Stanley Black & Decker (SWK) director adds deferred and common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STANLEY BLACK & DECKER, INC. director Jane Palmieri reported routine equity awards tied to board compensation, not open-market buying. She acquired 129.0908 shares of common stock and 20.8705 deferred shares at a reference price of $84.57 per share. The common stock reflects dividend equivalents credited under the company’s 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors, while the deferred shares come from reinvested dividends under the Deferred Compensation Plan for Non-Employee Directors. After these awards, Palmieri holds 13,282.365 shares of common stock directly and 2,147.4037 deferred shares that will be settled in common stock after she leaves the Board.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Palmieri Jane
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 20.871 | $84.57 | $2K |
| Grant/Award | Common Stock | 129.091 | $84.57 | $11K |
Holdings After Transaction:
Deferred Shares — 2,147.404 shares (Direct, null);
Common Stock — 13,282.365 shares (Direct, null)
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 additional deferred shares acquired through the reinvestment of dividends paid on deferred shares credited to the reporting person's account under the Stanley Black & Decker, Inc. Deferred Compensation Plan for Non-Employee Directors (the "Deferred Compensation Plan"). 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 March 1 immediately following the date on which the reporting person ceases to be a member of the Board of Directors.
Key Figures
Common shares awarded: 129.0908 shares
Deferred shares awarded: 20.8705 shares
Reference price per share: $84.57 per share
+2 more
5 metrics
Common shares awarded
129.0908 shares
Grant/award acquisition on 2026-06-23
Deferred shares awarded
20.8705 shares
Grant/award acquisition on 2026-06-23
Reference price per share
$84.57 per share
Used for both common and deferred share awards
Common shares after transaction
13,282.365 shares
Direct common stock holdings following awards
Deferred shares after transaction
2,147.4037 shares
Deferred shares to be settled in common stock
Key Terms
Restricted Stock Unit Deferral Plan, dividend equivalents, Deferred Compensation Plan, deferred shares, +1 more
5 terms
Restricted Stock Unit Deferral Plan financial
"Under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors (the "RSU Deferral Plan")"
dividend equivalents financial
"each director's account is credited with dividend equivalents on the deferred restricted stock units"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Deferred Compensation Plan financial
"Deferred Compensation Plan for Non-Employee Directors (the "Deferred Compensation Plan")"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
lump sum payment of common stock financial
"will be settled in one lump sum payment of common stock on March 1"
FAQ
What insider activity did Stanley Black & Decker (SWK) report for Jane Palmieri?
Stanley Black & Decker reported that director Jane Palmieri received routine equity awards, not open-market purchases or sales. She acquired additional common and deferred shares through dividend equivalents and dividend reinvestment tied to existing board compensation and deferral plans, increasing her overall equity-based holding in the company.
Are Jane Palmieri’s recent Stanley Black & Decker (SWK) transactions open-market buys?
No. The reported transactions are coded as awards and plan-related acquisitions, not open-market purchases. They arise from dividend equivalents on restricted stock units and reinvestment of dividends on deferred shares under established non-employee director compensation and deferral programs at Stanley Black & Decker.