GARRISON JOHN L JR

John L. Garrison Jr.’s Form 4 filings over the past year paint a clear picture of a director whose activity is dominated by compensation mechanics rather than discretionary market timing. Across 36 filings spanning three companies, Garrison recorded zero open-market purchases and zero open-market sales, with total sell-side activity of approximately $7.75 million coming almost entirely from automatic dispositions—shares withheld to cover tax obligations (code F) or sales back to the issuer (code D). The only conviction-driven transactions, code P purchases, never appear in his record, meaning every dollar of his disclosed trading was either a grant, an option exercise, or a forced liquidation tied to equity compensation vesting. The bulk of Garrison’s recent filings cluster around Stanley Black & Decker (SWK) and Flowserve (FLS), with recurring quarterly awards in SWK throughout late 2025 and into mid-2026. These transactions are uniformly coded as “A” (grants or awards), ranging from small deferred stock units valued at roughly $965 to larger restricted stock grants near $37,500. His FLS activity follows the same pattern, with awards in November 2025 ($36,713), February 2026 ($73,303), and May 2026 ($174,938 and $73,235) reflecting scheduled compensation events rather than directional bets. The absence of any recent buy or sell codes—and the mechanical nature of the tax-withholding sales that generated his $7.75 million in total sell value—suggests Garrison’s insider activity is purely a function of his board service, not a signal about the underlying equities.