OKelly Shane M 4

What Happened
Shane O'Kelly, a director of Stanley Black & Decker (SWK), was credited with 349.4 deferred shares on 2026-03-24 at an implied price of $70.77 per share, a total value of approximately $24,727. The transaction is coded as an award/acquisition (derivative) and reflects deferred director compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-03-24; filing date: 2026-03-26 (filed within the typical two-business-day reporting window).
• Shares acquired: 349.4 deferred shares at $70.77 per share; total value ≈ $24,727.
• Transaction code: A (award/acquisition); classified as a derivative holding.
• Shares owned after transaction: not disclosed in the Form 4 filing.
• Footnote summary: These are deferred shares under the Stanley Black & Decker Deferred Compensation Plan for Non-Employee Directors — they represent deferral of quarterly cash director fees. Each deferred share converts to one common share upon settlement; settlements occur in three roughly equal annual installments beginning the January 15 after the director leaves the board. Dividend reinvestment can increase deferred shares.

Context
This was a routine deferred-compensation credit for a non-employee director, not a market buy or sale. Such awards are standard compensation and do not necessarily indicate a personal trading decision or a change in sentiment. Deferred shares are settled into actual common stock on a multi-year schedule after board service ends.