Beck William Dudley 4

What Happened

• William D. Beck, SVP and President, Tools & Outdoors at Stanley Black & Decker (SWK), received equity awards and converted vested derivative units into common stock. On Feb 27, 2026 he was granted two RSU awards totaling 33,771 RSUs (26,786 and 6,985). On Mar 1, 2026, 11,006 RSUs converted to shares; 3,808 of those shares were withheld to satisfy tax withholding at $85.90 per share (3,169 shares = $272,217; 639 shares = $54,890), totaling $327,107. Net newly issued shares retained by Beck from the conversion: 7,198.

Key Details

• Transaction dates: Grants on 2026-02-27; conversions/withholding on 2026-03-01; Form 4 filed 2026-03-03.
• Grant amounts: 26,786 RSUs and 6,985 RSUs granted at $0.00 (derivative awards).
• Conversion and withholding: 11,006 RSUs converted; 3,808 shares withheld for taxes at $85.90 each (total withheld $327,107).
• Net shares retained from conversion: 7,198 (11,006 converted minus 3,808 withheld).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: RSUs convert to one share each (F1); withheld shares satisfied tax obligations on vesting (F2); these RSUs vest in three roughly equal annual installments beginning Feb 27, 2027 (F3). Other footnotes reference future option vesting and prior 2024 grants (F4–F6).
• Filing timeliness: Form filed Mar 3, 2026 (filing date shown on report).

Context

• This is primarily an award/vesting and tax-withholding event (not an open-market buy or sale). Converting RSUs and having shares withheld for taxes is a routine administrative action when equity awards vest; it does not necessarily signal a deliberate stock sale or purchase decision. The new RSU grants vest over future years (per footnotes), and related options noted in the filing become exercisable in installments beginning in 2027.