Palmieri Jane 4

What Happened

• Jane Palmieri, a member of the Board of Directors of Stanley Black & Decker (SWK), was credited with two grant/award transactions on June 23, 2026: 129.091 restricted stock units (RSUs) at $84.57 each (value $10,917) and 20.871 additional deferred/derivative shares at $84.57 each (value $1,765). The combined award equals 149.962 shares worth approximately $12,682. These are awards/acquisitions (transaction code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-06-23; filing date (Form 4): 2026-06-25 (filed within required reporting window).
• Prices reported: $84.57 per share for both items; total value ≈ $12,682.
• Shares owned after the transaction: not specified in the filing provided.
• Footnotes:
  • The 129.091 RSUs include dividend equivalents credited under the 2020 RSU Deferral Plan for non-employee directors (these dividend equivalents are paid as additional RSUs and will be settled per the director’s deferral election).
  • The 20.871 shares represent additional deferred shares from dividend reinvestment under the Deferred Compensation Plan; those deferred shares are settled in common stock in one lump sum on the March 1 following the director’s departure from the Board.
• Transaction type: Award/acquisition (A). The smaller line-item is a derivative/dividend-reinvestment credit, not an option exercise or sale.

Context

• Director RSU awards and dividend-equivalent reinvestments are a common part of non-employee director compensation and do not represent open-market buying or selling pressure. These grants increase the director’s deferred equity holdings and will be converted to shares per the applicable deferral/settlement rules when paid out.