Form 4: Stanley Black & Decker Director Increases Holdings Through Dividend Equivalents and Deferred Compensation

Director Michael David Hankin increased his holdings in Stanley Black & Decker through dividend equivalents and deferred compensation plan reinvestments.

Summary

• On March 18, 2025, Director Michael David Hankin acquired additional shares of Stanley Black & Decker common stock through dividend equivalents and participation in deferred compensation plans.
• He acquired 84.6888 shares at $81.335 per share through dividend equivalents under the 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors.
• Hankin also acquired 430.319 deferred shares through the Deferred Compensation Plan for Non-Employee Directors as a result of deferring quarterly director fees.
• An additional 108.8699 deferred shares were acquired through the reinvestment of dividends paid on existing deferred shares.
• Following these transactions, Hankin's direct holdings increased to 10,641.8898 common shares, and his deferred share holdings increased to 11,337.9419.
• These deferred shares will be settled in common stock upon his departure from the Board of Directors.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as the director's increased holdings suggest confidence in the company's performance. However, these are routine transactions related to compensation.

Positives

• The director's increased holdings demonstrate confidence in the company's future.
• Participation in dividend reinvestment and deferred compensation plans aligns the director's interests with those of long-term shareholders.

Future Outlook

The deferred shares 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

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's prospects. Increased holdings by a director are generally viewed positively.

Comparison to Industry Standards

• Director compensation packages often include deferred compensation plans and stock options to align management's interests with shareholders, similar to practices at companies like Illinois Tool Works (ITW) and Techtronic Industries (TTI).

Stakeholder Impact

• The increased holdings by a director could positively influence shareholder sentiment.

Key Dates

Keywords

Stanley Black & Decker, Director, Hankin, Dividend Equivalents, Deferred Compensation, Stock Ownership, Form 4, SWK