Hallinan Patrick D 4
4 · STANLEY BLACK & DECKER, INC. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Stanley Black & Decker (SWK) CFO Hallinan Receives 66,837 RSUs
What Happened
Patrick D. Hallinan, EVP, CFO & Chief Administrative Officer of Stanley Black & Decker (SWK), received equity awards and completed related derivative transactions. On 2026-02-27 he was granted 13,824 RSUs and 53,013 RSUs (total 66,837 RSUs; reported at $0 in the filing as these are contingent awards). On 2026-03-01 the filing shows conversion/exercise activity for 3,567 derivative units and two share-withholdings to satisfy tax obligations: 1,046 shares withheld at $85.90 for $89,851 and 1,535 shares withheld at $88.94 for $136,531 (total withheld = 2,581 shares, $226,382). The withholdings are tax-related disposals, not open-market sales.
Key Details
- Transaction dates: Grants on 2026-02-27; conversion/exercise and tax-withholding on 2026-03-01. Form 4 filed 2026-03-03.
- Grants: 13,824 RSUs + 53,013 RSUs = 66,837 RSUs (reported as derivative awards, $0 value in filing).
- Tax withholding (disposals): 1,046 shares @ $85.90 = $89,851; 1,535 shares @ $88.94 = $136,531. Total withheld = 2,581 shares ($226,382).
- Conversion/exercise: 3,567 derivative units shown as exercised/converted on 2026-03-01 (reported in the filing as M-code).
- Shares owned after the transactions: not specified in this Form 4.
- Notable footnotes: RSUs represent a contingent right to one share (F1); withheld shares were used to satisfy tax obligations on RSU vesting and performance awards (F2, F3); these RSUs vest in three approximately equal annual installments beginning Feb 27, 2027 (F4). An earlier RSU grant from March 1, 2024, is also referenced (F6).
Context
- These entries reflect receipt of equity awards (RSUs) and routine tax-withholding related to derivative conversion/vesting rather than open-market selling. Withholding to cover taxes is common and does not necessarily indicate a decision to liquidate holdings for other reasons.
- The filing reports derivative activity (exercise/conversion) and tax-withholdings; investors should treat the action as compensation-related award activity rather than a directional bet by the insider.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-01+3,567→ 29,639 total - Tax Payment
Common Stock
[F2]2026-03-01$85.90/sh−1,046$89,851→ 28,593 total - Tax Payment
Common Stock
[F3]2026-03-01$88.94/sh−1,535$136,531→ 27,058 total - Award
Restricted Stock Units
[F1][F4]2026-02-27+13,824→ 13,824 total→ Common Stock (13,824 underlying) - Award
Stock Option (Right to Buy)
[F5]2026-02-27+53,013→ 53,013 totalExercise: $85.90Exp: 2036-02-27→ Common Stock (53,013 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-03-01−3,567→ 3,568 total→ Common Stock (3,567 underlying)
Footnotes (6)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Shares withheld to satisfy the reporting person's tax withholding obligations upon vesting of RSUs.
- [F3]Shares withheld to satisfy the reporting person's tax withholding obligations on shares received under the 2023-2025 long-term incentive performance award program.
- [F4]RSUs will vest in three approximately equal annual installments beginning on February 27, 2027.
- [F5]Options will become exercisable in three approximately equal annual installments beginning on February 27, 2027.
- [F6]On March 1, 2024, the reporting person was granted 10,703 RSUs, vesting in three approximately equal annual installments beginning on the first anniversary of the grant date.