STANLEY BLACK & DECKER (SWK) director granted stock and deferred share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STANLEY BLACK & DECKER, INC. director Michael David Hankin reported stock-based compensation awards rather than open-market trades. He received 146.0158 shares of common stock at a reference price of $84.57 per share, increasing his direct common share holdings to 17,180.797 shares.
He also acquired additional deferred shares under the company’s non-employee director plans: 135.5426 deferred restricted stock units credited as dividend equivalents under the 2020 RSU Deferral Plan, and 369.5163 deferred shares through fee deferrals and dividend reinvestment under the Deferred Compensation Plan. These deferred shares will settle in common stock in accordance with his deferral elections and when he leaves the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hankin Michael David
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 369.516 | $84.57 | $31K |
| Grant/Award | Deferred Shares | 135.543 | $84.57 | $11K |
| Grant/Award | Common Stock | 146.016 | $84.57 | $12K |
Holdings After Transaction:
Deferred Shares — 14,180.22 shares (Direct, null);
Common Stock — 17,180.797 shares (Direct, null)
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.
Key Figures
Common stock award: 146.0158 shares at $84.57/share
Common shares after grant: 17,180.797 shares
Deferred RSU dividend equivalents: 135.5426 deferred shares at $84.57
+2 more
5 metrics
Common stock award
146.0158 shares at $84.57/share
Grant/award acquisition on 2026-06-23
Common shares after grant
17,180.797 shares
Direct common stock holdings following transaction
Deferred RSU dividend equivalents
135.5426 deferred shares at $84.57
Credited under 2020 RSU Deferral Plan on 2026-06-23
Deferred fee/DRIP shares
369.5163 deferred shares at $84.57
Under Deferred Compensation Plan on 2026-06-23
Derivative holdings after one entry
14,315.7621 deferred shares
Deferred shares balance shown after one transaction row
Key Terms
2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors, Deferred Compensation Plan for Non-Employee Directors, dividend equivalents, deferred shares, +1 more
5 terms
2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors financial
"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..."
Deferred Compensation Plan for Non-Employee Directors financial
"Represents deferred shares acquired pursuant to the Stanley Black & Decker Deferred Compensation Plan for Non-Employee Directors (the "Deferred Compensation Plan")..."
dividend equivalents financial
"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"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
restricted stock units financial
"the number of shares reflects the credit of such dividend equivalents to the reporting person's account under the RSU Deferral Plan"
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.
FAQ
What did SWK director Michael David Hankin report in this Form 4?
Michael David Hankin reported stock-based awards, not market trades. He received 146.0158 common shares and additional deferred shares credited under non-employee director compensation and deferral plans, all structured to settle in STANLEY BLACK & DECKER common stock at future dates.