June C. Lemerand, VP and Chief Information Officer of Snap-on Inc, filed a Form 4 on August 11, 2026, reporting the exercise of two stock option grants and the sale of 4,352 shares of common stock on the same date.

Key Highlights

  • Options exercised: Lemerand exercised 1,200 options at $168.70 per share and 1,200 options at $161.18 per share, both transaction code M, on August 11, 2026.
  • Shares sold: A total of 4,352 shares were disposed of across three separate sale transactions at weighted average prices of $413.9881, $413.3696, and $413.9212.
  • Remaining direct holdings: Following all reported transactions, Lemerand directly held 981.2299 shares of common stock.
  • Remaining options: Lemerand retained stock options covering shares with exercise prices ranging from $155.34 to $378.55, expiring between 2030 and 2036.
  • Other equity awards outstanding: The filing reports restricted stock units covering 1,551 shares in total and performance units with target amounts of 1,116, 971, and 1,016 shares under three separate performance periods.

Lemerand's Option Exercises and Share Sales at Snap-on on August 11, 2026

According to the filing, Lemerand exercised two fully vested stock option grants on August 11, 2026. The first exercise covered 1,200 shares at an exercise price of $168.70, and the second covered 1,200 shares at $161.18. Both were designated as Rule 16b-3 stock option exercises under transaction code M. After the first exercise, the filing reported beneficial ownership of 4,133.2299 shares, which rose to 5,333.2299 shares after the second exercise. The filing notes that the first figure includes 7.9901 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 12.4462 shares acquired under a dividend reinvestment plan.

Following the option exercises, the filing reports three sale transactions, all on August 11, 2026. The first sale covered 1,952 shares at a weighted average price of $413.9881, with individual trade prices ranging from $413.49 to $414.24. The second covered 2,275 shares at a weighted average of $413.3696, with prices ranging from $412.80 to $413.79. The third covered 125 shares at a weighted average of $413.9212, with prices ranging from $413.855 to $414.15. All three sales were executed in multiple trades, and the filing states that full trade-level detail is available upon request to the SEC staff, the issuer, or a security holder.

The filing was made for Snap-on Inc, listed on the New York Stock Exchange as NYSE:SNA. The form was signed by Ryan S. Lovitz under Power of Attorney for June C. Lemerand on August 11, 2026. Lemerand also holds restricted stock units vesting in 2027, 2028, and 2029, as well as performance units tied to three separate company goal periods covering 2024-2026, 2025-2027, and 2026-2028, with maximum payouts of 200% of the reported target amounts, subject to plan limits.

What Was Disclosed

The Form 4 filed August 11, 2026 discloses that Snap-on VP and CIO June C. Lemerand exercised 2,400 stock options and sold 4,352 shares of common stock, reducing her direct beneficial ownership to 981.2299 shares.