Stanley Black & Decker (SWK) Director Reports RSU and Deferred Share Credits
Rhea-AI Filing Summary
Mitchell Adrian V, a director of Stanley Black & Decker, Inc. (SWK), reported acquisitions on 09/16/2025. The Form 4 shows a purchase of 98.7058 shares of common stock at $78.39 per share, resulting in 9,420.4571 shares beneficially owned directly after the transaction. The filing also reports acquisitions of deferred shares under the company's non-employee director plans: 398.6732 deferred shares (under the Deferred Compensation Plan) and 54.2819 additional deferred shares from dividend reinvestment, each settled in common stock per plan terms. The deferred-share entries reference an underlying common-stock amount and the same per-share price of $78.39. The Form 4 was signed by attorney-in-fact Janet M. Link on 09/18/2025. The explanations state these deferred units arise from director fee deferrals and dividend equivalents and will be settled according to the applicable deferral elections.
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Insights
TL;DR: Routine director stock and deferred-share acquisitions were reported; amounts are modest relative to company outstanding shares.
The Form 4 documents non-employee director compensation being taken as equity and dividend-equivalent reinvestment rather than cash. The reported 98.7058 common shares purchased at $78.39 and the 453.0 total deferred shares reflect plan-driven deferrals, not an open-market discretionary purchase or sale. These transactions increase the reporting person's direct and deferred holdings and reflect standard plan mechanics; they do not disclose changes to voting control or material transfers of economic interest beyond routine director compensation settlement rules.
TL;DR: Director elected to receive compensation as equity through established plans; filings align with plan terms and disclosure requirements.
The filing cites the RSU Deferral Plan and Deferred Compensation Plan for Non-Employee Directors as the sources of the additional restricted stock units and deferred shares, including dividend-equivalent reinvestment. Settlement provisions described indicate lump-sum common-stock settlement upon cessation of board service or per the deferral election. The Form 4 is properly executed by an attorney-in-fact and provides the required itemized reporting of securities acquired and beneficial ownership after the transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 398.673 | $78.39 | $31K |
| Grant/Award | Deferred Shares | 54.282 | $78.39 | $4K |
| Grant/Award | Common Stock | 98.706 | $78.39 | $8K |
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.
FAQ
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