SWK Director Shows Confidence Through Stock Purchase and Deferred Compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stanley Black & Decker director John L. Garrison Jr. reported multiple transactions on June 17, 2025:
- Acquired 40.943 shares of Common Stock at $64.85 per share, bringing total direct ownership to 3,278.943 shares
- Received 481.8812 Deferred Shares under the 2020 RSU Deferral Plan for Non-Employee Directors, resulting from deferred quarterly director fees
- Acquired 8.4948 additional Deferred Shares through dividend reinvestment in the Deferred Compensation Plan
The deferred shares will be settled in common stock after Garrison ceases board membership. These transactions reflect standard director compensation and dividend reinvestment activity, with settlement terms aligned with the company's director compensation plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
GARRISON JOHN L JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 481.881 | $64.85 | $31K |
| Grant/Award | Deferred Shares | 8.495 | $64.85 | $550.89 |
| Grant/Award | Common Stock | 40.943 | $64.85 | $3K |
Holdings After Transaction:
Deferred Shares — 1,153.693 shares (Direct);
Common Stock — 3,278.943 shares (Direct)
Footnotes (1)
- Under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors (the "RSU Deferral Plan"), each director's account is credited with dividend equivalents on the deferred restricted stock units when the Company pays cash dividends on its common stock (including special dividends, if any), and such dividend equivalents are denominated in additional restricted stock units based on the average of the high and low price per share on the New York Stock Exchange on the payment date applicable to such dividend. The number of shares reflects the credit of such dividend equivalents to the reporting person's account under the RSU Deferral Plan, which will be settled in accordance with the deferral election made by the reporting person applicable to the underlying deferred restricted stock units. Represents deferred shares acquired pursuant to the Stanley Black & Decker Deferred Compensation Plan for Non-Employee Directors (the "Deferred Compensation Plan") as a result of the deferral of quarterly director fees paid in cash to the reporting person. Each deferred share entitles the holder thereof to receive one share of common stock upon settlement. The deferred shares credited to the reporting person's account under the Deferred Compensation Plan, including any additional deferred shares acquired through dividend reinvestment, will be settled in one lump sum payment of common stock on the first business day of the calendar year immediately following the date on which the reporting person ceases to be a member of the Board of Directors. Represents additional deferred shares acquired through the reinvestment of dividends paid on deferred shares credited to the reporting person's account under the Deferred Compensation Plan. Each deferred share entitles the holder thereof to receive one share of common stock upon settlement. Such deferred shares will be settled in accordance with the deferral election made by the reporting person applicable to the underlying deferred shares.
FAQ
What insider trading activity occurred at Stanley Black & Decker (SWK) on June 17, 2025?
Director John L. Garrison Jr. acquired 40.943 shares of common stock at $64.85 per share. Additionally, he received 481.8812 and 8.4948 deferred shares through the company's director compensation and dividend reinvestment plans.
What is SWK's dividend reinvestment program for directors?
Under SWK's 2020 RSU Deferral Plan, directors receive dividend equivalents on deferred restricted stock units when cash dividends are paid. These equivalents are converted to additional restricted stock units based on the average high/low share price on the NYSE dividend payment date.
What type of insider is John Garrison at Stanley Black & Decker (SWK)?
John L. Garrison Jr. serves as a Director of Stanley Black & Decker (SWK), as indicated by the Form 4 filing which shows him checking the 'Director' box under relationship to issuer.