Stanley Black & Decker (SWK) director granted 2,603 deferred restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mitchell Adrian V reported acquisition or exercise transactions in this Form 4 filing.
Stanley Black & Decker director Mitchell Adrian V received an award of 2,603 shares of common stock in the form of restricted stock units. These units are 100% vested upon grant and will be settled in shares on the 90th day after he ceases to be a board member, in either a lump sum or installments, under the company’s 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors. Following this grant, he holds 12,241.7243 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mitchell Adrian V
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,603 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,241.724 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 2,603 shares
Shares held after transaction: 12,241.7243 shares
Settlement timing: 90th day
3 metrics
Restricted stock units granted
2,603 shares
Common Stock RSU award to director on 2026-05-04
Shares held after transaction
12,241.7243 shares
Direct ownership following RSU grant
Settlement timing
90th day
Day after director ceases Board service when RSUs settle
Key Terms
restricted stock units, 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors, settled on the 90th day
3 terms
restricted stock units financial
"Represents number of shares to be delivered upon settlement of 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.
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."
settled on the 90th day financial
"Such restricted stock units will be settled on the 90th day following the date the director ceases to be a member of the Board"
FAQ
What did Stanley Black & Decker (SWK) director Mitchell Adrian V receive in this Form 4?
Mitchell Adrian V received an award of 2,603 restricted stock units of Stanley Black & Decker common stock. These units are fully vested upon grant and represent shares that will be delivered in the future according to the company’s director deferral plan.
When will the Stanley Black & Decker (SWK) restricted stock units for Mitchell Adrian V be paid out?
The restricted stock units will be settled on the 90th day after Mitchell Adrian V is no longer a member of the Board. At that time, shares may be delivered in one lump sum or in three, five, or ten annual installments, per his deferral election.
What plan governs the SWK director’s deferral of restricted stock units in this filing?
The deferral is governed by the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors. Under this plan, the director elected to defer settlement of the fully vested restricted stock units until after leaving the Board.