STOCK TITAN

SWK Director Mitchell Boosts Stake: Deferred Compensation Plan Reveals Confidence

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Stanley Black & Decker director Adrian V. Mitchell reported multiple transactions on June 17, 2025, involving both direct stock acquisitions and deferred share arrangements:

  • Acquired 116.3977 shares of common stock at $64.85 per share, bringing direct ownership to 9,321.7513 shares
  • Received 481.8812 deferred shares through the Director Deferred Compensation Plan from quarterly director fees
  • Acquired 57.9942 additional deferred shares through dividend reinvestment

The deferred shares will be settled in common stock upon Mitchell's departure from the Board. These transactions were made under the company's 2020 RSU Deferral Plan and Deferred Compensation Plan for Non-Employee Directors, which include provisions for dividend equivalents and reinvestment. The filing indicates standard director compensation arrangements rather than open market transactions.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mitchell Adrian V

(Last) (First) (Middle)
1000 STANLEY DRIVE

(Street)
NEW BRITAIN CT 06053

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
STANLEY BLACK & DECKER, INC. [ SWK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/17/2025 A 116.3977(1) A $64.85 9,321.7513 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Shares (2) 06/17/2025 A 481.8812 (2) (2) Common Stock 481.8812 $64.85 5,068.3705 D
Deferred Shares (3) 06/17/2025 A 57.9942 (3) (3) Common Stock 57.9942 $64.85 5,126.3647 D
Explanation of Responses:
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.
2. 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.
3. 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.
Remarks:
/s/ Janet M. Link, Attorney-in-Fact 06/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider trading activity occurred at SWK on June 17, 2025?

Director Adrian V Mitchell acquired 116.3977 shares of SWK common stock at $64.85 per share. Additionally, he acquired 481.8812 and 57.9942 deferred shares through the company's director compensation and dividend reinvestment plans.

How many SWK shares does Director Adrian Mitchell own after the June 2025 transactions?

Following the reported transactions, Director Mitchell owns 9,321.7513 shares of common stock directly, plus 5,126.3647 deferred shares through the company's director compensation plans.

What is SWK's director compensation structure for non-employee directors?

SWK offers two compensation plans for non-employee directors: the 2020 Restricted Stock Unit Deferral Plan and the Deferred Compensation Plan. Directors can defer quarterly cash fees into deferred shares and receive dividend equivalents that convert to additional restricted stock units based on NYSE trading prices. Settlement occurs after leaving the Board.

When will Director Mitchell's SWK deferred shares be settled?

According to the filing, Mitchell's deferred shares will be settled in one lump sum payment of common stock on the first business day of the calendar year immediately following the date when he ceases to be a member of the Board of Directors.
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Cutlery, Handtools & General Hardware
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