Form 4: Stanley Black & Decker Director Reports Changes in Beneficial Ownership

Director Adrian V. Mitchell reports acquisition and disposal of common stock and deferred stock units in Stanley Black & Decker, Inc.

Summary

• On May 3, 2024, Adrian V. Mitchell, a director of Stanley Black & Decker, Inc., reported changes in beneficial ownership of the company's stock.
• Mitchell acquired 2,140 shares of common stock at $0.
• Mitchell also disposed of 5,748.668 shares of common stock.
• The report also details the director's holdings of restricted stock units, which are 100% vested upon grant and will be settled following the director's departure from the board, either in a lump sum or installments.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions by a company insider.

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

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. This filing provides transparency to the market regarding the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of a company director.

Key Dates