Form 4: Stanley Black & Decker Director Boosts Holdings

Stanley Black & Decker Director Michael David Hankin acquired additional common stock and deferred shares through compensation and dividend reinvestment plans.

Summary

• Director Michael David Hankin acquired 125.7004 shares of common stock on September 16, 2025, at a price of $78.39 per share, as dividend equivalents under the 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors.
• Hankin also acquired 446.514 deferred shares on September 16, 2025, at a price of $78.39 per share, representing a deferral of quarterly director fees under the Deferred Compensation Plan for Non-Employee Directors.
• An additional 127.2868 deferred shares were acquired on September 16, 2025, at a price of $78.39 per share, through the reinvestment of dividends paid on existing deferred shares under the Deferred Compensation Plan.
• Following these transactions, Hankin directly beneficially owns 14,153.821 shares of common stock and 12,594.812 deferred shares.
• The transactions were made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan for the purchase or sale of equity securities.

Sentiment

Score: 6

Explanation: Slightly positive, as a director increasing their stake, even through compensation, generally aligns their interests with shareholders and indicates confidence in the company's long-term prospects.

Positives

• A director increasing their beneficial ownership, even through compensation plans, generally indicates alignment of interests with shareholders.
• The acquisition of shares through dividend reinvestment plans demonstrates a commitment to long-term holding and compounding returns.

Future Outlook

Deferred shares acquired under the Deferred Compensation Plan will be settled in one lump sum payment of common stock on the first business day of the calendar year immediately following the date the reporting person ceases to be a member of the Board of Directors.

Industry Context

This is a routine insider transaction related to director compensation and dividend reinvestment, common across publicly traded companies, and does not reflect broader industry trends or competitive shifts.

Related Party Transactions

• Acquisition of common stock and deferred shares by a director as part of compensation and dividend reinvestment plans, representing transactions between a related party (director) and the issuer.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholder value through increased equity ownership.
• Management: Reinforces the existing compensation structure for non-employee directors.

Next Steps

• Settlement of deferred shares upon the reporting person ceasing to be a member of the Board of Directors.

Key Dates

Keywords

Stanley Black & Decker, SWK, Insider Transaction, Form 4, Director Holdings, Deferred Compensation, Dividend Reinvestment, Restricted Stock Units, Corporate Governance