STANLEY BLACK & DECKER, INC. 8-K

What Happened
Stanley Black & Decker, Inc. filed an 8‑K reporting that at its April 24, 2026 Annual Meeting shareholders approved the Stanley Black & Decker Amended and Restated 2024 Omnibus Award Plan (the “Amended and Restated 2024 Plan”), which the Board had approved on February 24, 2026. Key changes to the plan include authorization of an additional 7,750,000 shares for issuance, an adjusted fungible ratio of 2.71 for awards granted after the amendment becomes effective, the addition of a one‑year minimum vesting requirement (with certain exceptions), and an extension of the plan term. The full text of the amended plan is filed as Exhibit 10.1 to the 8‑K.

Key Details

• Shareholder approval date: April 24, 2026; Board approval date: February 24, 2026.
• Additional shares authorized: 7,750,000 shares for issuance under the plan.
• Fungible ratio adjusted to 2.71 for awards granted after effectiveness.
• New one‑year minimum vesting requirement added, subject to specified exceptions; term of the plan extended.

Why It Matters
The amendment gives the company more shares available for equity compensation, enabling grants to employees, officers, and directors under the omnibus award plan. That can affect future dilution and the timing of equity‑based compensation expense reported in SEC filings. The one‑year minimum vesting aligns with common governance practices intended to retain employees and align incentives, while the changed fungible ratio alters how quickly the share reserve is consumed by different award types. Investors should monitor future proxy statements and quarterly filings for details on actual grants, dilution impact, and expense.