Form 4: Stanley Black & Decker Director Tan Irving Reports Acquisition of Common Stock and Deferred Shares

Director Tan Irving reports acquiring common stock and deferred shares through dividend equivalents and reinvestments.

Summary

• On March 19, 2024, Director Tan Irving acquired 54.128 shares of common stock at a price of $89.485 per share.
• These shares were acquired through dividend equivalents under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors.
• Additionally, 38.6317 deferred shares were acquired through the reinvestment of dividends paid on deferred shares under the Stanley Black & Decker, Inc. Deferred Compensation Plan for Non-Employee Directors.
• Following these transactions, Tan Irving beneficially owns 6,033.9433 shares of common stock and 4,714.2272 deferred shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as the director is increasing their stake in the company through dividend reinvestments, indicating confidence. It's a routine transaction, so the impact is limited.

Positives

• The acquisition of shares through dividend equivalents and reinvestments indicates confidence in the company's performance and future prospects.

Future Outlook

The deferred shares will be settled in five approximately equal annual installments starting on the first business day of the calendar year immediately following the date on which the reporting person ceases to be a member of the Board of Directors.

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 confidence in the company's stock.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's increased investment in the company.

Key Dates