Stanley Black & Decker (NYSE: SWK) director granted common and deferred shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STANLEY BLACK & DECKER, INC. director Mitchell Adrian V reported equity awards tied to his role as a non-employee director. On 2026-06-23, he acquired 120.1446 shares of common stock at an indicated price of $84.57 per share as a grant or award, bringing his direct common stock holdings to 12,361.8689 shares.
He also received derivative awards in the form of deferred shares linked to company plans for non-employee directors. These included 64.5880 deferred shares (with 64.5880 underlying common shares) credited as dividend equivalents under the 2020 Restricted Stock Unit Deferral Plan, and 369.5163 deferred shares (with 369.5163 underlying common shares) acquired through deferral of quarterly director fees and dividend reinvestment under the Deferred Compensation Plan. After these transactions, he directly holds 7,015.0730 deferred shares under one plan and 6,950.4850 deferred shares under another, which will convert into common stock upon settlement after he leaves the Board or in line with his deferral elections.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Mitchell Adrian V
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 369.516 | $84.57 | $31K |
| Grant/Award | Deferred Shares | 64.588 | $84.57 | $5K |
| Grant/Award | Common Stock | 120.145 | $84.57 | $10K |
Holdings After Transaction:
Deferred Shares — 6,950.485 shares (Direct, null);
Common Stock — 12,361.869 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 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.
Key Figures
Common stock grant: 120.1446 shares at $84.57
Common shares after award: 12,361.8689 shares
Deferred shares (RSU Deferral Plan): 64.5880 deferred shares
+4 more
7 metrics
Common stock grant
120.1446 shares at $84.57
Grant/award acquisition on June 23, 2026
Common shares after award
12,361.8689 shares
Direct common stock holdings following transaction
Deferred shares (RSU Deferral Plan)
64.5880 deferred shares
Dividend equivalents credited under 2020 RSU Deferral Plan
Deferred shares (fees deferral)
369.5163 deferred shares
Director fees deferred into shares under Deferred Compensation Plan
Deferred shares balance (one plan)
7,015.0730 deferred shares
Total deferred shares following transaction under one plan
Deferred shares balance (other plan)
6,950.4850 deferred shares
Total deferred shares following transaction under other plan
Indicated price per share
$84.57 per share
Reference price used for grant and deferred share credits
Key Terms
Deferred Shares, Restricted Stock Unit Deferral Plan, Deferred Compensation Plan, dividend equivalents, +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"
Deferred Compensation Plan financial
"Represents deferred shares acquired pursuant to the Stanley Black & Decker Deferred Compensation Plan for Non-Employee Directors"
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.
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 restricted stock units financial
"dividend equivalents on the deferred restricted stock units when the Company pays cash dividends"
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
FAQ
What insider transactions did SWK director Mitchell Adrian V report?
Mitchell Adrian V reported receiving equity awards, not open-market trades. He acquired 120.1446 common shares and additional deferred shares on June 23, 2026, as part of director compensation and dividend equivalents credited under Stanley Black & Decker’s non-employee director deferral plans.
Were the SWK Form 4 transactions open-market buys or sells?
The transactions were grants and deferrals, not market buys or sells. All entries use code A for grant or award acquisitions related to director fees and dividend equivalents under company deferral plans for non-employee directors, rather than discretionary trading in Stanley Black & Decker stock.
Which SWK director compensation plans are mentioned in this Form 4?
The filing references two plans for non-employee directors. One is the 2020 Restricted Stock Unit Deferral Plan, which credits dividend equivalents as additional restricted stock units. The other is the Deferred Compensation Plan, where directors defer cash fees into deferred shares with dividends reinvested.