June 18, 2024 · Form 4 insider transaction
Hankin Michael David bought 78.451 shares of Stanley Black & Decker, Inc. at $84.39 per share, a transaction worth $6.6K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
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.