Stanley Black & Decker Files Definitive Proxy Statement

Ticker: SWK · Form: DEF 14A · Filed: 2024-03-08T00:00:00.000Z

Sentiment: neutral

Topics: Proxy Statement, Executive Compensation, Corporate Governance, Shareholder Voting, Stanley Black & Decker

TL;DR

<b>Stanley Black & Decker filed its Definitive Proxy Statement on March 8, 2024, detailing executive compensation and corporate governance for the period ending April 26, 2024.</b>

AI Summary

STANLEY BLACK & DECKER, INC. (SWK) filed a Proxy Statement (DEF 14A) with the SEC on March 8, 2024. Stanley Black & Decker, Inc. (SWK) filed a Definitive Proxy Statement (DEF 14A) on March 8, 2024. The filing covers the period ending April 26, 2024. The company's fiscal year ends on December 30. Stanley Black & Decker is classified under SIC code 3420 (Cutlery, Handtools & General Hardware). The filing includes details on executive compensation, including equity awards and pension benefits for 2023.

Why It Matters

For investors and stakeholders tracking STANLEY BLACK & DECKER, INC., this filing contains several important signals. This filing is crucial for shareholders to understand executive compensation structures and make informed voting decisions on proposals at the upcoming annual meeting. The DEF 14A provides transparency into the company's financial performance and strategic direction as reflected in executive pay and board recommendations.

Risk Assessment

Risk Level: low — STANLEY BLACK & DECKER, INC. shows low risk based on this filing. The filing is a routine DEF 14A, indicating standard corporate disclosure rather than an event-driven filing that might signal higher risk.

Analyst Insight

Shareholders should review the executive compensation details and any proposed resolutions to inform their voting strategy for the upcoming annual meeting.

Key Numbers

2024-03-08 — Filing Date (DEF 14A filing date)
2024-04-26 — Period of Report (Conformed period of report)
1230 — Fiscal Year End (Company's fiscal year end)
3420 — SIC Code (Standard Industrial Classification)

Key Players & Entities

STANLEY BLACK & DECKER, INC. (company) — Filer name
SWK (company) — Ticker symbol
DEF 14A (document) — Filing type
2024-03-08 (date) — Filing date
2024-04-26 (date) — Period of report
0000093556 (company) — Central Index Key
3420 (industry) — Standard Industrial Classification
CT (location) — State of incorporation

FAQ

When did STANLEY BLACK & DECKER, INC. file this DEF 14A?

STANLEY BLACK & DECKER, INC. filed this Proxy Statement (DEF 14A) with the SEC on March 8, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by STANLEY BLACK & DECKER, INC. (SWK).

Where can I read the original DEF 14A filing from STANLEY BLACK & DECKER, INC.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by STANLEY BLACK & DECKER, INC..

What are the key takeaways from STANLEY BLACK & DECKER, INC.'s DEF 14A?

STANLEY BLACK & DECKER, INC. filed this DEF 14A on March 8, 2024. Key takeaways: Stanley Black & Decker, Inc. (SWK) filed a Definitive Proxy Statement (DEF 14A) on March 8, 2024.. The filing covers the period ending April 26, 2024.. The company's fiscal year ends on December 30..

Is STANLEY BLACK & DECKER, INC. a risky investment based on this filing?

Based on this DEF 14A, STANLEY BLACK & DECKER, INC. presents a relatively low-risk profile. The filing is a routine DEF 14A, indicating standard corporate disclosure rather than an event-driven filing that might signal higher risk.

What should investors do after reading STANLEY BLACK & DECKER, INC.'s DEF 14A?

Shareholders should review the executive compensation details and any proposed resolutions to inform their voting strategy for the upcoming annual meeting. The overall sentiment from this filing is neutral.

How does STANLEY BLACK & DECKER, INC. compare to its industry peers?

Stanley Black & Decker operates in the tools and hardware industry, a sector characterized by consumer and industrial demand for durable goods.

Are there regulatory concerns for STANLEY BLACK & DECKER, INC.?

As a publicly traded company, Stanley Black & Decker is subject to SEC regulations, including the requirement to file proxy statements for shareholder meetings.

Industry Context

Stanley Black & Decker operates in the tools and hardware industry, a sector characterized by consumer and industrial demand for durable goods.

Regulatory Implications

As a publicly traded company, Stanley Black & Decker is subject to SEC regulations, including the requirement to file proxy statements for shareholder meetings.

What Investors Should Do

Review the detailed executive compensation tables for named executive officers.
Analyze any proposals being put forth for shareholder vote, such as director elections or advisory resolutions.
Note the company's fiscal year-end date for financial reporting context.

Key Dates

2024-03-08: Filing of DEF 14A — Definitive Proxy Statement filed with the SEC.
2024-04-26: End of Reporting Period — The period covered by the proxy statement.
1230: Fiscal Year End — Indicates the end of the company's fiscal year.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard disclosure document for public companies regarding their annual meeting and executive compensation. No specific comparative data from a prior filing is immediately apparent in this header information.

