Director in Stanley Black & Decker (NYSE: SWK) gains deferred shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STANLEY BLACK & DECKER, INC. director Michael David Hankin reported compensation-related share awards rather than market trades. On March 24, 2026, he acquired 441.6024 deferred shares and 154.9873 additional deferred shares through the company’s non-employee director deferred compensation plans, both tied to fee deferrals and dividend reinvestment.
He also received 142.3014 shares of common stock credited as dividend-equivalent awards on previously deferred restricted stock units. All holdings are reported as directly owned, and there were no open-market purchases or sales. Following these awards, his direct common stock holdings totaled 14,431.7812 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hankin Michael David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 441.602 | $70.77 | $31K |
| Grant/Award | Deferred Shares | 154.987 | $70.77 | $11K |
| Grant/Award | Common Stock | 142.301 | $70.77 | $10K |
Holdings After Transaction:
Deferred Shares — 13,655.716 shares (Direct);
Common Stock — 14,431.781 shares (Direct)
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.
FAQ
What did Stanley Black & Decker (SWK) disclose in this Form 4 for Michael David Hankin?
The Form 4 shows director Michael David Hankin acquired deferred and common shares as compensation. Awards came from director fee deferrals and dividend-equivalent credits, not from open-market stock purchases or sales.
Were Michael David Hankin’s SWK transactions open-market buys or sells?
No, the transactions were grant or award acquisitions, not market trades. They represent deferred director fees and dividend-equivalent reinvestments under company plans, with no open-market buying or selling of Stanley Black & Decker stock reported.