Form 4: Stanley Black & Decker Director Boosts Holdings

Stanley Black & Decker Director Michael David Hankin increased his beneficial ownership of common stock and deferred shares through dividend reinvestments and fee deferrals.

Summary

• Michael David Hankin, a Director of Stanley Black & Decker, Inc. (SWK), acquired additional common stock and deferred shares.
• On March 24, 2026, Mr. Hankin acquired 142.3014 shares of common stock at a price of $70.77 per share, bringing his direct beneficial ownership to 14,431.7812 shares.
• This common stock acquisition represents dividend equivalents credited to his account under the 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors.
• Mr. Hankin also acquired 441.6024 deferred shares at $70.77 per share through the deferral of quarterly director fees under the Deferred Compensation Plan for Non-Employee Directors.
• An additional 154.9873 deferred shares were acquired at $70.77 per share through the reinvestment of dividends paid on existing deferred shares under the Deferred Compensation Plan.
• Following these transactions, Mr. Hankin beneficially owns 13,655.7159 deferred shares from fee deferrals and 13,810.7032 deferred shares from dividend reinvestments.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a slightly positive signal, as it indicates a director's continued accumulation of company equity, aligning their interests with long-term shareholder value, albeit through non-discretionary compensation plans.

Positives

• The director's increased beneficial ownership, even through non-discretionary plans, indicates continued alignment with shareholder interests.
• The existence of structured deferral and dividend reinvestment plans for non-employee directors suggests robust corporate governance practices for executive compensation.

Future Outlook

Deferred shares acquired under the Stanley Black & Decker Deferred Compensation Plan for Non-Employee Directors will be settled in one 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

StockSavvy.ai notes that routine insider transactions, particularly those related to pre-established compensation plans like dividend reinvestment or fee deferrals, are common across industries. They generally reflect standard corporate governance practices rather than discretionary market-timing decisions by insiders.

Corporate Governance

Related Party Transactions

• Acquisition of common stock and deferred shares by a director of the company through established compensation and deferral plans.

Stakeholder Impact

• Shareholders: Increased director ownership can be seen as a positive for alignment of interests.
• Employees: No direct impact mentioned.

Next Steps

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

Key Dates

Keywords

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