SWK CFO Patrick Hallinan receives stock awards and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stanley Black & Decker EVP, CFO & Chief Admin Officer Patrick D. Hallinan reported equity awards and related tax withholding transactions. He received a grant of 4,793 shares of common stock and 3,418 shares from the exercise of restricted stock units tied to a 2023–2025 long-term incentive program. To cover taxes upon RSU vesting, 1,002 common shares were withheld at a price of $90.545 per share, leaving him with 21,279 directly owned common shares and 6,834 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,418 shares exercised/converted
Mixed
4 txns
Insider
Hallinan Patrick D
Role
EVP, CFO & Chief Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,793 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,418 | $0.00 | -- |
| Exercise | Common Stock | 3,418 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,002 | $90.545 | $91K |
Holdings After Transaction:
Common Stock — 26,072 shares (Direct);
Restricted Stock Units — 6,834 shares (Direct)
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 RSUs. Shares received upon satisfaction of performance criteria pursuant to the 2023-2025 long-term incentive performance award program under the Company's 2022 Omnibus Award Plan. As previously reported, on February 21, 2025, the reporting person was granted 10,252 RSUs vesting in three approximately equal annual installments beginning on the first anniversary of the grant date.
FAQ
What insider transactions did SWK executive Patrick Hallinan report on this Form 4?
Patrick Hallinan reported equity awards and a tax-related share disposition. He received 4,793 shares of common stock and 3,418 shares from RSU conversion, with 1,002 shares withheld at $90.545 per share to satisfy tax obligations linked to RSU vesting.
Were Patrick Hallinan’s SWK Form 4 transactions open-market buys or sells?
The reported transactions were equity grants, RSU conversions, and tax withholding, not open-market trades. Shares were granted at no cost, RSUs converted into common stock, and 1,002 shares were withheld by the company to cover tax liabilities on vesting.
What are the restricted stock units (RSUs) referenced in Patrick Hallinan’s SWK Form 4?
Each restricted stock unit represents a contingent right to receive one share of Stanley Black & Decker common stock. These RSUs vest over time or upon performance goals, including awards from the 2023–2025 long-term incentive performance program under the company’s 2022 Omnibus Award Plan.
What prior RSU grant to Patrick Hallinan is referenced in this SWK Form 4?
The filing notes a prior grant of 10,252 RSUs to Patrick Hallinan on February 21, 2025. Those RSUs vest in three approximately equal annual installments starting on the first anniversary of the grant date, subject to the applicable award terms and conditions.