OKelly Shane M 4

What Happened

• Shane O'Kelly, a non-employee director of Stanley Black & Decker (SWK), was awarded 2,603 restricted stock units (RSUs) on May 4, 2026. The grant is recorded at $0.00 per share (no cash paid); these RSUs represent the right to receive 2,603 shares upon settlement.
• This was an equity award (A = Award/Grant), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-05-04; 2,603 RSUs @ $0.00.
• Shares owned after transaction: not specified in the provided Form 4.
• Footnote: The RSUs are 100% vested upon grant. The reporting person elected to defer settlement under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors. Settlement occurs on the 90th day after the director ceases board service, either as a lump sum or in 3, 5, or 10 annual installments.
• Filing timeliness: Report filed May 6, 2026 for a May 4, 2026 grant (appears timely under Form 4 rules).

Context

• RSUs are deferred equity awards that convert into shares at settlement; because these were elected to be deferred and are already vested, the director does not receive immediate shares or cash. Such awards are a common form of compensation for non-employee directors and do not, by themselves, indicate a buy or sell signal.