Form 4: Allan Donald reports multiple insider transactions in SWK
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allan Donald reported multiple insider transaction types in a Form 4 filing for SWK. The filing lists transactions totaling 18,706 shares at a weighted average price of $90.34 per share. Following the reported transactions, holdings were 133,518 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,175 shares exercised/converted
Mixed
3 txns
Insider
Allan Donald
Role
Executive Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,175 | $0.00 | -- |
| Exercise | Common Stock | 8,175 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,356 | $90.335 | $213K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 133,517.8 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 15, 2023, the reporting person was granted 25,603 RSUs, of which 1,075 vested on December 16, 2023, and the remaining RSUs vested in three approximately equal annual installments beginning on the first anniversary of the grant date.
FAQ
What insider transaction did Allan Donald report at Stanley Black & Decker (SWK)?
Allan Donald reported vesting and exercise of 8,175 restricted stock units into common stock. A portion of the resulting shares was then disposed of to satisfy tax withholding obligations tied to that RSU vesting event.
How many Stanley Black & Decker (SWK) RSUs did Allan Donald exercise?
Allan Donald exercised 8,175 restricted stock units, each converting into one share of Stanley Black & Decker common stock. The exercise price on these derivative securities was reported as $0 per share, reflecting equity-based compensation.
Were Allan Donald’s Stanley Black & Decker (SWK) transactions open-market buys or sells?
The filing shows no open-market buying or selling. Instead, shares were acquired through the exercise of restricted stock units and a portion was disposed of solely to cover associated tax withholding obligations under Code F.