Form 4: Stanley Black & Decker EVP, CFO Hallinan, Reports Stock Transactions
SEC Form 4 Filing
Patrick D. Hallinan, EVP and CFO of Stanley Black & Decker, reports the acquisition and disposal of common stock and restricted stock units on March 1, 2025.
Summary
- On March 1, 2025, Patrick D. Hallinan, the EVP and Chief Financial Officer of Stanley Black & Decker, engaged in transactions involving the company's stock.
- Hallinan acquired 3,568 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- Simultaneously, Hallinan disposed of 1,140 shares to satisfy tax withholding obligations at a price of $86.265 per share.
- Following these transactions, Hallinan directly owns 10,488 shares of Stanley Black & Decker common stock and 7,135 Restricted Stock Units.
- The RSUs represent a contingent right to receive one share of the Issuer's common stock.
- On March 1, 2024, Hallinan was granted 10,703 RSUs, vesting in three approximately equal annual installments beginning on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions by an executive, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common for executives at publicly traded companies. These filings are monitored by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Reporting person was granted 10,703 RSUs, vesting in three approximately equal annual installments beginning on the first anniversary of the grant date. |
| 03/01/2025 | Date of transaction: Acquisition of 3,568 shares through RSU vesting and disposal of 1,140 shares for tax obligations. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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