Stanley Black & Decker (SWK) CFO logs RSU, option grants and tax withholdings
Rhea-AI Filing Summary
Stanley Black & Decker executive Patrick D. Hallinan, EVP, CFO & Chief Administrative Officer, reported multiple equity transactions. He acquired 3,567 shares of common stock through the exercise of restricted stock units and ended with 27,058 common shares held directly after related tax withholdings.
On February 27, 2026, he received grants of 13,824 restricted stock units and 53,013 stock options, each representing rights to acquire one share of common stock. The RSUs and options vest or become exercisable in three approximately equal annual installments beginning on February 27, 2027.
On March 1, 2026, 1,046 shares at $85.90 and 1,535 shares at $88.945 were withheld to cover tax obligations tied to RSU vesting and the 2023–2025 long-term incentive performance award program, rather than being sold in open-market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,567 | $0.00 | -- |
| Exercise | Common Stock | 3,567 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,046 | $85.90 | $90K |
| Tax Withholding | Common Stock | 1,535 | $88.945 | $137K |
| Grant/Award | Restricted Stock Units | 13,824 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 53,013 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. Shares withheld to satisfy the reporting person's tax withholding obligations upon vesting of RSUs. Shares withheld to satisfy the reporting person's tax withholding obligations on shares received under the 2023-2025 long-term incentive performance award program. RSUs will vest in three approximately equal annual installments beginning on February 27, 2027. Options will become exercisable in three approximately equal annual installments beginning on February 27, 2027. On March 1, 2024, the reporting person was granted 10,703 RSUs, vesting in three approximately equal annual installments beginning on the first anniversary of the grant date.