Stanley Black & Decker (SWK) director awarded deferred and common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STANLEY BLACK & DECKER, INC. director John L. Garrison Jr. reported compensation-related share awards rather than market trades. On 2026-03-24, he acquired 529.9229 and 24.3371 deferred shares tied to director fee deferrals and dividend equivalents, plus 39.3053 shares of common stock at a reference price of $70.77 per share. Following these awards, his reported direct holdings increased to 2,629.2146 deferred shares and 3,390.4387 shares of common stock, which will be settled in stock under the company’s non-employee director deferral plans after his Board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
GARRISON JOHN L JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 529.923 | $70.77 | $38K |
| Grant/Award | Deferred Shares | 24.337 | $70.77 | $2K |
| Grant/Award | Common Stock | 39.305 | $70.77 | $3K |
Holdings After Transaction:
Deferred Shares — 2,604.878 shares (Direct);
Common Stock — 3,390.439 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 December 15 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 SWK director John L. Garrison Jr. report in this Form 4?
He reported three compensation-related share acquisitions, not market trades. These include deferred shares and common stock credited on March 24, 2026 under Stanley Black & Decker’s non-employee director deferral plans tied to fees and dividend equivalents.
What are the director’s holdings after these SWK transactions?
After the March 24, 2026 awards, the filing shows 2,629.2146 deferred shares and 3,390.4387 shares of common stock held directly. These positions are tied to deferred compensation and dividend equivalents under Stanley Black & Decker’s non-employee director plans.
Do these SWK Form 4 entries involve open-market buying or selling?
No, all transactions are coded as awards or other acquisitions, not open-market trades. The entries reflect deferred director fees, dividend equivalents, and dividend reinvestment under Stanley Black & Decker’s non-employee director deferral and RSU deferral programs.