Stanley Black & Decker (SWK) CFO gains shares as RSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STANLEY BLACK & DECKER, INC. executive Patrick D. Hallinan, EVP, CFO & Chief Administrative Officer, exercised previously granted restricted stock units that vested into common shares. On April 12, 2026, 3,852 RSUs and 11,186 RSUs converted into an equal number of common shares.
These RSUs came from grants of 11,556 and 33,559 units awarded on April 12, 2023, scheduled to vest in three approximately equal annual installments. To cover tax obligations upon vesting, 6,663 common shares were withheld at a price of $73.205 per share. After these compensation-related transactions, Hallinan directly owned 35,433 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,038 shares exercised/converted
Mixed
5 txns
Insider
Hallinan Patrick D
Role
EVP, CFO & Chief Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,852 | $0.00 | -- |
| Exercise | Restricted Stock Units | 11,186 | $0.00 | -- |
| Exercise | Common Stock | 3,852 | $0.00 | -- |
| Exercise | Common Stock | 11,186 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,663 | $73.205 | $488K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 30,910 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. Shares withheld to satisfy the reporting person's tax withholding obligation upon vesting of RSUs. As previously reported, on April 12, 2023, the reporting person was granted 11,556 RSUs, vesting in three approximately equal annual installments beginning on the first anniversary of the grant date. As previously reported, on April 12, 2023, the reporting person was granted 33,559 RSUs, vesting in three approximately equal annual installments beginning on the first anniversary of the grant date.
Key Figures
RSUs converted (first tranche): 3,852 units
RSUs converted (second tranche): 11,186 units
Total RSUs exercised: 15,038 units
+5 more
8 metrics
RSUs converted (first tranche)
3,852 units
Restricted stock units converting to common stock on April 12, 2026
RSUs converted (second tranche)
11,186 units
Restricted stock units converting to common stock on April 12, 2026
Total RSUs exercised
15,038 units
Exercise or conversion of derivative securities (RSUs) into common stock
Shares withheld for taxes
6,663 shares
Common shares withheld to satisfy tax obligations upon RSU vesting
Tax withholding price
$73.205 per share
Value applied to shares withheld to cover tax liabilities
Shares held after transactions
35,433 shares
Direct common stock ownership by Patrick Hallinan following vesting and tax withholding
Prior RSU grant size 1
11,556 RSUs
Grant made on April 12, 2023, vesting in three annual installments
Prior RSU grant size 2
33,559 RSUs
Grant made on April 12, 2023, vesting in three annual installments
Key Terms
Restricted Stock Units, tax withholding obligation, derivative security, vest in three approximately equal annual installments
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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.
tax withholding obligation financial
"Shares withheld to satisfy the reporting person's tax withholding obligation upon vesting of RSUs"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest in three approximately equal annual installments financial
"vesting in three approximately equal annual installments beginning on the first anniversary"
FAQ
What insider transaction did SWK executive Patrick Hallinan report?
Patrick D. Hallinan reported RSU vesting that converted into common shares. On April 12, 2026, 3,852 and 11,186 restricted stock units became the same number of STANLEY BLACK & DECKER common shares as part of his equity compensation program.
How many RSUs vested for SWK CFO Patrick Hallinan on April 12, 2026?
A total of 15,038 restricted stock units vested for Patrick Hallinan. They consisted of 3,852 RSUs and 11,186 RSUs, each converting one-for-one into STANLEY BLACK & DECKER common stock according to the company’s equity award terms and prior grant agreements.
What were the original SWK RSU grants referenced in Hallinan’s Form 4?
The filing references two prior RSU grants made on April 12, 2023. One grant consisted of 11,556 RSUs and the other of 33,559 RSUs, each scheduled to vest in three approximately equal annual installments beginning on the first anniversary of the grant date.