Stanley Black & Decker director granted 2,603 RSUs
OKelly Shane M reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
OKelly Shane M reported acquisition or exercise transactions in this Form 4 filing.
Stanley Black & Decker director Shane M. O’Kelly received an award of 2,603 shares of common stock through restricted stock units. The units are 100% vested upon grant, but settlement and share delivery are deferred under the 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors until after his Board service ends.
The restricted stock units will be settled in company shares on the 90th day following the date he ceases to be a Board member, either in a lump sum or in three, five, or ten annual installments. Following this grant, he directly holds 2,603 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,603 | $0.00 | $0.00 |
Footnotes (1)
- F1. 100% vested upon grant. Represents number of shares to be delivered upon settlement of restricted stock units. The reporting person has elected to defer settlement of such restricted stock units under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors. Such restricted stock units will be settled on the 90th day following the date the director ceases to be a member of the Board, either in one lump sum or in three, five or ten annual installments.
Key Figures
Key Terms
restricted stock units financial
2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors financial
settled on the 90th day financial
annual installments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Stanley Black & Decker (SWK) director Shane O’Kelly report on this Form 4?
Are Shane O’Kelly’s new Stanley Black & Decker (SWK) restricted stock units vested?
When will Shane O’Kelly’s Stanley Black & Decker (SWK) restricted stock units be settled?
Is Shane O’Kelly’s Form 4 transaction in SWK an open-market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.