

Related Party Transactions

• The acquisition of shares as payment for director fees is a related party transaction, standard for corporate governance.

Stakeholder Impact

• Shareholders may view the director's increased ownership as a positive sign of management's alignment with shareholder interests.

Key Dates

Recommendation

This Form 4 reports a routine acquisition of shares by a director as part of their compensation plan. While it indicates continued alignment of interests, it does not provide new fundamental information to alter an investment thesis or warrant a change in recommendation based solely on this filing.

Keywords

Snap-on, SNA, Insider Transaction, Form 4, Director Stock Acquisition, Common Stock, Restricted Stock Units, Corporate Governance