Form 4: Stanley Black & Decker Executive Allan Donald Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
President and CEO Allan Donald disposed of 880 shares of Stanley Black & Decker stock on July 5, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On July 5, 2024, Allan Donald, President & CEO of Stanley Black & Decker, disposed of 880 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations upon the vesting of restricted stock units.
- The price per share was $79.38.
- Following the transaction, Allan Donald directly owns 165,974.7989 shares of Stanley Black & Decker common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment. It's a neutral event.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/05/2024 | Date of stock disposal transaction |
| 07/08/2024 | Date of signature on the Form 4 filing |
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