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

A Stanley Black & Decker director, Susan K. Carter, acquired additional shares through dividend reinvestment and deferred compensation plans.

Summary

• Director Susan K. Carter acquired 21.534 shares of Stanley Black & Decker common stock at a price of $82.925 per share.
• These shares were acquired through dividend equivalents under the 2020 Restricted Stock Unit Deferral Plan.
• Additionally, 437.142 deferred shares were acquired through the deferral of quarterly director fees under the Deferred Compensation Plan.
• A further 12.989 deferred shares were acquired through the reinvestment of dividends on existing deferred shares.
• All deferred shares will be settled in common stock at a future date.

Sentiment

Score: 7

Explanation: The document reflects standard director compensation and investment practices, indicating a neutral to slightly positive sentiment due to the director's increased stake in the company.

Positives

• The director's participation in dividend reinvestment and deferred compensation plans demonstrates confidence in the company's future.
• The acquisition of shares through dividend equivalents and deferred compensation plans aligns the director's interests with those of shareholders.

Future Outlook

The deferred shares will be settled in common stock at a future date, specifically when the director ceases to be a member of the Board of Directors for the shares acquired through the Deferred Compensation Plan.

Industry Context

This filing is a routine disclosure of a director's transactions in company stock, which is common practice for publicly traded companies. It reflects standard compensation and investment practices for board members.

Comparison to Industry Standards

• Director share acquisitions through dividend reinvestment and deferred compensation plans are common practices among publicly traded companies.
• Many companies offer similar plans to align the interests of directors with those of shareholders.
• The specific details of the plans, such as the timing of settlement, may vary from company to company.

Stakeholder Impact

• The transactions increase the director's stake in the company, aligning her interests with those of shareholders.
• The use of deferred compensation and dividend reinvestment plans is a common practice that does not have a significant impact on other stakeholders.

Key Dates

Keywords

Stanley Black & Decker, Director, Share Acquisition, Dividend Reinvestment, Deferred Compensation, Common Stock, SEC Form 4