Stanley Black & Decker (NYSE: SWK) officer converts 948 RSUs, withholds 262 shares for taxes
Rhea-AI Filing Summary
Stanley Black & Decker, Inc. reports an equity transaction by its Chief Accounting Officer. On December 6, 2025, 948 restricted stock units converted into the same number of shares of common stock. These units were part of a 2,844-unit grant made on December 6, 2022 that vests in three approximately equal annual installments.
To cover tax withholding on the vesting, 262 shares were withheld at a price of $72.6175 per share. After these transactions, the officer directly owned about 5,149.292 shares of Stanley Black & Decker common stock. The remaining restricted stock units associated with this grant were fully settled in this event, leaving no derivative securities from this award outstanding.
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FAQ
What insider transaction did SWK report for its Chief Accounting Officer?
The Chief Accounting Officer had 948 restricted stock units convert into the same number of Stanley Black & Decker common shares on December 6, 2025, reflecting scheduled vesting of a prior equity grant.
How many Stanley Black & Decker (SWK) shares were withheld for taxes in this transaction?
The report shows that 262 shares of Stanley Black & Decker common stock were withheld to satisfy the officer's tax withholding obligation upon vesting, at a price of $72.6175 per share.
How many SWK shares does the reporting officer own after the transaction?
Following the vesting and tax withholding, the officer directly owns 5,149.292 shares of Stanley Black & Decker common stock.
What was the original restricted stock unit grant referenced in this SWK insider report?
The transaction relates to a grant of 2,844 restricted stock units awarded on December 6, 2022, vesting in three approximately equal annual installments beginning on the first anniversary of the grant date.
Are the restricted stock units in this SWK transaction convertible into common stock?
Yes. Each restricted stock unit in this award represents a contingent right to receive one share of Stanley Black & Decker common stock upon vesting.
Does this SWK insider transaction involve derivative securities remaining after the vesting?
No derivative securities from this specific restricted stock unit grant remain outstanding after 948 units converted into common stock and the award was fully settled.