Director at Stanley Black & Decker (NYSE: SWK) defers 2,603 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Laschinger Mary A reported acquisition or exercise transactions in this Form 4 filing.
STANLEY BLACK & DECKER, INC. director Mary A. Laschinger received a grant of 2,603 shares of Common Stock, delivered as restricted stock units that are 100% vested upon grant. She has elected to defer settlement, with the 2,603 units to be paid starting 90 days after she leaves the Board, either in a lump sum or over three, five or ten annual installments. Following this award, her reported direct holding from this grant is 2,603 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Laschinger Mary A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,603 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,603 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 2,603 units
Grant price per share: $0.0000/share
Shares after transaction: 2,603 shares
+3 more
6 metrics
RSUs granted
2,603 units
Restricted stock units representing Common Stock granted to director
Grant price per share
$0.0000/share
Reported transaction price for the RSU award
Shares after transaction
2,603 shares
Total shares reported as directly held following the award
Vesting status
100% vested
RSUs are fully vested upon grant
Settlement timing
90th day post-Board service
RSUs settled after director ceases to be on the Board
Installment options
3, 5 or 10 years
Annual installment choices for RSU settlement
Key Terms
restricted stock units, 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors, settled on the 90th day, lump sum, +1 more
5 terms
restricted stock units financial
"Represents number of shares to be delivered upon settlement of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors financial
"under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors."
settled on the 90th day financial
"Such restricted stock units will be settled on the 90th day following the date the director ceases"
lump sum financial
"settled on the 90th day ... either in one lump sum or in three, five or ten annual installments."
A lump sum is a single, one-time payment of the full amount owed instead of spreading the same money over multiple smaller payments. For investors, receiving or paying a lump sum affects cash flow, reinvestment opportunities and tax timing—like getting a full paycheck at once rather than regular paychecks—so it changes liquidity, risk exposure and the timing of returns.
annual installments financial
"either in one lump sum or in three, five or ten annual installments."
FAQ
What insider transaction did SWK director Mary A. Laschinger report?
Mary A. Laschinger reported acquiring 2,603 shares of Stanley Black & Decker Common Stock on Form 4. The award was granted as restricted stock units that are fully vested upon grant and will be settled in shares at a later date after she leaves the Board.
How many restricted stock units did SWK grant to director Mary A. Laschinger?
Stanley Black & Decker granted Mary A. Laschinger 2,603 restricted stock units. These units are 100% vested immediately and represent 2,603 shares of Common Stock to be delivered upon settlement, giving her a reported direct holding of 2,603 shares from this grant.
At what price were Mary A. Laschinger’s SWK restricted stock units granted?
Mary A. Laschinger’s 2,603 restricted stock units were granted at a reported price of $0.0000 per share. This indicates the award is compensation-based, not an open-market purchase, and reflects a non-cash equity grant rather than a cash investment transaction.
When will Mary A. Laschinger’s SWK restricted stock units be settled?
Her restricted stock units will be settled on the 90th day after she ceases to be a member of the Stanley Black & Decker Board. At that time, the 2,603 units will be delivered either in a single lump-sum share payment or in multiple annual installments.
What deferral election did Mary A. Laschinger make for her SWK equity award?
She elected to defer settlement of the 2,603 restricted stock units under the Stanley Black & Decker 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors. This means she delays receiving the underlying shares until after Board service ends, potentially spreading payments over several years.
What payout options exist for Mary A. Laschinger’s deferred SWK restricted stock units?
Upon the payout trigger, her 2,603 restricted stock units may be settled in one lump sum or in three, five, or ten annual installments. These choices are described in the deferral plan and affect how quickly she receives the underlying Common Stock after leaving the Board.