Ayers Andrea J. 4
4 · STANLEY BLACK & DECKER, INC. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Stanley Black & Decker (SWK) Director Andrea Ayers Receives Awards
What Happened Andrea J. Ayers, a non-employee director of Stanley Black & Decker, received a series of restricted stock unit (RSU) and deferred-share awards on 2026-03-24. The filing reports four acquisitions totaling 896.848 shares at $70.77 per share, with aggregate value of approximately $63,469:
- 33 shares — $2,335
- 247.857 shares — $17,541
- 441.602 shares (derivative) — $31,252
- 174.389 shares (derivative) — $12,341
These awards represent director compensation (RSUs and deferred shares). Some items are derivative because they reflect RSU settlement rights or dividend-equivalent RSUs rather than open-market purchases.
Key Details
- Transaction date and price: 2026-03-24 at $70.77 per share for all items.
- Total received: 896.848 shares, total value ≈ $63,469.
- Settlement/deferral: The RSUs were 100% vested on grant but Ayers elected to defer settlement under the Stanley Black & Decker 2020 RSU Deferral Plan for Non-Employee Directors; deferred shares from director fee deferrals are under the Deferred Compensation Plan.
- Dividend equivalents: Additional RSUs were credited as dividend equivalents and will be settled per the deferral elections.
- Shares owned after transaction: Not specified in this Form 4.
- Filing timeliness: Transaction reported on Form 4 filed 2026-03-26 for a 2026-03-24 transaction — appears timely (not marked late).
Context These transactions are routine non-employee director compensation (awarded RSUs and deferred shares) rather than open-market buys or sales. The awarded RSUs were already vested but Ayers elected to defer settlement, meaning the shares will be delivered later according to the deferral plan (e.g., upon leaving the board or in scheduled installments). Derivative entries reflect settlement rights/dividend equivalents, not option exercises or sales.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-24$70.77/sh+33$2,335→ 36,665.061 total - Award
Common Stock
[F2]2026-03-24$70.77/sh+247.857$17,541→ 36,912.919 total - Award
Deferred Shares
[F3]2026-03-24$70.77/sh+441.602$31,252→ 15,309.807 total→ Common Stock (441.602 underlying) - Award
Deferred Shares
[F4]2026-03-24$70.77/sh+174.389$12,341→ 15,484.196 total→ Common Stock (174.389 underlying)
Footnotes (4)
- [F1]Represents the number of shares of common stock to be delivered upon settlement of restricted stock units, which were 100% vested upon grant. The reporting person has elected to defer settlement of such restricted stock units under the terms of the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors (the "RSU Deferral Plan"). The restricted stock units will be settled in one lump sum on the 90th day following the date on which the reporting person ceases to be a member of the Board of Directors or in three, five or ten annual installments beginning on such settlement date, subject to the reporting person's election.
- [F2]Under the RSU Deferral Plan, each director's account is credited with dividend equivalents on the deferred restricted stock units when the Company pays cash dividends on its common stock (including special dividends, if any), and such dividend equivalents are denominated in additional restricted stock units based on the average of the high and low price per share on the New York Stock Exchange on the payment date applicable to such dividend. The number of shares reflects the credit of such dividend equivalents to the reporting person's account under the RSU Deferral Plan, which will be settled in accordance with the deferral election made by the reporting person applicable to the underlying deferred restricted stock units.
- [F3]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 one lump sum payment of common stock on the first business day of the calendar year immediately following the date on which the reporting person ceases to be a member of the Board of Directors.
- [F4]Represents additional deferred shares acquired through the reinvestment of dividends paid on deferred shares credited to the reporting person's account under the Deferred Compensation Plan. Each deferred share entitles the holder thereof to receive one share of common stock upon settlement. Such deferred shares will be settled in accordance with the deferral election made by the reporting person applicable to the underlying deferred shares.