Form 4: Stanley Black & Decker Director Jane Palmieri Reports Acquisition of Common Stock and Deferred Shares
SEC Form 4 Filing
Director Jane Palmieri reports acquiring additional common stock and deferred shares through dividend reinvestments in Stanley Black & Decker's compensation plans.
Summary
- On September 17, 2024, Jane Palmieri, a director of Stanley Black & Decker, acquired 52.8307 shares of common stock at a price of $103.225 per share.
- These shares were acquired through dividend equivalents under the 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors.
- Palmieri also acquired 15.6911 deferred shares through reinvestment of dividends paid on deferred shares under the Deferred Compensation Plan for Non-Employee Directors.
- Following these transactions, Palmieri beneficially owns 6,703.3832 shares of common stock directly and 1,990.9622 deferred shares.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard SEC filing detailing routine transactions. No significant positive or negative implications are apparent.
Positives
- The director's continued investment in the company, through dividend reinvestments, could be seen as a positive signal.
Future Outlook
The deferred shares will be settled in a lump sum payment of common stock on March 1 following the date Palmieri 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 investment activities of company directors.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, primarily providing transparency to shareholders regarding director compensation and investment.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of transaction: Acquisition of common stock and deferred shares. |
| 09/19/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.