OKelly Shane M 4
4 · STANLEY BLACK & DECKER, INC. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Stanley Black & Decker (SWK) Director Shane O'Kelly Receives 349 Deferred Shares
What Happened
Shane O'Kelly, a director of Stanley Black & Decker (SWK), was credited with 349.4 deferred shares on 2026-03-24 at an implied price of $70.77 per share, a total value of approximately $24,727. The transaction is coded as an award/acquisition (derivative) and reflects deferred director compensation rather than an open-market purchase.
Key Details
- Transaction date: 2026-03-24; filing date: 2026-03-26 (filed within the typical two-business-day reporting window).
- Shares acquired: 349.4 deferred shares at $70.77 per share; total value ≈ $24,727.
- Transaction code: A (award/acquisition); classified as a derivative holding.
- Shares owned after transaction: not disclosed in the Form 4 filing.
- Footnote summary: These are deferred shares under the Stanley Black & Decker Deferred Compensation Plan for Non-Employee Directors — they represent deferral of quarterly cash director fees. Each deferred share converts to one common share upon settlement; settlements occur in three roughly equal annual installments beginning the January 15 after the director leaves the board. Dividend reinvestment can increase deferred shares.
Context
This was a routine deferred-compensation credit for a non-employee director, not a market buy or sale. Such awards are standard compensation and do not necessarily indicate a personal trading decision or a change in sentiment. Deferred shares are settled into actual common stock on a multi-year schedule after board service ends.
Insider Transaction Report
- Award
Deferred Shares
[F1]2026-03-24$70.77/sh+349.4$24,727→ 349.4 total→ Common Stock (349.4 underlying)
Footnotes (1)
- [F1]Represents deferred shares acquired pursuant to the Stanley Black & Decker Deferred Compensation Plan for Non-Employee Directors (the "Deferred Compensation Plan") as a result of the deferral of quarterly director fees paid in cash to the reporting person. Each deferred share entitles the holder thereof to receive one share of common stock upon settlement. The deferred shares credited to the reporting person's account under the Deferred Compensation Plan, including any additional deferred shares acquired through dividend reinvestment, will be settled in three approximately equal annual installments of common stock beginning on the January 15 immediately following the date on which the reporting person ceases to be a member of the Board of Directors.