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[8-K] STANLEY BLACK & DECKER, INC. Reports Material Event

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Stanley Black & Decker (SWK) expanded Executive Vice President and CFO Patrick D. Hallinan’s role to include Chief Administrative Officer, effective January 1, 2026. To reflect the added responsibilities, his compensation will change on the same date: base salary will rise by $160,000 to $1,000,000, his target short‑term incentive will increase to 110% of base salary (from 100%), and his anticipated total target long‑term incentive award for 2026 will increase by $1,100,000 to $4,750,000.

The Board also elected Mary A. Laschinger as a director effective November 1, 2025. She will join the Compensation and Talent Development Committee and the Finance and Pension Committee and will participate in the non‑employee director compensation program described in the company’s March 7, 2025 proxy. The company issued a press release (Exhibit 99.1) announcing her election.

Stanley Black & Decker (SWK) ha ampliato il ruolo del vice presidente esecutivo e CFO Patrick D. Hallinan includendo anche Chief Administrative Officer, con effetto dal 1 gennaio 2026. Per riflettere le responsabilità aggiuntive, la sua retribuzione cambierà nello stesso giorno: lo stipendio base aumenterà di 160.000 dollari portandolo a 1.000.000, il suo incentivo a breve termine target aumenterà al 110% dello stipendio base (dal 100%), e il previsto premio totale target di lungo termine per il 2026 aumenterà di 1.100.000 dollari a 4.750.000.

Il Consiglio ha anche eletto Mary A. Laschinger come direttrice, con effetto dal 1 novembre 2025. Si unirà al Comitato di Compensazione e Sviluppo dei Talenti e al Comitato Finanze e Pensioni e parteciperà al programma di compensazione per direttori non dipendenti descritto nel proxy dell’azienda del 7 marzo 2025. L’azienda ha emesso un comunicato stampa (Exhibit 99.1) annunciando la sua elezione.

Stanley Black & Decker (SWK) amplió el papel del vicepresidente ejecutivo y CFO Patrick D. Hallinan para incluir Chief Administrative Officer, con efecto a partir del 1 de enero de 2026. Para reflejar las responsabilidades añadidas, su compensación cambiará en la misma fecha: el salario base aumentará en 160.000 dólares a 1.000.000; su incentivo a corto plazo objetivo aumentará al 110% del salario base (desde el 100%); y su premio total objetivo de incentivo a largo plazo anticipado para 2026 aumentará en 1.100.000 dólares a 4.750.000.

La Junta también eligió a Mary A. Laschinger como directora, con efecto a partir del 1 de noviembre de 2025. Se unirá al Comité de Compensación y Desarrollo de Talento y al Comité de Finanzas y Pensiones y participará en el programa de compensación para directores no empleados descrito en el proxy de la empresa del 7 de marzo de 2025. La empresa emitió un comunicado de prensa (Exhibit 99.1) anunciando su elección.

Stanley Black & Decker (SWK)는 Patrick D. Hallinan 부회장 겸 최고재무책임자(CFO)의 역할을 Chief Administrative Officer로 확장했고, 이는 2026년 1월 1일부터 적용됩니다. 추가 책임을 반영하기 위해 보수도 같은 날짜에 변경되며: 기본급은 160,000달러 인상되어 1,000,000달러가 되며, 단기 성과 인센티브 목표가 기본급의 110%로 증가하고(기존 100%에서), 2026년의 장기 인센티브 총액 목표도 1,100,000달러 증가하여 4,750,000달러가 됩니다.

또한 이사회는 2025년 11월 1일부로 Mary A. Laschinger를 이사로 선출했습니다. 그녀는 보상 및 인재 개발 위원회와 재무 및 연금 위원회에 합류하고, 회사의 2025년 3월 7일 의안에서 설명된 비피고용 이사 보상 프로그램에 참여할 예정입니다. 회사는 그녀의 선출을 발표하는 보도자료(Exhibit 99.1)를 발표했습니다.

Stanley Black & Decker (SWK) a élargi le rôle du vice-président exécutif et directeur financier Patrick D. Hallinan pour inclure Chief Administrative Officer, à compter du 1er janvier 2026. Pour refléter les responsabilités supplémentaires, sa rémunération sera modifiée à la même date : le salaire de base augmentera de 160 000 dollars pour atteindre 1 000 000 $, son incitation à court terme cible passera à 110 % du salaire de base (au lieu de 100 %) et le montant cible total des incitations à long terme prévu pour 2026 augmentera de 1 100 000 dollars pour atteindre 4 750 000 dollars.

