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.