From the Filing

0001206774-24-000242.txt : 20240308 0001206774-24-000242.hdr.sgml : 20240308 20240308081601 ACCESSION NUMBER: 0001206774-24-000242 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 59 CONFORMED PERIOD OF REPORT: 20240426 FILED AS OF DATE: 20240308 DATE AS OF CHANGE: 20240308 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STANLEY BLACK & DECKER, INC. CENTRAL INDEX KEY: 0000093556 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 060548860 STATE OF INCORPORATION: CT FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-05224 FILM NUMBER: 24732412 BUSINESS ADDRESS: STREET 1: 1000 STANLEY DR STREET 2: P O BOX 7000 CITY: NEW BRITAIN STATE: CT ZIP: 06053 BUSINESS PHONE: 8602255111 MAIL ADDRESS: STREET 1: 1000 STANLEY DR CITY: NEW BRITAIN STATE: CT ZIP: 06053 FORMER COMPANY: FORMER CONFORMED NAME: STANLEY WORKS DATE OF NAME CHANGE: 19920703 DEF 14A 1 swk4258921-def14a.htm DEFINITIVE PROXY STATEMENT false 0000093556 DEF 14A 0000093556 2023-01-01 2023-12-30 0000093556 SWK:DonaldAllanJrMember 2023-01-01 2023-12-30 0000093556 SWK:JamesMLoreeMember 2022-01-02 2022-12-31 0000093556 SWK:DonaldAllanJrMember 2022-01-02 2022-12-31 0000093556 2022-01-02 2022-12-31 0000093556 SWK:JamesMLoreeMember 2021-01-03 2022-01-01 0000093556 2021-01-03 2022-01-01 0000093556 SWK:JamesMLoreeMember 2019-12-29 2021-01-02 0000093556 2019-12-29 2021-01-02 0000093556 SWK:DonaldAllanJrMember ecd:PeoMember SWK:ValueOfEquityAwardsReportedInTheSummaryCompensationTableMember 2023-01-01 2023-12-30 0000093556 ecd:NonPeoNeoMember SWK:ValueOfEquityAwardsReportedInTheSummaryCompensationTableMember 2023-01-01 2023-12-30 0000093556 SWK:DonaldAllanJrMember ecd:PeoMember SWK:YearEndValueOfEquityAwardsGrantedIn2023ThatAreUnvestedAndOutstandingMember 2023-01-01 2023-12-30 0000093556 ecd:NonPeoNeoMember SWK:YearEndValueOfEquityAwardsGrantedIn2023ThatAreUnvestedAndOutstandingMember 2023-01-01 2023-12-30 0000093556 SWK:DonaldAllanJrMember ecd:PeoMember SWK:ChangeInFairValueFromPriorYearEndOfPriorYearEquityAwardsThatAreUnvestedAndOutstandingMember 2023-01-01 2023-12-30 0000093556 ecd:NonPeoNeoMember SWK:ChangeInFairValueFromPriorYearEndOfPriorYearEquityAwardsThatAreUnvestedAndOutstandingMember 2023-01-01 2023-12-30 0000093556 SWK:DonaldAllanJrMember ecd:PeoMember SWK:FairMarketValueOfEquityAwardsGrantedIn2023AndThatVestedIn2023Member 2023-01-01 2023-12-30 0000093556 ecd:NonPeoNeoMember SWK:FairMarketValueOfEquityAwardsGrantedIn2023AndThatVestedIn2023Member 2023-01-01 2023-12-30 0000093556 SWK:DonaldAllanJrMember ecd:PeoMember SWK:ChangeInFairValueFromPriorYearEndOfPriorYearEquityAwardsThatVestedIn2023Member 2023-01-01 2023-12-30 0000093556 ecd:NonPeoNeoMember SWK:ChangeInFairValueFromPriorYearEndOfPriorYearEquityAwardsThatVestedIn2023Member 2023-01-01 2023-12-30 0000093556 SWK:DonaldAllanJrMember ecd:PeoMember SWK:PriorYearEndFairValueOfPriorYearEquityAwardsThatFailedToVestIn2023Member 2023-01-01 2023-12-30 0000093556 ecd:NonPeoNeoMember SWK:PriorYearEndFairValueOfPriorYearEquityAwardsThatFailedToVestIn2023Member 2023-01-01 2023-12-30 0000093556 SWK:DonaldAllanJrMember ecd:PeoMember SWK:DividendsAndDividendEquivalentPaymentsPaidDuring2023OnUnvestedEquityAwardsMember 2023-01-01 2023-12-30 0000093556 ecd:NonPeoNeoMember SWK:DividendsAndDividendEquivalentPaymentsPaidDuring2023OnUnvestedEquityAwardsMember 2023-01-01 2023-12-30 0000093556 SWK:DonaldAllanJrMember ecd:PeoMember SWK:ChangeInPresentValueOfAccumulatedPensionPlanBenefitsReportedInTheSummaryCompensationTableMember 2023-01-01 2023-12-30 0000093556 ecd:NonPeoNeoMember SWK:ChangeInPresentValueOfAccumulatedPensionPlanBenefitsReportedInTheSummaryCompensationTableMember 2023-01-01 2023-12-30 0000093556 SWK:DonaldAllanJrMember ecd:PeoMember SWK:ServiceCostForDefinedBenefitAndPensionPlansMember 2023-01-01 2023-12-30 0000093556 ecd:NonPeoNeoMember SWK:ServiceCostForDefinedBenefitAndPensionPlansMember 2023-01-01 20