Form 4: Stanley Black & Decker Director Reports Acquisition of Common Stock

Director John L Garrison Jr. reports acquiring 3,238 shares of Stanley Black & Decker common stock through deferred restricted stock units.

Summary

• On April 25, 2025, John L Garrison Jr., a director of Stanley Black & Decker, acquired 3,238 shares of common stock.
• The acquisition was through the settlement of restricted stock units (RSUs).
• The reporting person has elected to defer settlement of such restricted stock units under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors.
• The price per share was $0.
• Following the transaction, Garrison directly owns 3,238 shares of Stanley Black & Decker common stock.
• The RSUs are 100% vested upon grant and 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.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a director's stock acquisition through vested RSUs, which is neither particularly positive nor negative.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

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 is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It reflects standard compensation practices for board members.

Comparison to Industry Standards

• Director compensation packages often include restricted stock units (RSUs) that vest over time.
• Deferral plans for non-employee directors are also common, allowing them to defer settlement of RSUs until a later date, often after they leave the board.
• Companies like Home Depot (HD) and Lowe's (LOW) also utilize similar compensation strategies for their board members.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a director.

Key Dates

Keywords

Stanley Black & Decker, Director, Garrison, Stock Acquisition, Form 4, Restricted Stock Units, SWK, Deferral Plan