Form 4: Stanley Black & Decker Director Michael Hankin Increases Stake Through Share Acquisitions and Deferred Compensation

Stanley Black & Decker, Inc. Director Michael David Hankin has increased his beneficial ownership in the company through the acquisition of common stock and deferred shares via dividend reinvestments and fee deferrals.

Summary

• Michael David Hankin, a Director of Stanley Black & Decker, Inc. (SWK), acquired additional shares and deferred shares on June 17, 2025.
• He acquired 148.2308 shares of Common Stock at a price of $64.85 per share, representing dividend equivalents credited under the 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors.
• An additional 539.707 Deferred Shares were acquired at $64.85 per share, resulting from the deferral of quarterly director fees under the Stanley Black & Decker Deferred Compensation Plan for Non-Employee Directors.
• Furthermore, 143.3623 Deferred Shares were acquired at $64.85 per share through the reinvestment of dividends paid on existing deferred shares under the Deferred Compensation Plan.
• Following these transactions, Mr. Hankin's direct beneficial ownership stands at 14,028.1206 shares of Common Stock, 11,877.6489 Deferred Shares under the RSU Deferral Plan, and 12,021.0112 Deferred Shares under the Deferred Compensation Plan.
• Deferred shares acquired from director fee deferrals will be settled in a lump sum payment of common stock on the first business day of the calendar year immediately following the date Mr. Hankin ceases to be a Board member.

Sentiment

Score: 7

Explanation: The sentiment is positive as a director is increasing their stake in the company, albeit through pre-arranged plans and dividend reinvestments, which signals continued confidence and alignment of interests with shareholders.

Positives

• Increased beneficial ownership by a director, Michael David Hankin, which can signal confidence in the company's future prospects.
• Acquisition of shares through dividend reinvestment and deferral of director fees demonstrates a long-term commitment to the company by the director.

Future Outlook

The document does not provide a future outlook for the company's performance or strategy, focusing solely on insider transactions.

Industry Context

This Form 4 filing reflects an individual director's investment activity within Stanley Black & Decker, Inc. and does not provide broader industry context or trends. It is a routine disclosure of insider transactions.

Corporate Governance

Related Party Transactions

• The transactions involve a director acquiring shares from the company as part of compensation and deferral plans, which are standard related-party dealings for executive and director compensation.

Stakeholder Impact

• Shareholders: Increased director ownership may be viewed positively, indicating management's confidence in the company's future.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• Deferred shares acquired from director fee deferrals will be settled in a lump sum payment of common stock on the first business day of the calendar year immediately following the date Mr. Hankin ceases to be a member of the Board of Directors.

Key Dates

Recommendation

Keywords

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