Stanley Black & Decker (SWK) director reports deferred shares and stock acquisition
Rhea-AI Filing Summary
John L. Garrison Jr., a director of Stanley Black & Decker (SWK), reported transactions dated 09/16/2025 showing acquisitions of equity and deferred-share credits related to director compensation plans. The filing reports a purchase of 34.7199 shares of common stock at $78.39 per share, leaving 3,313.6629 shares beneficially owned following the transaction. In addition, the report shows 398.6732 and 12.3061 deferred shares credited under the company’s Deferred Compensation and RSU Deferral plans, with underlying common-stock equivalents noted and settlement terms described in the explanations.
Positive
- Director acquired 34.7199 shares at an explicit price of $78.39 on 09/16/2025, as reported on Form 4.
- Deferred-share credits (398.6732 and 12.3061) were recorded under the company’s RSU Deferral Plan and Deferred Compensation Plan, with settlement terms disclosed.
Negative
- None.
Insights
TL;DR: Routine director compensation-related equity credits and a small open-market acquisition; not materially company-changing.
The Form 4 documents a 09/16/2025 acquisition of 34.7199 common shares at $78.39 and the crediting of deferred shares under the RSU Deferral Plan and Deferred Compensation Plan. The transactions reflect director compensation mechanics: dividend equivalents and fee deferrals converted into share-equivalents rather than active strategic purchases. Sizes reported are modest relative to a large-cap issuer and are consistent with non-employee director compensation and deferral elections.
TL;DR: Disclosure aligns with standard Section 16 reporting for director deferrals and dividend reinvestment.
The filing provides clear linkage to the company's 2020 RSU Deferral Plan and the Deferred Compensation Plan for Non-Employee Directors, explaining that dividend equivalents and fee deferrals are credited as deferred shares to be settled upon departure from the board. Signatures and an attorney-in-fact filing are included, and no departures, option exercises, or unusual arrangements are disclosed.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 398.673 | $78.39 | $31K |
| Grant/Award | Deferred Shares | 12.306 | $78.39 | $964.68 |
| Grant/Award | Common Stock | 34.72 | $78.39 | $3K |
Footnotes (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. 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. 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.
