Mitchell Adrian V 4
Research Summary
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Stanley Black & Decker (SWK) Director Adrian V. Mitchell Receives Stock Awards
What Happened Adrian V. Mitchell, a member of the Stanley Black & Decker (SWK) board, received awards/credits totaling 624.518 shares on March 24, 2026. The filing shows three acquisitions under code "A":
- 111.742 shares at $70.77 each (value $7,908) — direct award/acquisition.
- 441.602 shares at $70.77 each (value $31,252) — derivative (deferred shares / dividend equivalents).
- 71.174 shares at $70.77 each (value $5,037) — derivative (dividend reinvestment). Total value of the credits reported is about $44,197. These are grant/deferred compensation credits, not open-market purchases or sales.
Key Details
- Transaction date: 2026-03-24; Form 4 filed 2026-03-26 (appears timely).
- Prices used: $70.77 per share for all items.
- Shares credited total: 624.518 shares; the Form 4 does not state Mitchell's total post-transaction holdings.
- Footnotes:
- F1 = Dividend equivalents credited as additional RSUs under the RSU Deferral Plan (settled per the director's deferral election).
- F2 = Deferred shares from deferral of quarterly cash fees under the Deferred Compensation Plan (settled in stock upon leaving the board).
- F3 = Additional deferred shares from reinvested dividends under the Deferred Compensation Plan.
- Transaction type: Award/acquisition (code A); two items are listed as derivative credits (not option exercises or sales).
Context
- These credits reflect compensation and dividend reinvestment/deferral programs for non-employee directors, not open-market buys or insider selling. Deferred shares are typically settled in common stock in a lump sum after the director leaves the board, so they do not indicate an immediate market transaction.
- For retail investors, such awards are routine director compensation and should be interpreted as compensation-related credits rather than a direct signal of insider buying or selling.