GARRISON JOHN L JR 4
4 · STANLEY BLACK & DECKER, INC. · Filed Jun 25, 2026
Research Summary
AI-generated summary of this filing
Stanley Black & Decker (SWK) Director John Garrison Receives Awards
What Happened
John L. Garrison Jr., a director of Stanley Black & Decker (SWK), was credited with awards and deferred shares on June 23, 2026. The Form 4 shows three acquisitions: 58.822 shares at $84.57 valued at $4,975 (award), 443.420 shares at $84.57 valued at $37,500 (deferred shares / derivative), and 25.804 shares at $84.57 valued at $2,182 (deferred dividend reinvestment / derivative). Total credited: 528.046 shares, total value about $44,657. These are awards and deferred-share credits — not open-market purchases or sales.
Key Details
- Transaction date: 2026-06-23; reported on Form 4 filed 2026-06-25 (appears timely).
- Prices shown: $84.57 per share for all entries.
- Total shares credited: 528.046; total reported value: ~$44,657.
- 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 director cash fees (settle in one lump sum of common stock after the director leaves the Board).
- F3: Additional deferred shares from dividend reinvestment on deferred shares (settle per deferral election).
- Shares owned after the transaction: not specified in the provided filing.
Context
These entries are awards and deferred-share credits (derivative/RSU-related), which are administrative compensation items rather than discretionary open-market buys or sells. Such grants reflect compensation mechanics (including dividend reinvestment and fee deferrals) and do not, by themselves, indicate the director actively buying or selling stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-23$84.57/sh+58.822$4,975→ 6,052.26 total - Award
Deferred Shares
[F2]2026-06-23$84.57/sh+443.42$37,500→ 3,072.634 total→ Common Stock (443.42 underlying) - Award
Deferred Shares
[F3]2026-06-23$84.57/sh+25.804$2,182→ 3,098.438 total→ Common Stock (25.804 underlying)
Footnotes (3)
- [F1]Under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors (the "RSU Deferral Plan"), each director's account is credited with dividend equivalents on the deferred restricted stock units when the Company pays cash dividends on its common stock (including special dividends, if any), and such dividend equivalents are denominated in additional restricted stock units based on the average of the high and low price per share on the New York Stock Exchange on the payment date applicable to such dividend. The number of shares reflects the credit of such dividend equivalents to the reporting person's account under the RSU Deferral Plan, which will be settled in accordance with the deferral election made by the reporting person applicable to the underlying deferred restricted stock units.
- [F2]Represents deferred shares acquired pursuant to the Stanley Black & Decker Deferred Compensation Plan for Non-Employee Directors (the "Deferred Compensation Plan") as a result of the deferral of quarterly director fees paid in cash to the reporting person. Each deferred share entitles the holder thereof to receive one share of common stock upon settlement. The deferred shares credited to the reporting person's account under the Deferred Compensation Plan, including any additional deferred shares acquired through dividend reinvestment, will be settled in one lump sum payment of common stock on December 15 immediately following the date on which the reporting person ceases to be a member of the Board of Directors.
- [F3]Represents additional deferred shares acquired through the reinvestment of dividends paid on deferred shares credited to the reporting person's account under the Deferred Compensation Plan. Each deferred share entitles the holder thereof to receive one share of common stock upon settlement. Such deferred shares will be settled in accordance with the deferral election made by the reporting person applicable to the underlying deferred shares.