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Stanley Black & Decker (SWK) Director Receives 573.8 Deferred Shares; Form 4 Filed

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Michael D. Hankin, a director of Stanley Black & Decker (SWK), reported acquisitions on 09/16/2025. The Form 4 shows a non-derivative purchase of 125.7004 shares of common stock at $78.39 per share, increasing his direct holdings to 14,153.821 shares. The filing also reports acquisitions of 446.514 and 127.2868 deferred shares under the company’s director deferred compensation and RSU deferral plans; these deferred shares correspond to the same $78.39 per-share value and will convert to common stock on settlement in accordance with the applicable deferral elections. The transactions reflect dividend-equivalent credits and fee deferrals rather than open-market purchases by the reporting person.

Positive

  • Director ownership increased via acquisition of 125.7004 common shares, raising direct beneficial holdings to 14,153.821 shares
  • Deferred compensation and RSU dividend credits added 446.514 and 127.2868 deferred shares that convert to common stock on settlement, increasing long-term alignment

Negative

  • None.

Insights

TL;DR: Director received deferred shares and dividend-equivalent RSUs, modestly increasing beneficial ownership.

The Form 4 documents director Michael Hankin acquiring 125.7004 shares of common stock and receiving 573.8008 deferred shares (446.514 plus 127.2868) through the company’s RSU Deferral Plan and Deferred Compensation Plan on 09/16/2025 at a recorded per-share value of $78.39. These are plan-driven credits: dividend equivalents on deferred RSUs and fee deferrals, which will be settled into shares per the reporting person’s deferral elections. From a governance perspective, these transactions indicate routine director compensation mechanics rather than opportunistic insider buying or selling.

TL;DR: Transactions are routine plan credits; limited direct market impact but increase director shareholding modestly.

The filing shows an acquisition date of 09/16/2025 with a per-share price of $78.39 used for reporting purposes. Resulting beneficial holdings are reported as 14,153.821 shares (direct) and deferred-share totals reported for settlement timing. These actions are non-marketable compensatory events under director plans and are unlikely to materially affect liquidity or valuations, though they modestly raise insider alignment with shareholders.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Hankin Michael David

(Last) (First) (Middle)
1000 STANLEY DRIVE

(Street)
NEW BRITAIN CT 06053

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
STANLEY BLACK & DECKER, INC. [ SWK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/16/2025 A 125.7004(1) A $78.39 14,153.821 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Shares (2) 09/16/2025 A 446.514 (2) (2) Common Stock 446.514 $78.39 12,467.5252 D
Deferred Shares (3) 09/16/2025 A 127.2868 (3) (3) Common Stock 127.2868 $78.39 12,594.812 D
Explanation of Responses:
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.
2. Represents deferred shares acquired pursuant to the Stanley Black & Decker Deferred Compensation Plan for Non-Employee Directors (the "Deferred Compensation Plan") as a result of the deferral of quarterly director fees paid in cash to the reporting person. 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 the first business day of the calendar year immediately following the date on which the reporting person ceases to be a member of the Board of Directors.
3. Represents additional deferred shares acquired through the reinvestment of dividends paid on deferred shares credited to the reporting person's account under the Deferred Compensation Plan. Each deferred share entitles the holder thereof to receive one share of common stock upon settlement. Such deferred shares will be settled in accordance with the deferral election made by the reporting person applicable to the underlying deferred shares.
Remarks:
/s/ Janet M. Link, Attorney-in-Fact 09/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Stanley Black & Decker director Michael Hankin acquire on 09/16/2025?

He acquired 125.7004 shares of common stock at a reported price of $78.39 per share and received 446.514 and 127.2868 deferred shares under director plans.

Are the deferred shares immediately tradable for SWK stock?

No. The deferred shares are plan credits that entitle the holder to one share each upon settlement and will be settled according to the reporting person’s deferral election.

Why were dividend-equivalent shares recorded on this Form 4?

Under the RSU Deferral Plan dividend equivalents are credited as additional restricted stock units based on the NYSE average price on the dividend payment date; those credits appear as additional deferred RSUs in the filing.

How much total deferred share credit did Hankin receive in this filing?

The filing reports 446.514 deferred shares from fee deferral and 127.2868 additional deferred shares from dividend reinvestment, totaling 573.8008 deferred shares.

Who signed the Form 4 filing for Michael Hankin?

The Form 4 was signed by Janet M. Link, Attorney-in-Fact on behalf of the reporting person on 09/18/2025.
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