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STANLEY BLACK & DECKER, INC.·4

Mar 3, 4:25 PM ET

Greulach Scot 4

Research Summary

AI-generated summary

Updated

SWK Chief Accounting Officer Scot Greulach Exercises RSUs, Withholds Shares

What Happened

  • Scot Greulach, Chief Accounting Officer of Stanley Black & Decker (SWK), received grants of restricted stock units (RSUs) on Feb 27, 2026 and had derivative shares exercised/converted on Mar 1, 2026.
  • Grants: 2,566 RSUs and 4,554 RSUs were reported as awarded on Feb 27, 2026 (reported at $0.00 per share — these are contingent RSU awards).
  • Exercise/conversion and withholding: On Mar 1, 2026, 817 derivative shares were reported as exercised/converted (code M). Of the shares associated with the vest/settlement, 226 shares were withheld to satisfy tax withholding obligations at $85.90 per share, totaling $19,413 (code F). No open-market purchase or sale for cash (P/S) was reported — the activity reflects grants, conversion/exercise, and routine tax withholding.

Key Details

  • Transaction dates: Grants on 2026-02-27; exercise/conversion and withholding on 2026-03-01. Form filed 2026-03-03 (appears timely).
  • Prices and values: 226 shares withheld at $85.90/share = $19,413 paid to cover taxes. Grants and some derivative entries are recorded at $0.00 (typical for RSU awards/derivative bookkeeping).
  • Shares owned after transaction: Not specified in the filing.
  • Relevant footnotes:
    • F1: Each RSU represents a contingent right to one common share.
    • F2: Shares were withheld to satisfy tax withholding upon vesting of RSUs.
    • F3–F5: RSUs and options generally vest/exercise in three approximately equal annual installments beginning Feb 27, 2027; prior RSU grant from Mar 1, 2024 noted.
  • Filing timeliness: Report filed Mar 3, 2026; transactions occurred Feb 27 and Mar 1, 2026 — filing appears timely (no late-filing flag).

Context

  • These entries reflect equity awards (RSUs) and the settlement mechanics (exercise/conversion and share withholding to cover taxes). RSU grants are awards that convert to shares upon vesting; withholding of shares to cover taxes is routine and does not necessarily indicate a view on the stock.
  • For retail investors: this is not an open-market purchase (a stronger bullish signal). The activity is typical compensation-related equity activity for an executive-level employee.