Le conseil d’administration a également élu Mary A. Laschinger administratrice à partir du 1er novembre 2025. Elle rejoindra le Comité de rémunération et de développement des talents et le Comité des finances et des pensions et participera au programme de rémunération des administrateurs non salariés décrit dans le proxy de l’entreprise du 7 mars 2025. L’entreprise a publié un communiqué de presse (Exhibit 99.1) annonçant son élection.

Stanley Black & Decker (SWK) hat die Rolle von Patrick D. Hallinan, Executive Vice President und CFO, erweitert, um auch Chief Administrative Officer zu umfassen, mit Wirkung zum 1. Januar 2026. Um die zusätzlichen Verantwortlichkeiten widerzuspiegeln, wird sich seine Vergütung am gleichen Datum ändern: Das Grundgehalt wird um 160.000 USD auf 1.000.000 USD erhöht, sein Ziel-Bonus für kurzfristige Anreize wird auf 110 % des Grundgehalts steigen (von 100 %), und der erwartete Gesamtwert des langfristigen Incentive-Ansatzes für 2026 wird um 1.100.000 USD auf 4.750.000 USD erhöht.

Der Vorstand hat außerdem Mary A. Laschinger mit Wirkung vom 1. November 2025 zur Direktorin gewählt. Sie wird dem Compensation and Talent Development Committee und dem Finance and Pension Committee beitreten und am im Unternehmensproxy vom 7. März 2025 beschriebenen Programm für die Vergütung unabhängiger Direktoren teilnehmen.

ستانلي بلاك آند ديكر (SWK) وسّع دور نائب الرئيس التنفيذي والمدير المالي باتريك د. هالينان ليشمل مدير الإدارة العامة، اعتباراً من 1 يناير 2026. ولعكس المسؤوليات الإضافية، ستتغير مكافآتها في التاريخ نفسه: سيزيد الراتب الأساسي بمقدار 160,000 دولار ليصل إلى 1,000,000 دولار، وسيزداد هدف الحافز قصير الأجل إلى 110% من الراتب الأساسي (من 100%)، كما سيزيد إجمالي هدف الحافز الطويل الأجل المتوقع لعام 2026 بمقدار 1,100,000 دولار ليصل إلى 4,750,000 دولار.

كما اختار المجلس ماري أ. لاسشينجر كمدير/ة اعتباراً من 1 نوفمبر 2025. ستنضم إلى لجنة التعويض وتطوير المواهب ولجنة المالية والمعاشات وستشارك في برنامج تعويض المدراء غير التنفيذيين كما هو موضح في طلب الشركة بتاريخ 7 مارس 2025. أصدرت الشركة بياناً صحفياً (Exhibit 99.1) يعلن عن انتخابها.

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Insights

Routine leadership expansion and director addition; neutral impact.

SWK consolidated administrative oversight by adding Chief Administrative Officer duties to the existing CFO role effective January 1, 2026. Compensation adjustments align with the expanded scope: base salary to $1,000,000, short‑term incentive target to 110% of base, and 2026 long‑term incentive target to $4,750,000.

The Board elected Mary A. Laschinger effective November 1, 2025, assigning her to Compensation and Talent Development and Finance and Pension committees. These are standard governance actions and do not alter capital structure or guidance.

Stanley Black & Decker (SWK) ha ampliato il ruolo del vice presidente esecutivo e CFO Patrick D. Hallinan includendo anche Chief Administrative Officer, con effetto dal 1 gennaio 2026. Per riflettere le responsabilità aggiuntive, la sua retribuzione cambierà nello stesso giorno: lo stipendio base aumenterà di 160.000 dollari portandolo a 1.000.000, il suo incentivo a breve termine target aumenterà al 110% dello stipendio base (dal 100%), e il previsto premio totale target di lungo termine per il 2026 aumenterà di 1.100.000 dollari a 4.750.000.

Il Consiglio ha anche eletto Mary A. Laschinger come direttrice, con effetto dal 1 novembre 2025. Si unirà al Comitato di Compensazione e Sviluppo dei Talenti e al Comitato Finanze e Pensioni e parteciperà al programma di compensazione per direttori non dipendenti descritto nel proxy dell’azienda del 7 marzo 2025. L’azienda ha emesso un comunicato stampa (Exhibit 99.1) annunciando la sua elezione.

