Snap-On Incorporated director just sold 1,990 shares

Edward H Rensi, a director of Snap-On Incorporated, recently sold 1,990 shares of the company. The sales took place at $96.07 per share, on July 22, 2013. Rensi still owns 7,432 shares of the company. Rensi operates out of Kenosha, WI.

The above information was disclosed in a filing to the SEC. Some additional info was provided as follows:

This transaction was executed in multiple trades at prices ranging from $96.03 to $96.11. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated. Includes 87.11 shares acquired under a divid end reinvestment and direct stock purchase plan. 1 for 1. All restrictions lapse upon the earliest of retirement from the Board, death or a change in control; the reporting person will receive the underlying shares upon the earliest of the reporting person's 70th birthday (in which case he will receive them in two or five equal annual installments depending on the applicable deferral election), death or a change in control.

To see this filing in its entirety, click here.

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