Form 4: Stanley Black & Decker Director Susan K. Carter Reports Acquisition of Common Stock and Deferred Shares

Director Susan K. Carter reports acquiring common stock and deferred shares through dividend equivalents and deferral plans.

Summary

• On September 17, 2024, Susan K. Carter, a director of Stanley Black & Decker, acquired 17.1629 shares of common stock at a price of $103.225 per share.
• Carter also acquired 338.932 deferred shares through the Stanley Black & Decker Deferred Compensation Plan for Non-Employee Directors.
• Additionally, 7.6819 deferred shares were acquired through the reinvestment of dividends paid on existing deferred shares.
• Following these transactions, Carter beneficially owns 2,219.702 shares of common stock directly and 1,315.6144 deferred shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports routine transactions related to director compensation and dividend reinvestment. It doesn't indicate any significant positive or negative developments for the company.

Positives

• The director's continued investment in the company may signal confidence in its future performance.

Future Outlook

The deferred shares will be settled in common stock upon the director's departure from the Board, according to the terms of the deferral plans.

Industry Context

This filing is a routine disclosure of insider transactions, which are common among publicly traded companies. It provides transparency into the investment activities of company directors.

Comparison to Industry Standards

• Director compensation and stock ownership are common practices in publicly traded companies like Stanley Black & Decker.
• Companies such as Techtronic Industries and Hilti also utilize stock-based compensation and deferred compensation plans for their directors.
• The specifics of these plans vary, but the general purpose is to align the interests of directors with those of shareholders.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to director compensation and do not significantly alter the company's financial position.

Key Dates