Allan Donald 4
Research Summary
AI-generated summary
Stanley Black & Decker (SWK) Exec Chair Allan Donald Exercises RSUs
What Happened
- Allan Donald, Executive Chair and director of Stanley Black & Decker, had 2,001 restricted stock units (RSUs convert/vest) converted into 2,001 shares on July 5, 2026. To satisfy tax withholding, 875 of those shares were withheld (priced at $91.55 each), resulting in withholding of about $80,104. After withholding, Donald received a net 1,126 shares. The filing shows a paired derivative settlement entry at $0, which reflects the mechanics of the RSU conversion rather than a market sale.
Key Details
- Transaction date: July 5, 2026 (reported on Form 4 filed July 7, 2026) — filing appears timely (within the 2-business-day window).
- Conversions/vests: 2,001 RSUs converted into 2,001 shares (transaction code M).
- Tax withholding: 875 shares withheld at $91.55/share = $80,104 (transaction code F).
- Net shares delivered to insider: 1,126 shares (2,001 converted − 875 withheld).
- Shares owned after transaction: Not stated in the filing.
- Footnotes: F1—each RSU = 1 share; F2—shares withheld to satisfy tax withholding; F3—the RSUs were part of an 8,353-RSU grant on July 5, 2022 with staggered vesting.
Context
- This was a vesting/conversion of RSUs with net-share settlement for taxes (routine executive compensation), not an open-market buy or sale that signals a directional trade. Transaction codes: M indicates exercise/conversion of a derivative (here RSUs), and F indicates shares withheld to pay taxes.