Form 4: Stanley Black & Decker Director Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Debra Ann Crew reports acquisition of 2,140 shares of Stanley Black & Decker common stock through restricted stock units.
Summary
- On May 3, 2024, Debra Ann Crew, a director of Stanley Black & Decker, Inc., acquired 2,140 shares of common stock.
- The acquisition was through the grant of restricted stock units (RSUs) at a price of $0.
- Following the transaction, Crew beneficially owns 8,173.9433 shares of Stanley Black & Decker common stock.
- The RSUs are 100% vested upon grant but settlement is deferred under the company's 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors.
- Settlement will occur on the 90th day following the director's departure from the Board, either in a lump sum or in installments.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director, which is neither particularly positive nor negative.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future.
Future Outlook
The restricted stock units will be settled on the 90th day following the date the director ceases to be a member of the Board, either in one lump sum or in three, five or ten annual installments.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings of company stock.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of transaction: Acquisition of common stock via restricted stock units. |
| 05/06/2024 | Date of signature on the Form 4 filing. |
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