Stanley Black & Decker (SWK) amplió el papel del vicepresidente ejecutivo y CFO Patrick D. Hallinan para incluir Chief Administrative Officer, con efecto a partir del 1 de enero de 2026. Para reflejar las responsabilidades añadidas, su compensación cambiará en la misma fecha: el salario base aumentará en 160.000 dólares a 1.000.000; su incentivo a corto plazo objetivo aumentará al 110% del salario base (desde el 100%); y su premio total objetivo de incentivo a largo plazo anticipado para 2026 aumentará en 1.100.000 dólares a 4.750.000.

La Junta también eligió a Mary A. Laschinger como directora, con efecto a partir del 1 de noviembre de 2025. Se unirá al Comité de Compensación y Desarrollo de Talento y al Comité de Finanzas y Pensiones y participará en el programa de compensación para directores no empleados descrito en el proxy de la empresa del 7 de marzo de 2025. La empresa emitió un comunicado de prensa (Exhibit 99.1) anunciando su elección.

Stanley Black & Decker (SWK)는 Patrick D. Hallinan 부회장 겸 최고재무책임자(CFO)의 역할을 Chief Administrative Officer로 확장했고, 이는 2026년 1월 1일부터 적용됩니다. 추가 책임을 반영하기 위해 보수도 같은 날짜에 변경되며: 기본급은 160,000달러 인상되어 1,000,000달러가 되며, 단기 성과 인센티브 목표가 기본급의 110%로 증가하고(기존 100%에서), 2026년의 장기 인센티브 총액 목표도 1,100,000달러 증가하여 4,750,000달러가 됩니다.

또한 이사회는 2025년 11월 1일부로 Mary A. Laschinger를 이사로 선출했습니다. 그녀는 보상 및 인재 개발 위원회와 재무 및 연금 위원회에 합류하고, 회사의 2025년 3월 7일 의안에서 설명된 비피고용 이사 보상 프로그램에 참여할 예정입니다. 회사는 그녀의 선출을 발표하는 보도자료(Exhibit 99.1)를 발표했습니다.

Stanley Black & Decker (SWK) a élargi le rôle du vice-président exécutif et directeur financier Patrick D. Hallinan pour inclure Chief Administrative Officer, à compter du 1er janvier 2026. Pour refléter les responsabilités supplémentaires, sa rémunération sera modifiée à la même date : le salaire de base augmentera de 160 000 dollars pour atteindre 1 000 000 $, son incitation à court terme cible passera à 110 % du salaire de base (au lieu de 100 %) et le montant cible total des incitations à long terme prévu pour 2026 augmentera de 1 100 000 dollars pour atteindre 4 750 000 dollars.

Le conseil d’administration a également élu Mary A. Laschinger administratrice à partir du 1er novembre 2025. Elle rejoindra le Comité de rémunération et de développement des talents et le Comité des finances et des pensions et participera au programme de rémunération des administrateurs non salariés décrit dans le proxy de l’entreprise du 7 mars 2025. L’entreprise a publié un communiqué de presse (Exhibit 99.1) annonçant son élection.

Stanley Black & Decker (SWK) hat die Rolle von Patrick D. Hallinan, Executive Vice President und CFO, erweitert, um auch Chief Administrative Officer zu umfassen, mit Wirkung zum 1. Januar 2026. Um die zusätzlichen Verantwortlichkeiten widerzuspiegeln, wird sich seine Vergütung am gleichen Datum ändern: Das Grundgehalt wird um 160.000 USD auf 1.000.000 USD erhöht, sein Ziel-Bonus für kurzfristige Anreize wird auf 110 % des Grundgehalts steigen (von 100 %), und der erwartete Gesamtwert des langfristigen Incentive-Ansatzes für 2026 wird um 1.100.000 USD auf 4.750.000 USD erhöht.

Der Vorstand hat außerdem Mary A. Laschinger mit Wirkung vom 1. November 2025 zur Direktorin gewählt. Sie wird dem Compensation and Talent Development Committee und dem Finance and Pension Committee beitreten und am im Unternehmensproxy vom 7. März 2025 beschriebenen Programm für die Vergütung unabhängiger Direktoren teilnehmen.

