Form 4: Stanley Black & Decker Executive Reports Stock Transactions and Corrects Previous Filing Error
SEC Form 4 Filing
Chief Accounting Officer Scot Greulach reports stock transactions involving restricted stock units and corrects an error in a previous Form 4 filing.
Summary
- On March 1, 2025, Scot Greulach, Chief Accounting Officer of Stanley Black & Decker, engaged in transactions involving the company's common stock.
- Greulach acquired 818 shares of common stock through the vesting of restricted stock units (RSUs).
- 254 shares were withheld to cover tax obligations related to the RSU vesting at a price of $86.265 per share.
- The filing also corrects a clerical error in a previous Form 4 filed on February 25, 2025, which understated the number of RSUs beneficially owned by 174 shares.
- Following these transactions, Greulach directly owns 4,463.292 shares of common stock and 1,635 restricted stock units that vest in three approximately equal annual installments beginning on February 21, 2026.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock transactions with a minor correction of a previous error. No significant positive or negative implications.
Negatives
- A clerical error in a previous filing understated the number of RSUs owned.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. These filings are monitored by investors for insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Reporting person was granted 2,453 RSUs, vesting in three approximately equal annual installments beginning on the first anniversary of the grant. |
| 02/25/2025 | Date of the Form 4 filing containing a clerical error regarding the number of RSUs reported. |
| 03/01/2025 | Date of the reported transactions: RSU vesting and tax withholding. |
| 03/04/2025 | Date of the current Form 4 filing. |
| 02/21/2026 | RSUs vest in three approximately equal annual installments beginning on this date. |
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