Stanley Black & Decker (NYSE: SWK) director adds stock and deferred shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stanley Black & Decker director Shane M. O’Kelly reported equity awards rather than market trades. He received 25.5467 shares of common stock at $84.57 per share as a grant, bringing his direct common stock holdings to 2,628.5467 shares.
O’Kelly also acquired 3.4291 deferred shares tied to dividend equivalents under the 2020 RSU Deferral Plan for Non-Employee Directors, increasing that deferred balance to 722.3451 deferred shares. In addition, he gained 369.5163 deferred shares through deferral of quarterly director fees and dividend reinvestment under the Deferred Compensation Plan, for a total of 718.9160 deferred shares in that account.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
OKelly Shane M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 369.516 | $84.57 | $31K |
| Grant/Award | Deferred Shares | 3.429 | $84.57 | $290.00 |
| Grant/Award | Common Stock | 25.547 | $84.57 | $2K |
Holdings After Transaction:
Deferred Shares — 718.916 shares (Direct, null);
Common Stock — 2,628.547 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 three approximately equal annual installments of common stock beginning on the January 15 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: 25.5467 shares at $84.57
Common shares after grant: 2,628.5467 shares
RSU Deferral Plan addition: 3.4291 deferred shares
+3 more
6 metrics
Common stock grant
25.5467 shares at $84.57
Non-derivative award to director on June 23, 2026
Common shares after grant
2,628.5467 shares
Direct common stock holdings following transaction
RSU Deferral Plan addition
3.4291 deferred shares
Dividend equivalents credited under 2020 RSU Deferral Plan
RSU Deferral Plan balance
722.3451 deferred shares
Deferred restricted stock units after credit
Deferred Compensation Plan addition
369.5163 deferred shares
Deferral of director fees and dividend reinvestment
Deferred Compensation Plan balance
718.9160 deferred shares
Deferred shares balance after new credits
Key Terms
Deferred Shares, 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors, Deferred Compensation Plan, dividend equivalents
4 terms
2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors financial
"Under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors (the "RSU Deferral Plan")"
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 when the Company pays cash dividends"
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.