ستانلي بلاك آند ديكر (SWK) وسّع دور نائب الرئيس التنفيذي والمدير المالي باتريك د. هالينان ليشمل مدير الإدارة العامة، اعتباراً من 1 يناير 2026. ولعكس المسؤوليات الإضافية، ستتغير مكافآتها في التاريخ نفسه: سيزيد الراتب الأساسي بمقدار 160,000 دولار ليصل إلى 1,000,000 دولار، وسيزداد هدف الحافز قصير الأجل إلى 110% من الراتب الأساسي (من 100%)، كما سيزيد إجمالي هدف الحافز الطويل الأجل المتوقع لعام 2026 بمقدار 1,100,000 دولار ليصل إلى 4,750,000 دولار.

كما اختار المجلس ماري أ. لاسشينجر كمدير/ة اعتباراً من 1 نوفمبر 2025. ستنضم إلى لجنة التعويض وتطوير المواهب ولجنة المالية والمعاشات وستشارك في برنامج تعويض المدراء غير التنفيذيين كما هو موضح في طلب الشركة بتاريخ 7 مارس 2025. أصدرت الشركة بياناً صحفياً (Exhibit 99.1) يعلن عن انتخابها.

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LOGO

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): October 29, 2025

 

 

Stanley Black & Decker, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Connecticut   001-05224   06-0548860

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

1000 Stanley Drive, New Britain,

Connecticut

  06053
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (860) 225-5111

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange

on which registered

Common Stock - $2.50 Par Value per Share   SWK   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 29, 2025, Patrick D. Hallinan, the Executive Vice President, Chief Financial Officer of Stanley Black & Decker, Inc. (the “Company”) was appointed as the Company’s Chief Administrative Officer, effective January 1, 2026 (the “Effective Date”). As of the Effective Date, Mr. Hallinan will serve as the Company’s Executive Vice President, Chief Financial Officer & Chief Administrative Officer.

In connection with Mr. Hallinan’s assumption of increased responsibilities, on October 29, 2025, the Compensation and Talent Development Committee of the Company’s Board of Directors (the “Board”) approved the following compensation changes, effective as of the Effective Date, for Mr. Hallinan: (i) a base salary increase of $160,000 to $1,000,000, (ii) a target short-term incentive award opportunity of 110% of base salary (increased from 100% of base salary), and (iii) a $1,100,000 increase in the anticipated value of his total target long-term incentive award for 2026 to $4,750,000.

Additionally, on October 30, 2025, the Board elected Mary A. Laschinger as a director of the Company effective November 1, 2025. Ms. Laschinger will serve as a member of the Board’s Compensation and Talent Development Committee and Finance and Pension Committee. Ms. Laschinger will participate in the compensation program for non-employee directors as described under the heading “Director Compensation” in the Company’s definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission on March 7, 2025.

There was no arrangement or understanding between Ms. Laschinger and any other person pursuant to which Ms. Laschinger was elected as a director of the Company, and she has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

A copy of the Company’s press release announcing the election of Ms. Laschinger to the Board is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits:

 

Exhibit

No.

   Description
99.1    Press Release dated October 31, 2025.
104    Cover Page Interactive Data File (embedded within the Inline XBRL document).

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    STANLEY BLACK & DECKER, INC.
Date: October 31, 2025  
    By:  

/s/ Janet M. Link

    Name:   Janet M. Link
    Title:   Senior Vice President, General Counsel and Secretary

FAQ

What leadership change did SWK announce?

Patrick D. Hallinan, EVP and CFO, was appointed Chief Administrative Officer effective January 1, 2026, adding to his current role.

How is SWK adjusting the CFO’s compensation?

Effective January 1, 2026, base salary increases to $1,000,000, the target short‑term incentive rises to 110% of base salary, and the 2026 target long‑term incentive to $4,750,000.

Who joined SWK’s Board and when?

Mary A. Laschinger was elected as a director effective November 1, 2025.

Which committees will Mary A. Laschinger serve on at SWK?

She will serve on the Compensation and Talent Development Committee and the Finance and Pension Committee.

How will the new director be compensated?

She will participate in the non‑employee director compensation program described in SWK’s March 7, 2025 proxy statement.

Did SWK issue a press release about the director election?

Yes. A press release dated October 31, 2025 was filed as Exhibit 99.1.
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