Stanley Black & Decker director granted new shares
Stanley Black & Decker director Shane M. O’Kelly reported equity awards rather than market trades.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 369.5163 | $84.57 | $31K |
| Grant/Award | Deferred Shares | 3.4291 | $84.57 | $290.00 |
| Grant/Award | Common Stock | 25.5467 | $84.57 | $2K |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
Key Terms
2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors financial
Deferred Compensation Plan financial
dividend equivalents financial
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