SWK Director Boosts Holdings Through Deferred Compensation and RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stanley Black & Decker Director Andrea J. Ayers reported multiple transactions on June 17, 2025, involving the company's common stock and deferred share arrangements:
- Acquired 771 restricted stock units that were immediately vested, with settlement deferred under the 2020 RSU Deferral Plan
- Received 238.5976 additional shares at $64.85 per share through dividend equivalents on deferred RSUs
- Acquired 481.8812 deferred shares through the Director Deferred Compensation Plan from quarterly fee deferrals
- Received 165.5097 additional deferred shares through dividend reinvestment
Following these transactions, Ayers beneficially owns 35,379.1791 shares directly and 13,736.7994 deferred shares. The deferred compensation will be settled upon cessation of board service, either as a lump sum or in installments based on election.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Ayers Andrea J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 481.881 | $64.85 | $31K |
| Grant/Award | Deferred Shares | 165.51 | $64.85 | $11K |
| Grant/Award | Common Stock | 771 | $0.00 | -- |
| Grant/Award | Common Stock | 238.598 | $64.85 | $15K |
Holdings After Transaction:
Deferred Shares — 13,571.29 shares (Direct);
Common Stock — 35,140.582 shares (Direct)
Footnotes (1)
- Represents the number of shares of common stock to be delivered upon settlement of restricted stock units, which were 100% vested upon grant. The reporting person has elected to defer settlement of such restricted stock units under the terms of the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors (the "RSU Deferral Plan"). The restricted stock units will be settled in one lump sum on the 90th day following the date on which the reporting person ceases to be a member of the Board of Directors or in three, five or ten annual installments beginning on such settlement date, subject to the reporting person's election. Under 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
What insider trading activity occurred at SWK (Stanley Black & Decker) on June 17, 2025?
Director Andrea J. Ayers acquired 771 restricted stock units that vested immediately, plus 238.5976 additional shares through dividend equivalents under the RSU Deferral Plan at $64.85 per share. She also acquired 481.8812 and 165.5097 deferred shares through the company's Deferred Compensation Plan for Non-Employee Directors.
What is SWK's director compensation deferral policy?
SWK offers two deferral plans for directors: 1) The 2020 Restricted Stock Unit Deferral Plan, where RSUs are settled 90 days after leaving the board in either a lump sum or 3-5-10 annual installments, and 2) The Deferred Compensation Plan, where deferred shares from quarterly director fees are settled in a lump sum payment of common stock in the first business day of the year following board departure.
How are dividend equivalents handled for SWK's deferred director compensation?
When SWK pays cash dividends, directors' accounts are credited with dividend equivalents on deferred RSUs, converted to additional restricted stock units based on the average high/low NYSE price on the payment date. Similarly, dividends on deferred shares in the Deferred Compensation Plan are reinvested to acquire additional deferred shares.