Form 4: Stanley Black & Decker COO Christopher Nelson Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Christopher Nelson, COO of Stanley Black & Decker, disposed of 538 shares of common stock on June 29, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On June 29, 2024, Christopher John Nelson, COO of Stanley Black & Decker, disposed of 538 shares of common stock.
- The transaction was executed at a price of $80.5225 per share.
- The disposal was to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.
- Following the transaction, Nelson directly owns 78,655 shares of Stanley Black & Decker stock.
Sentiment
Score: 5
Explanation: The document reports a routine transaction (disposal of shares for tax obligations) and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 06/29/2024 | Date of stock disposal transaction |
| 07/02/2024 | Date of signature on the Form 4 filing |
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