Form 4: Stanley Black & Decker Executive Exercises Stock Options, Disposes of Shares for Tax Obligations
SEC Form 4 Filing
Patrick D. Hallinan, EVP and CFO of Stanley Black & Decker, exercised restricted stock units and disposed of shares to cover tax obligations on April 12, 2025.
Summary
- On April 12, 2025, Patrick D. Hallinan, the EVP and Chief Financial Officer of Stanley Black & Decker, exercised restricted stock units (RSUs) that converted into common stock.
- Hallinan exercised 3,852 RSUs and 11,186 RSUs.
- Following the transactions, Hallinan directly owns 18,863 shares of common stock.
- 6,663 shares were disposed of at a price of $57.885 to satisfy tax withholding obligations upon the vesting of the RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Key Dates
| Date | Description |
|---|---|
| 04/12/2023 | Date of original RSU grants: 11,556 RSUs and 33,559 RSUs, vesting in three annual installments. |
| 04/12/2025 | Date of transaction: Exercise of RSUs and disposal of shares for tax obligations. |
| 04/14/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Insider Trading, Stock Options, Restricted Stock Units, SWK, Stanley Black & Decker, Hallinan, Executive Compensation
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