Form 4: Stanley Black & Decker Executive Deborah Wintner Reports Stock Transactions

SVP and Chief HR Officer of Stanley Black & Decker, Deborah Wintner, reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• Deborah Wintner, a Senior Vice President and Chief HR Officer at Stanley Black & Decker, reported transactions involving the company's stock.
• On December 10, 2024, 588 restricted stock units (RSUs) vested, each representing one share of common stock.
• Following the vesting, 252 shares were withheld to cover tax obligations.
• After these transactions, Wintner directly owns 7,217.9126 shares of Stanley Black & Decker common stock.
• The vesting of the RSUs was part of a grant of 2,351 RSUs made on December 10, 2021, which vest in four equal annual installments.

Sentiment

Score: 7

Explanation: The document reflects routine executive compensation activity, which is generally neutral to positive. The vesting of RSUs is a standard practice and does not indicate any significant positive or negative sentiment.

Positives

• The vesting of RSUs indicates a continued alignment of executive compensation with company performance.
• The executive's continued direct ownership of a significant number of shares demonstrates a vested interest in the company's success.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies. It reflects standard practices for equity-based compensation.

Comparison to Industry Standards

• The vesting schedule of the RSUs, with annual installments over four years, is a common practice in executive compensation packages.
• The tax withholding of shares upon vesting is a standard procedure to cover tax liabilities.
• Many companies use similar equity-based compensation plans to align executive interests with shareholder value, such as those used by competitors like Techtronic Industries and Snap-on.

Stakeholder Impact

• The vesting of RSUs and subsequent tax withholding has a minor impact on the total number of outstanding shares.
• The executive's continued ownership of shares aligns her interests with those of shareholders.

Key Dates

Keywords

Stanley Black & Decker, SWK, Deborah Wintner, restricted stock units, RSU, executive compensation, stock vesting, insider trading, Form 4