Form 4: Stanley Black & Decker Director Acquires Deferred Shares Through Compensation Plan

Director Debra Ann Crew acquired deferred shares in Stanley Black & Decker through the company's Deferred Compensation Plan for Non-Employee Directors.

Summary

• On March 15, 2024, Debra Ann Crew, a director of Stanley Black & Decker, acquired 407.7386 deferred shares of common stock.
• The acquisition was made through the Stanley Black & Decker Deferred Compensation Plan for Non-Employee Directors.
• The price per share was $88.91.
• Following the transaction, Crew directly owns 12,893.6007 deferred shares.
• These deferred shares will be settled in either a lump sum or ten annual installments after Crew ceases to be a member of the Board of Directors.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The acquisition of shares by a director is generally viewed as a positive sign, but it's not a major event.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The deferred shares will be settled either in one lump sum payment or ten approximately equal annual installments starting 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 receive compensation in the form of stock or deferred shares to align their interests with those of shareholders. This transaction reflects a common practice in corporate governance.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates