Stanley Black & Decker (NYSE: SWK) SVP gets RSU shares, some withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STANLEY BLACK & DECKER senior vice president William Dudley Beck acquired 1,498 common shares on conversion of an equal number of restricted stock units, with no cash paid. These RSUs were part of a 4,494-unit grant vesting in three annual installments.
To cover tax withholding at vesting, 532 common shares were withheld at $90.545 per share. After these transactions, Beck directly holds 13,281 shares of common stock and 2,996 RSUs, each RSU representing one future share.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,498 shares exercised/converted
Mixed
3 txns
Insider
Beck William Dudley
Role
SVP, Pres., Tools & Outdoors
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,498 | $0.00 | -- |
| Exercise | Common Stock | 1,498 | $0.00 | -- |
| Tax Withholding | Common Stock | 532 | $90.545 | $48K |
Holdings After Transaction:
Restricted Stock Units — 2,996 shares (Direct);
Common Stock — 13,813 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 February 21, 2025, the reporting person was granted 4,494 RSUs vesting in three approximately equal annual installments beginning on the first anniversary of the grant date.
FAQ
What insider transactions did SWK executive William Dudley Beck report?
William Dudley Beck reported RSU vesting and related tax withholding. He converted 1,498 restricted stock units into common shares, then had 532 shares withheld to satisfy tax obligations tied to that vesting event.
How many Stanley Black & Decker (SWK) RSUs vested for the SVP?
1,498 restricted stock units vested for the SVP. Each RSU represents one share of common stock from a 4,494-unit grant vesting in three roughly equal annual installments starting on February 21, 2026.
What is William Dudley Beck’s SWK common stock ownership after these trades?
After the reported transactions, Beck directly holds 13,281 shares of Stanley Black & Decker common stock. He also beneficially owns 2,996 restricted stock units, each convertible into one share when future vesting conditions are met.
What was the source and schedule of the SWK RSU grant to the SVP?
The RSUs come from a 4,494-unit grant awarded on February 21, 2025. That grant vests in three approximately equal annual installments, with the first vesting occurring on the first anniversary of the original grant date.
Does the SWK Form 4 indicate insider buying or routine equity compensation?
The activity reflects routine equity compensation and tax withholding, not discretionary open-market buying. RSUs vested into shares at no cost, and a portion of those shares was withheld solely to cover the associated tax liability.