GARRISON JOHN L JR 4
Research Summary
AI-generated summary
Stanley Black & Decker Director John Garrison Receives RSU Award
What Happened John L. Garrison Jr., a director of Stanley Black & Decker, received a grant of 2,603 restricted stock units (RSUs) on 2026-05-04. The reported acquisition price is $0 (this is a compensation award, not a market purchase or sale). Per the filing, the RSUs are 100% vested upon grant and the director elected to defer settlement under the company’s 2020 RSU Deferral Plan.
Key Details
- Transaction date: 2026-05-04 (Form 4 filed 2026-05-06); transaction code: A (award/grant).
- Shares/units granted: 2,603 RSUs; reported acquisition price: $0; total cash outlay reported: $0.
- Shares owned after transaction: not specified in this filing.
- Footnote: RSUs are 100% vested on grant and will be settled only after the director ceases board service — settlement occurs on the 90th day after leaving, either in one lump sum or in 3, 5 or 10 annual installments under the Deferral Plan.
- Timeliness: Filing date (May 6) appears to be within the typical Form 4 reporting window for a May 4 transaction.
Context This is a compensation grant to a non-employee director (not an open‑market buy or sale). The $0 acquisition price and the deferral election mean the award is part of director pay and will not result in immediate shares delivered to the director; it does not necessarily signal a buy or sell decision.