Form 4: Greulach Scot reports multiple insider transactions in SWK
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Greulach Scot reported multiple insider transaction types in a Form 4 filing for SWK. The filing lists transactions totaling 1,880 shares at a weighted average price of $90.34 per share. Following the reported transactions, holdings were 6,029 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
807 shares exercised/converted
Mixed
3 txns
Insider
Greulach Scot
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 807 | $0.00 | -- |
| Exercise | Common Stock | 807 | $0.00 | -- |
| Tax Withholding | Common Stock | 266 | $90.335 | $24K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 6,029.292 shares (Direct)
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 obligation upon vesting of RSUs. As previously reported, on February 15, 2023, the reporting person was granted 2,422 RSUs, vesting in three approximately equal annual installments beginning on the first anniversary of the grant date.
FAQ
What insider transaction did SWK Chief Accounting Officer Scot Greulach report?
Scot Greulach reported exercising 807 restricted stock units into 807 shares of Stanley Black & Decker common stock. The transaction reflects equity compensation vesting, not an open-market stock purchase, and was recorded at an exercise price of $0 per share on February 15, 2026.
What are the restricted stock units mentioned in the SWK Form 4?
Each restricted stock unit represents a contingent right to receive one share of Stanley Black & Decker common stock. The filing notes these RSUs were part of a grant originally awarded on February 15, 2023, vesting in three approximately equal annual installments beginning one year after grant.
Is Scot Greulach’s SWK transaction a stock sale on the open market?
The filing shows a tax-withholding disposition of 266 shares, not a traditional open-market sale. These shares were withheld by Stanley Black & Decker at $90.335 per share to cover income tax obligations triggered by the vesting and conversion of previously granted restricted stock units.
When were Scot Greulach’s RSUs in SWK originally granted and how do they vest?
The filing states that on February 15, 2023, Scot Greulach was granted 2,422 restricted stock units. These RSUs vest in three approximately equal annual installments, starting on the first anniversary of the grant date, leading to the 2026 vesting and conversion transaction reported here.