Stanley Black & Decker (NYSE: SWK) chair nets shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STANLEY BLACK & DECKER, INC. Executive Chair Donald Allan reported routine equity compensation activity involving restricted stock units. On July 5, 2026, 2,001 restricted stock units converted into an equal number of common shares. To cover tax obligations at vesting, 875 common shares were withheld at an implied value of about $91.55 per share. The net result was an increase of roughly 1,126 directly held shares, bringing his direct ownership to about 149,806 common shares. The filing shows no open-market purchases or sales, only RSU vesting and related tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,001 shares exercised/converted
Mixed
3 txns
Insider
Allan Donald
Role
Executive Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,001 | $0.00 | -- |
| Exercise | Common Stock | 2,001 | $0.00 | -- |
| Tax Withholding | Common Stock | 875 | $91.5475 | $80K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 149,805.8 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. Shares withheld to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units. As previously reported, on July 5, 2022, the reporting person was granted 8,353 RSUs of which 351 RSUs vested on December 19, 2022, and the remaining RSUs vested in four approximately equal annual installments beginning on the first anniversary of the grant date.
Key Figures
RSUs converted: 2,001 shares
Shares withheld for taxes: 875 shares
Implied share value: $91.5475 per share
+4 more
7 metrics
RSUs converted
2,001 shares
Restricted stock units converted to common stock on July 5, 2026
Shares withheld for taxes
875 shares
Tax withholding upon RSU vesting at about $91.5475 per share
Implied share value
$91.5475 per share
Value used for tax-withholding disposition of 875 shares
Direct holdings after transactions
149,805.8 shares
Common stock directly owned following RSU conversion and tax withholding
Net shares added
≈1,126 shares
RSUs converted (2,001) minus shares withheld for taxes (875)
Tax-withholding shares count
1 transaction, 875 shares
F-code disposition for tax withholding in transaction summary
Derivative exercises
1 exercise, 2,001 shares
M-code exercise/conversion of RSUs into common stock
Key Terms
Restricted Stock Units, tax withholding obligation, derivative security, contingent right
4 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"Shares withheld to satisfy the reporting person's tax withholding obligation upon vesting"
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
FAQ
What insider transaction did SWK Executive Chair Donald Allan report?
Donald Allan reported vesting of 2,001 restricted stock units that converted into common stock. This was a compensation-related event, not an open‑market trade, and reflects scheduled equity awards rather than a discretionary stock purchase or sale.
What are Donald Allan’s SWK holdings after these transactions?
After these transactions, Donald Allan directly holds about 149,805.8 shares of Stanley Black & Decker common stock. This reflects the net impact of RSU conversion and tax withholding, with no remaining derivative RSU position reported in this filing.
What do the RSU footnotes in the SWK Form 4 explain?
The footnotes explain each RSU represents one common share, that 875 shares were withheld for taxes, and that the RSUs came from an 8,353‑unit grant made on July 5, 2022, which vests in several scheduled installments over multiple years.