Form 4: Director Ayers Reports Acquisition of Stanley Black & Decker Stock Units Through Deferred Compensation Plan

Director Andrea J. Ayers reports the acquisition of 3,238 common stock units of Stanley Black & Decker through a deferred compensation plan, increasing her direct holdings to 34,369.5815 shares.

Summary

• On April 25, 2025, Andrea J. Ayers, a director of Stanley Black & Decker, acquired 3,238 shares of common stock.
• These shares were obtained through the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors.
• The acquisition price was $0, indicating it was part of a compensation plan.
• Following this transaction, Ayers directly owns 34,369.5815 shares of Stanley Black & Decker common stock.
• The restricted stock units vest immediately upon grant but are deferred until the director leaves the board.
• Settlement will occur on the 90th day following departure from the board, either in a lump sum or installments.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects standard director compensation practices and alignment with company interests. There are no indications of negative events or concerns.

Positives

• The acquisition reflects continued director alignment with company performance.
• The deferred compensation plan may incentivize long-term commitment from directors.

Future Outlook

The restricted stock units will be settled on the 90th day following the date the director ceases to be a member of the Board, either in one lump sum or in three, five or ten annual installments.

Industry Context

Deferred compensation plans are a common practice for compensating non-employee directors, aligning their interests with the long-term performance of the company. This filing is a routine disclosure of such activity.

Comparison to Industry Standards

• Many companies, including competitors like Techtronic Industries and Hilti, use similar deferred compensation plans for their non-employee directors.
• These plans are designed to attract and retain qualified board members by aligning their interests with those of long-term shareholders.
• The specific terms of the Stanley Black & Decker plan, such as the settlement date and installment options, are fairly standard within the industry.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with long-term company performance.

Key Dates

Keywords

Director, Stock Units, Deferred Compensation, Stanley Black & Decker, SWK, Beneficial Ownership, Form 4