{
  "id": 19764460,
  "title": "Snap-on CEO Pinchuk sells $8.7M in company stock after option exercise",
  "url": "https://urgent.news/2026/11/13/snap-on-ceo-pinchuk-sells-8-7m-in-company-stock-after-option-exercise",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T05:46:16.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/snapon-ceo-pinchuk-sells-87m-in-company-stock-after-option-exercise-93CH-5024185"
  },
  "original_language": "en",
  "account": "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.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}