Jane Palmieri credited with 129.8173 SWK shares via director deferral plans
Rhea-AI Filing Summary
Jane Palmieri, a director of Stanley Black & Decker (SWK), received additional company shares on 09/16/2025 through dividend-equivalent credits and dividend reinvestment tied to director deferral plans. The filing reports the acquisition of 108.0405 shares of common stock at an effective price of $78.39, bringing her directly held common stock to 10,311.3653 shares. Separately, 21.7768 deferred shares were credited under the Deferred Compensation Plan, increasing deferred holdings to 2,078.3768 shares; those deferred shares convert one-for-one into common stock and are payable as a lump-sum after she leaves the board. The transactions reflect routine plan credits tied to cash dividends and the companys director compensation deferral arrangements.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine dividend-equivalent credits and reinvestment for a non-employee director; no material governance red flags.
The Form 4 discloses standard activity under the company's RSU Deferral Plan and Deferred Compensation Plan for non-employee directors. The reported entries reflect dividend-equivalent reinvestment and the crediting of deferred shares rather than open-market purchases or option exercises. Such filings document alignment of a directors compensation with long-term equity holdings but do not indicate a change in board composition, executive pay policy, or control. Impact on shareholders is nominal and administrative in nature.
TL;DR: Transaction is a clerical reporting of dividend-related share credits; quantitatively immaterial to company valuation.
The report shows 108.0405 common shares acquired and 21.7768 deferred shares credited at an implied price of $78.39 on 09/16/2025, reflecting dividend reinvestment mechanisms in director plans. Post-transaction holdings are 10,311.3653 direct shares and 2,078.3768 deferred shares. These are compensatory and administrative transactions that do not alter outstanding share counts or indicate new capital flows affecting SWKs financial position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 21.777 | $78.39 | $2K |
| Grant/Award | Common Stock | 108.041 | $78.39 | $8K |
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 additional deferred shares acquired through the reinvestment of dividends paid on deferred shares credited to the reporting person's account under the Stanley Black & Decker, Inc. Deferred Compensation Plan for Non-Employee Directors (the "Deferred Compensation Plan"). 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 March 1 immediately following the date on which the reporting person ceases to be a member of the Board of Directors.
