Hankin Michael David 4
4 · STANLEY BLACK & DECKER, INC. · Filed Jun 25, 2026
Research Summary
AI-generated summary of this filing
Stanley Black & Decker Director Michael D. Hankin Receives Award
What Happened
- Michael D. Hankin, a director of Stanley Black & Decker (SWK), was credited with three equity acquisitions on June 23, 2026 totaling 651.075 shares at an average price of $84.57 per share, with an aggregate reported value of $55,062.
- 146.016 shares acquired at $84.57 — $12,349
- 369.516 shares (reported as derivative) at $84.57 — $31,250
- 135.543 shares (reported as derivative) at $84.57 — $11,463
- These were awards and deferred-share credits (not open‑market purchases or sales).
Key Details
- Transaction date: June 23, 2026; Form 4 filed June 25, 2026 (reporting period 6/23/2026).
- Price per share reported: $84.57; total value reported: $55,062.
- The filing lists two of the items as derivative acquisitions (the 369.516 and 135.543 share lots).
- Shares owned after the transaction: not disclosed in this filing.
- Footnotes explain these credits arose from director compensation and dividend-equivalent credits:
- F1: Dividend equivalents credited to RSU Deferral Plan (settled per deferral election).
- F2: Deferred shares from deferral of quarterly director cash fees (settle in lump sum after leaving the board, unless other deferral election applies).
- F3: Additional deferred shares from reinvested dividends on deferred shares.
- No sale or purchase code (S/P) — this is a non‑cash award/acquisition (code A).
Context
- These entries reflect routine director compensation and dividend reinvestment/deferral activity rather than a discretionary open‑market buy or sale. Derivative-designated entries represent credited deferred/share-based items that will be settled according to the applicable deferral plan terms.
Insider Transaction Report
Form 4
Hankin Michael David
Director
Transactions
- Award
Common Stock
[F1]2026-06-23$84.57/sh+146.016$12,349→ 17,180.797 total - Award
Deferred Shares
[F2]2026-06-23$84.57/sh+369.516$31,250→ 14,180.22 total→ Common Stock (369.516 underlying) - Award
Deferred Shares
[F3]2026-06-23$84.57/sh+135.543$11,463→ 14,315.762 total→ Common Stock (135.543 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 the first business day of the calendar year 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.
Signature
/s/ Donald J. Riccitelli, Attorney-in-Fact|2026-06-25