Form 4: Stanley Black & Decker Director Acquires Additional Shares Through Dividend Equivalents and Deferred Compensation

Director Debra Ann Crew increased her holdings in Stanley Black & Decker through dividend equivalents and deferred compensation plan reinvestments.

Summary

• Debra Ann Crew, a director at Stanley Black & Decker, acquired additional shares of common stock on June 18, 2024.
• These shares were obtained through dividend equivalents under the 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors and the Deferred Compensation Plan for Non-Employee Directors.
• Crew acquired 78.4513 shares of common stock at a price of $84.395 per share through dividend equivalents.
• Additionally, she acquired 429.5278 deferred shares through the deferral of quarterly director fees and 124.8047 deferred shares through the reinvestment of dividends.
• Following these transactions, Crew beneficially owns 8,252.3946 shares of common stock directly and 13,557.9087 deferred shares indirectly.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's increased stake reflects confidence, but the transactions are part of standard compensation practices.

Positives

• The director's participation in dividend equivalent and deferred compensation plans demonstrates a continued investment in the company's future.
• Acquisition of shares through dividend reinvestment indicates confidence in the company's long-term prospects.

Future Outlook

The deferred shares will be settled either in a lump sum or in ten annual installments starting the year after the director ceases to be a board member, according to the director's deferral election.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transactions have a minor positive impact on shareholders by demonstrating the director's continued investment in the company.

Key Dates