Stanley Black & Decker Files 8-K: Director Changes, Officer Comp, Shareholder Vote
Ticker: SWK · Form: 8-K · Filed: May 1, 2024 · CIK: 93556
| Field | Detail |
|---|---|
| Company | Stanley Black & Decker, Inc. (SWK) |
| Form Type | 8-K |
| Filed Date | May 1, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $2.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-compensation, board-of-directors
Related Tickers: SWK
TL;DR
Stanley Black & Decker's 8-K shows director Schlein out, new director in, plus executive pay details and shareholder votes.
AI Summary
Stanley Black & Decker, Inc. announced on April 26, 2024, the departure of director Michael J. Schlein and the election of new director Michael J. Schlein. The company also reported on compensatory arrangements for certain officers and submitted matters to a vote of security holders. Financial statements and exhibits were also filed.
Why It Matters
This filing provides updates on corporate governance and executive compensation, which can influence investor confidence and the company's strategic direction.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance and reporting matters, not significant financial distress or operational changes.
Key Players & Entities
- Stanley Black & Decker, Inc. (company) — Registrant
- Michael J. Schlein (person) — Director
- April 26, 2024 (date) — Date of Earliest Event Reported
FAQ
Who has departed from the Board of Directors?
Michael J. Schlein has departed from the Board of Directors as of April 26, 2024.
Who has been elected to the Board of Directors?
Michael J. Schlein has been elected to the Board of Directors.
What other items are covered in this 8-K filing?
The filing also covers compensatory arrangements of certain officers and the submission of matters to a vote of security holders.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on April 26, 2024.
What is the primary business of Stanley Black & Decker, Inc. according to the filing?
Stanley Black & Decker, Inc. is in the CUTLERY, HANDTOOLS & GENERAL HARDWARE industry (SIC code 3420).
Filing Stats: 939 words · 4 min read · ~3 pages · Grade level 10.9 · Accepted 2024-05-01 07:31:01
Key Financial Figures
- $2.50 — ge on which registered Common Stock - $2.50 Par Value per Share SWK New York St
Filing Documents
- d664946d8k.htm (8-K) — 49KB
- d664946dex101.htm (EX-10.1) — 85KB
- g664946g0430233146656.jpg (GRAPHIC) — 4KB
- 0001193125-24-126340.txt ( ) — 287KB
- swk-20240426.xsd (EX-101.SCH) — 3KB
- swk-20240426_lab.xml (EX-101.LAB) — 17KB
- swk-20240426_pre.xml (EX-101.PRE) — 11KB
- d664946d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1 The Stanley Black & Decker 2024 Omnibus Award Plan 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. STANLEY BLACK & DECKER, INC. Date: May 1, 2024 By: /s/ Janet M. Link Name: Janet M. Link Title: Senior Vice President, General Counsel and Secretary