SWK Director Boosts Stake Through Deferred Share Plan, Signals Confidence
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stanley Black & Decker director Michael David Hankin reported multiple transactions on June 17, 2025, involving both direct stock acquisitions and deferred share arrangements:
- Acquired 148.2308 shares of common stock at $64.85 per share, bringing direct ownership to 14,028.1206 shares
- Received 539.707 deferred shares under the 2020 RSU Deferral Plan for Non-Employee Directors
- Acquired 143.3623 additional deferred shares through dividend reinvestment in the Deferred Compensation Plan
The deferred shares will be settled in common stock upon the director's departure from the Board. These transactions reflect ongoing director compensation and dividend reinvestment arrangements, demonstrating continued alignment with shareholder interests through equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hankin Michael David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 539.707 | $64.85 | $35K |
| Grant/Award | Deferred Shares | 143.362 | $64.85 | $9K |
| Grant/Award | Common Stock | 148.231 | $64.85 | $10K |
Holdings After Transaction:
Deferred Shares — 11,877.649 shares (Direct);
Common Stock — 14,028.121 shares (Direct)
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.
FAQ
What insider trading activity occurred at Stanley Black & Decker (SWK) on June 17, 2025?
Director Michael David Hankin acquired 148.2308 shares of SWK common stock at $64.85 per share. Additionally, he received 539.707 and 143.3623 deferred shares through the company's director compensation plans.
What is SWK's director compensation structure for Michael Hankin?
The filing reveals two compensation plans: the 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors and the Deferred Compensation Plan. Directors receive quarterly fees that can be deferred into shares, plus dividend equivalents that are converted to additional restricted stock units based on NYSE trading prices.