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

Director Michael David Hankin acquired 2,140 shares of Stanley Black & Decker common stock through a deferred compensation plan on May 3, 2024.

Summary

• On May 3, 2024, Michael David Hankin, a director of Stanley Black & Decker, acquired 2,140 shares of common stock.
• The acquisition was made under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors.
• The shares were acquired at a price of $0.
• Following the transaction, Hankin directly owns 10,330.9433 shares of Stanley Black & Decker common stock.
• The restricted stock units will be settled on the 90th day following the date the director ceases to be a member of the Board, either in one lump sum or in three, five or ten annual installments.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to a deferred compensation plan. The director's increased stake is mildly positive.

Positives

• The acquisition reflects the director's continued investment in the company.

Future Outlook

The restricted stock units will be settled on the 90th day following the date the director ceases to be a member of the Board, either in one lump sum or in three, five or ten annual installments.

Industry Context

Director share acquisitions are common and can be seen as a positive sign of confidence in the company's future.

Stakeholder Impact

• The transaction may have a slightly positive impact on shareholder sentiment.

Key Dates