Transaction details
June C. Lemerand, Vice President and Chief Information Officer at Snap-on Inc (NYSE:SNA), sold 1,378 shares of common stock on February 25, 2026. The shares were disposed of at a weighted average price of $387.5729, with sale prices ranging from $387.57 to $387.65, producing total proceeds of $534,075.
Context and holdings after the sale
Following the sale, Lemerand retains direct ownership of 2,912.7936 shares of Snap-on common stock. public data indicate that Lemerand also holds multiple stock options to acquire additional Snap-on shares, with exercise prices spanning $155.34 to $378.55 and expiration dates between 2027 and 2036. In addition to option holdings, Lemerand possesses restricted stock units and performance units that convert into common stock on various dates.
Valuation note and company metrics
The transaction occurred while Snap-on shares were trading near their 52-week peak of $390.13. InvestingPro analysis cited in the record suggests the company appears overvalued at current levels. InvestingPro Tips further note that Snap-on has increased its dividend for 16 consecutive years and reports gross profit margins of 51.73%. The InvestingPro service is listed as offering additional ProTips and Pro Research Reports for deeper review.
Recent quarterly performance
Snap-on reported fourth-quarter 2025 results that presented a mixed picture. Earnings per share came in at $4.94, marginally above the $4.93 consensus estimate. Revenue for the quarter was $1.23 billion, below the $1.24 billion projection. That revenue shortfall has drawn investor attention amid concerns around operating margin contraction. Despite the modest EPS beat, Snap-on shares declined in pre-market trading following the results.
What is included and what is not
The information presented here is limited to the transaction and corporate results specified above. Details about the timing of conversions for restricted and performance units, internal rationale for the equity sale, and forward-looking guidance were not provided in the available materials.
Summary takeaway
An executive-level sale totaling $534,075 occurred as Snap-on stock traded close to its 52-week high. The officer remains a holder of both shares and a range of equity incentives, while the company posted a slight EPS beat alongside a revenue miss in its latest quarter. Third-party analysis referenced indicates potential overvaluation at current market levels.