CARTER SUSAN K 4
4 · STANLEY BLACK & DECKER, INC. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Stanley Black & Decker (SWK) Director Susan Carter Receives ~624-Share Award
What Happened
Director Susan K. Carter received awards/credited deferred shares on March 24, 2026. The filing shows three acquisitions (code A) at a per-share price of $70.77: 66.27 shares valued at $4,690; 512.259 shares (derivative) valued at $36,253; and 45.015 shares (derivative) valued at $3,186 — a total of 623.544 shares worth $44,129. These were not open‑market purchases or sales but credits from the company's director compensation and RSU deferral arrangements.
Key Details
- Transaction date: 2026-03-24; Form 4 filed 2026-03-26 (timely filing).
- Price used for valuation: $70.77 per share for all items.
- Individual line items:
- 66.27 shares @ $70.77 = $4,690 (acquired)
- 512.259 shares @ $70.77 = $36,253 (derivative; deferred/RSU-related)
- 45.015 shares @ $70.77 = $3,186 (derivative; dividend reinvestment)
- Shares owned after the transaction: not disclosed in this filing.
- Footnotes summary:
- F1: Dividend equivalents on deferred RSUs credited as additional RSUs under the RSU Deferral Plan.
- F2: Deferred shares from deferral of quarterly director fees; settled in stock as a lump sum when the director leaves the board.
- F3: Additional deferred shares from reinvested dividends on deferred shares.
- Transaction type code: A = award/grant/acquisition (not a purchase or sale).
Context
These entries reflect compensation and dividend-equivalent credits tied to the company’s director deferral/RSU plans rather than active buying or selling by the director. Such awards are routine compensation events and do not necessarily signal a buy or sell intent. Derivative/“deferred” entries mean shares are credited now but will be settled (converted to common stock) according to the director’s deferral elections and plan rules.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-24$70.77/sh+66.27$4,690→ 5,758.427 total - Award
Deferred Shares
[F2]2026-03-24$70.77/sh+512.259$36,253→ 4,352.177 total→ Common Stock (512.259 underlying) - Award
Deferred Shares
[F3]2026-03-24$70.77/sh+45.015$3,186→ 4,397.192 total→ Common Stock (45.015 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.