Stanley Black & Decker (SWK) Director Reports 3,238-Share RSU Settlement
Rhea-AI Filing Summary
Robert J. Manning, a director of Stanley Black & Decker, reported a transaction on 04/25/2025 in which 3,238 shares of Common Stock were acquired upon settlement of fully vested restricted stock units at a $0 per-share price. After the reported transaction Manning beneficially owns 7,698 shares directly and 30,000 shares indirectly through his spouse. The filing notes the shares were 100% vested upon grant and that the report was submitted late because of a technical filing issue. The Form 4 was signed by an attorney-in-fact on 09/05/2025.
Positive
- Shares were 100% vested upon grant, indicating no additional vesting conditions at settlement
- Clear disclosure of direct and indirect ownership: 7,698 shares direct and 30,000 shares held by spouse
Negative
- The Form 4 was filed late and the filing notes a technical issue caused the delay
Insights
TL;DR Insider acquired vested RSUs; direct beneficial ownership remains modest and the filing was delayed due to a technical issue.
The reported acquisition of 3,238 shares reflects settlement of restricted stock units that were 100% vested upon grant and delivered at no cash cost to the reporting person. Following settlement, the reporting person holds 7,698 shares directly and 30,000 indirectly via spouse. The disclosure of a late filing for a technical reason is factual; no additional financial metrics or company-level impact are provided in this Form 4 to assess materiality.
TL;DR Director reported RSU settlement and late filing; disclosure addresses ownership and timing but provides no governance changes.
The Form 4 documents a routine equity settlement to a director and clarifies direct and indirect holdings. The report explicitly states the delay was due to a technical filing issue and includes an attorney-in-fact signature dated 09/05/2025. There is no information in this filing indicating changes to board roles, compensation policy, or other governance matters.