Stanley Black & Decker (SWK) Director Reports RSU Deferral and Dividend Reinvestment
Rhea-AI Filing Summary
Andrea J. Ayers, a director of Stanley Black & Decker (SWK), reported transactions on 09/16/2025. She had 638 restricted stock units that were 100% vested upon grant and elected to defer settlement under the company’s RSU Deferral Plan, leaving her with 36,017.1791 shares beneficially owned after that entry. She also received 210.4958 additional RSU-equivalent shares credited as dividend equivalents at an average price of $78.39, increasing beneficial ownership to 36,227.6749. Separately, she acquired 398.6732 and 145.4558 deferred shares under the Deferred Compensation Plan and dividend reinvestment, which convert to common stock upon settlement. Settlement and payout timing follow the applicable deferral plan elections.
Positive
- Director participation in compensation plans through deferral shows alignment with long-term share-based compensation structures
- Dividend equivalents were reinvested, increasing deferred holdings without open-market purchases
Negative
- None.
Insights
TL;DR: Director deferred vested RSUs and credited dividend-equivalent units; this is a routine compensation deferral with limited immediate market impact.
The filing documents normal director compensation mechanics: 100% vesting of RSUs, an election to defer settlement under the RSU Deferral Plan, and crediting of dividend equivalents and deferred shares under the Deferred Compensation Plan. These actions increase the director's reported beneficial ownership by a few hundred shares and reflect tax/compensation timing choices rather than open-market purchases or sales. There is no indication of exercised options or cash sales, and all shares are subject to settlement schedules dictated by the plans.
TL;DR: Transactions are plan-driven acquisitions and reinvestments, not market trades; impact on float and liquidity is negligible.
The Form 4 logs acquisitions through plan settlement and dividend reinvestment: 638 RSUs deferred, ~210 dividend-equivalent RSUs credited at $78.39, and ~544.1289 deferred shares from fee deferrals and dividend reinvestment. Beneficial ownership totals provided after the transactions allow reconciliation versus prior holdings. From an investor perspective, these entries do not represent intent to buy or sell in the open market and are unlikely to affect short-term share supply materially.