Form 4: Director Susan K. Carter Acquires Shares of Stanley Black & Decker, Inc.

Sentiment:

SEC Form 4 Filing


Susan K. Carter, a director of Stanley Black & Decker, Inc., acquired 2,140 shares of common stock on May 3, 2024, through the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors.

Summary

  • On May 3, 2024, Susan K. Carter, a director of Stanley Black & Decker, Inc. (SWK), acquired 2,140 shares of common stock.
  • The acquisition was made under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors.
  • The price per share was $0.
  • Following the transaction, Carter directly owns 2,182 shares of Stanley Black & Decker common stock.
  • 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.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction by a company director. While insider buying can be seen as a positive signal, this specific transaction is part of a pre-existing compensation plan and doesn't necessarily indicate a strong bullish outlook.

Positives

  • A director's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

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

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's value and future performance.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates

DateDescription
05/03/2024Date of transaction: Susan K. Carter acquired 2,140 shares of Stanley Black & Decker common stock.
05/06/2024Date of report filing.

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