Hankin Michael David 4

What Happened

• Michael David Hankin, a director of Stanley Black & Decker (SWK), was credited with three awards/acquisitions on 2026-03-24 totaling 738.89 shares at $70.77 per share (approx. $52,291). The entries break down as:
  • 142.301 shares @ $70.77 = $10,071 (credit of dividend equivalents on deferred RSUs)
  • 441.602 shares @ $70.77 = $31,252 (deferred shares under the Deferred Compensation Plan) — derivative
  • 154.987 shares @ $70.77 = $10,968 (additional deferred shares via dividend reinvestment) — derivative
• These were awarded/credited as part of director compensation and deferral arrangements, not open-market purchases.

Key Details

• Transaction date and price: March 24, 2026; all entries at $70.77 per share.
• Share totals & value: 738.89 shares, total value ≈ $52,291.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 = dividend equivalents on RSU deferral plan; F2 = deferred shares from deferral of cash director fees (Deferred Compensation Plan); F3 = additional deferred shares from dividend reinvestment. Deferred shares are derivative securities that will be settled in stock per the reporting person’s deferral election (Deferred Compensation Plan generally pays a lump-sum in stock the first business day of the year after the director leaves the board).
• Transaction code: A (award/acquisition); two entries are labeled as derivative.
• Filing timeliness: Report filed 2026-03-26 for 2026-03-24 transactions — appears timely (within SEC Form 4 reporting window).

Context

• These entries represent compensation-related credits (RSU dividend equivalents and deferred director fees), not active purchases or sales in the open market. Such awards reflect company director pay/deferral mechanics and are routine; they do not, by themselves, indicate the director’s market view.