Form 4: Stanley Black & Decker Director Andrea J. Ayers Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Andrea J. Ayers reports acquisition of common stock and deferred shares through dividend reinvestment in Stanley Black & Decker's compensation plans.
Summary
- Andrea J. Ayers, a director at Stanley Black & Decker, reported changes in beneficial ownership on March 19, 2024.
- Ayers acquired 90.7422 shares of common stock at $89.485 per share through dividend equivalents under the 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors.
- Additionally, Ayers acquired 96.9068 deferred shares through reinvestment of dividends paid on deferred shares under the Deferred Compensation Plan for Non-Employee Directors.
- Following these transactions, Ayers beneficially owns 26,177.5161 shares of common stock and 11,154.2199 deferred shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects routine transactions related to director compensation and dividend reinvestment. There are no explicit positive or negative implications for the company's performance.
Positives
- The acquisition of shares through dividend reinvestment indicates a continued investment and alignment with the company's performance.
Future Outlook
The deferred shares will be settled in a 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
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to director compensation and dividend reinvestment.
Key Dates
| Date | Description |
|---|---|
| 03/19/2024 | Date of transaction for common stock and deferred shares acquisition |
| 03/21/2024 | Date of signature by Attorney-in-Fact |
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