Hankin Michael David 4
4 · STANLEY BLACK & DECKER, INC. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Stanley Black & Decker Director Michael D. Hankin Receives Awards
What Happened
- Michael David Hankin, a director of Stanley Black & Decker (SWK), was credited with three awards/acquisitions on 2026-03-24 totaling 738.89 shares at $70.77 per share (approx. $52,291). The entries break down as:
- 142.301 shares @ $70.77 = $10,071 (credit of dividend equivalents on deferred RSUs)
- 441.602 shares @ $70.77 = $31,252 (deferred shares under the Deferred Compensation Plan) — derivative
- 154.987 shares @ $70.77 = $10,968 (additional deferred shares via dividend reinvestment) — derivative
- These were awarded/credited as part of director compensation and deferral arrangements, not open-market purchases.
Key Details
- Transaction date and price: March 24, 2026; all entries at $70.77 per share.
- Share totals & value: 738.89 shares, total value ≈ $52,291.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 = dividend equivalents on RSU deferral plan; F2 = deferred shares from deferral of cash director fees (Deferred Compensation Plan); F3 = additional deferred shares from dividend reinvestment. Deferred shares are derivative securities that will be settled in stock per the reporting person’s deferral election (Deferred Compensation Plan generally pays a lump-sum in stock the first business day of the year after the director leaves the board).
- Transaction code: A (award/acquisition); two entries are labeled as derivative.
- Filing timeliness: Report filed 2026-03-26 for 2026-03-24 transactions — appears timely (within SEC Form 4 reporting window).
Context
- These entries represent compensation-related credits (RSU dividend equivalents and deferred director fees), not active purchases or sales in the open market. Such awards reflect company director pay/deferral mechanics and are routine; they do not, by themselves, indicate the director’s market view.
Insider Transaction Report
Form 4
Hankin Michael David
Director
Transactions
- Award
Common Stock
[F1]2026-03-24$70.77/sh+142.301$10,071→ 14,431.781 total - Award
Deferred Shares
[F2]2026-03-24$70.77/sh+441.602$31,252→ 13,655.716 total→ Common Stock (441.602 underlying) - Award
Deferred Shares
[F3]2026-03-24$70.77/sh+154.987$10,968→ 13,810.703 total→ Common Stock (154.987 underlying)
Footnotes (3)
- [F1]Under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors (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.
- [F2]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.
- [F3]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.
Signature
/s/ Donald J. Riccitelli, Attorney-in-Fact|2026-03-26