Marty V. Ozolins, Vice President and Controller of Snap-on Inc, filed a Form 4 on August 27, 2026, disclosing the exercise of 800 stock options and the same-day sale of 800 shares of common stock on August 26, 2026, pursuant to a Rule 10b5-1 plan.

Key Highlights

  • Option exercise: Ozolins exercised 800 stock options with an exercise price of $168.70 per share on August 26, 2026.
  • Shares sold: 800 shares of common stock were disposed of at $400.00 per share on the same date.
  • Beneficial ownership after transactions: Direct ownership of common stock stands at 1,525.801 shares following the reported transactions.
  • Rule 10b5-1 plan: Both the option exercise and the share sale were made pursuant to a Rule 10b5-1 plan adopted on May 21, 2026.
  • Remaining options: Ozolins holds stock options across multiple tranches with exercise prices ranging from $155.34 to $378.55, covering thousands of underlying shares.
  • Additional equity holdings: The filing also discloses restricted stock units, performance units, and 3,713.9586 deferred stock units, based on a plan statement dated June 30, 2026.

Snap-on Officer's Option Exercise, Sale, and Remaining Equity Holdings

According to the filing, Ozolins, identified as Vice President and Controller of Snap-on Inc (NYSE:SNA), executed a same-day exercise-and-sell transaction on August 26, 2026. He exercised 800 fully vested stock options at an exercise price of $168.70 per share, acquiring 800 shares of common stock, and then disposed of those 800 shares at $400.00 per share. The filing states that both actions were carried out under a Rule 10b5-1 plan adopted on May 21, 2026.

Following these transactions, the filing reports that Ozolins directly owns 1,525.801 shares of common stock. The filing notes this figure includes 76.6213 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 13.1244 shares acquired under a dividend reinvestment plan, reflected in the prior ownership amount of 2,325.801 shares before the sale.

The filing also discloses a range of remaining derivative securities held directly by Ozolins. These include stock options with expiration dates extending from February 2028 through February 2036, restricted stock units vesting on specific dates in 2027, 2028, and 2029, and performance units tied to company goal attainment over the 2024-2026, 2025-2027, and 2026-2028 periods. The filing states that for each performance unit tranche, the target number of units is reported and the maximum amount is 200% of that number, subject to plan limits. Additionally, 3,713.9586 deferred stock units are disclosed, with payment to be made in accordance with the reporting person's deferral election, death, disability, or termination of employment.

What Was Disclosed

The filing covers the August 26, 2026 exercise of 800 stock options at $168.70 and the same-day sale of 800 shares at $400.00 by Snap-on's Vice President and Controller, both executed under a pre-established Rule 10b5-1 plan, along with a detailed accounting of remaining equity awards.