Allan Donald 4

What Happened
Allan Donald, Executive Chair and Director of Stanley Black & Decker (SWK), had 8,175 restricted stock units (RSUs) convert into common shares on February 15, 2026. To satisfy tax withholding on the vesting, 2,356 shares were withheld and valued at $90.33 each for a tax-withholding amount of $212,829. The remaining vested shares were issued to him.

Key Details

• Transaction date: February 15, 2026 (reported on Form 4 filed Feb 17, 2026).
• Actions reported:
  • Exercise/conversion of derivative (RSUs) — 8,175 shares acquired (code M).
  • Shares withheld to satisfy tax withholding — 2,356 shares withheld at $90.33, proceeds $212,829 (code F).
  • A corresponding derivative disposition entry for 8,175 shares is reported (code M, $0.00), reflecting RSU settlement.
• Net shares issued to Donald from this vesting: 8,175 converted − 2,356 withheld = 5,819 shares (implicit from the entries).
• Shares owned after transaction: not stated in the provided excerpt of the filing.
• Footnotes:
  • F1: Each RSU represents a contingent right to one share.
  • F2: The 2,356 shares were withheld to satisfy tax withholding upon vesting.
  • F3: The RSUs came from a 2023 grant of 25,603 RSUs that vested in installments beginning Feb 15, 2024.
• Timeliness: Filing covers a Feb 15 transaction and was filed Feb 17, 2026 (within the typical two-business-day reporting window).

Context
This was an RSU vesting/settlement with share withholding for taxes — a routine corporate compensation event rather than an open-market sale or purchase. The withholding is effectively a cashless way to satisfy tax obligations and does not necessarily signal a change in the insider’s view of the company.