Snap-on CEO Pinchuk sells $8.7M in company stock after option exercise

Nicholas T. Pinchuk, CEO of Snap-on Inc., sold $8.7 million worth of the company's stock on November 11, 2026, following the exercise of stock options. Under a pre-approved trading plan, Pinchuk bought 33,750 shares at $168.70 each, then sold 23,447 shares ranging in price from $370.20 to $375.03. The sales aimed to cover exercise costs and tax liabilities.

After the transactions, Pinchuk holds 878,081.9649 shares directly and another 883.3951 shares indirectly through his 401(k) plan. Despite Snap-on's recent disappointing third-quarter 2026 financial results, Pinchuk's stock sales were executed under a Rule 10b5-1 plan, with the shares trading at $367.89 at the time.