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.