Snap-on Inc. Reports on Shareholder Votes

TL;DR

Snap-on shareholders voted on key company matters as of April 25th.

AI Summary

Snap-on Inc. filed an 8-K on April 26, 2024, reporting on matters submitted to a vote of its security holders as of April 25, 2024. The filing details the outcomes of shareholder votes, which is a standard procedural update for the company.

Why It Matters

This filing provides transparency on how shareholders are voting on corporate matters, which can indicate management-shareholder alignment or potential areas of concern.

Risk Assessment

Risk Level: low — This is a routine filing reporting on shareholder votes, with no immediate financial or operational risks indicated.

Key Players & Entities

• Snap-on Inc. (company) — Registrant
• 2801 80th Street, Kenosha, Wisconsin 53143-5656 (location) — Principal Executive Offices
• April 25, 2024 (date) — Date of earliest event reported
• April 26, 2024 (date) — Date of Report

FAQ

Key Financial Figures

• $1.00 — ange on which registered Common Stock, $1.00 par value SNA New York Stock Exchange

Filing Documents

• sna-20240425.htm (8-K) — 52KB
• 0000091440-24-000033.txt ( ) — 184KB
• sna-20240425.xsd (EX-101.SCH) — 2KB
• sna-20240425_def.xml (EX-101.DEF) — 2KB
• sna-20240425_lab.xml (EX-101.LAB) — 24KB
• sna-20240425_pre.xml (EX-101.PRE) — 14KB
• sna-20240425_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. Snap-on Incorporated (the "Company") held its 2024 Annual Meeting of Shareholders on April 25, 2024 (the "2024 Annual Meeting"). At the 2024 Annual Meeting, the Company's shareholders: (i) elected 10 members of the Company's Board of Directors to each serve a one-year term ending at the Annual Meeting of Shareholders to be held in 2025 (the "2025 Annual Meeting"); (ii) ratified the Audit Committee's selection of Deloitte & Touche LLP ("Deloitte") as the Company's independent registered public accounting firm for fiscal 2024; and (iii) approved, on an advisory basis, the compensation of the Company's named executive officers, as disclosed in the proxy statement for the 2024 Annual Meeting (the "2024 Proxy Statement"). There were 52,838,375 shares of the Company's common stock outstanding and eligible to vote as of the close of business on February 26, 2024, the record date for the 2024 Annual Meeting. The directors elected to the Company's Board of Directors for terms expiring at the 2025 Annual Meeting, and the number of votes cast for and against, as well as abstentions and broker non-votes with respect to, each individual, are set forth below: Director For Against Abstentions Broker Non-Votes David C. Adams 33,352,833 9,271,919 193,256 4,476,056 Karen L. Daniel 38,621,065 4,070,004 126,938 4,476,056 Ruth Ann M. Gillis 42,517,099 202,542 98,367 4,476,056 James P. Holden 36,973,647 5,741,533 102,828 4,476,056 Nathan J. Jones 40,025,646 2,679,272 113,089 4,476,056 Henry W. Knueppel 39,151,722 3,558,087 108,199 4,476,056 W. Dudley Lehman 38,836,787 3,877,290 103,931 4,476,056 Nicholas T. Pinchuk 38,443,165 4,262,579 112,264 4,476,056 Gregg M. Sherrill 40,734,423 1,971,738 111,847 4,476,056 Donald J. Stebbins 42,491,497 222,394 104,117 4,476,056 The proposal to ratify the Audit Committee's selection of Deloitte as the Company's independent registered public accounting firm for fiscal 2024 r

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, Snap-on Incorporated has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SNAP-ON INCORPORATED Date: April 26, 2024 By: /s/ Richard T. Miller Richard T. Miller Vice President, General Counsel and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR