Form 4: Stanley Black & Decker Director Acquires Additional Deferred Shares

Sentiment:

SEC Form 4 Filing


Director John L Garrison Jr. acquired additional deferred shares in Stanley Black & Decker through the company's Deferred Compensation Plan.

Summary

  • On March 18, 2025, Director John L Garrison Jr. acquired 384.2134 deferred shares of Stanley Black & Decker common stock at a price of $81.335 per share through the Deferred Compensation Plan.
  • Additionally, Mr. Garrison acquired 2.8705 deferred shares through dividend reinvestment at the same price.
  • Following these transactions, Mr. Garrison beneficially owns 671.8119 deferred shares.
  • These deferred shares will be settled in common stock upon the director's departure from the Board.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through a standard compensation plan.

Positives

  • The director's participation in the Deferred Compensation Plan and dividend reinvestment indicates confidence in the company's future performance.

Future Outlook

The deferred shares 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.

Industry Context

Directors often participate in deferred compensation plans as a way to align their interests with the long-term performance of the company. These plans are a common practice in corporate governance.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is related to director compensation.

Key Dates

DateDescription
03/18/2025Date of transaction: Acquisition of deferred shares and dividend reinvestment.
03/20/2025Date of signature on the Form 4 filing.

Keywords

deferred shares, director, Stanley Black & Decker, SWK, Form 4, beneficial ownership, Deferred Compensation Plan, dividend reinvestment

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.