Stanley Black & Decker Enters/Terminates Agreements

TL;DR

SBD just signed and broke some big deals, plus took on new debt. Details TBD.

AI Summary

On June 23, 2025, Stanley Black & Decker, Inc. entered into a material definitive agreement and terminated another. The company also incurred direct financial obligations. Specific details of these agreements and obligations are not provided in this filing excerpt.

Why It Matters

This filing indicates significant changes in Stanley Black & Decker's contractual and financial commitments, which could impact its future operations and financial health.

Risk Assessment

Risk Level: medium — The entry into and termination of material definitive agreements, along with new financial obligations, suggest potential shifts in the company's strategic direction or financial standing.

Key Players & Entities

• Stanley Black & Decker, Inc. (company) — Registrant
• June 23, 2025 (date) — Date of earliest event reported
• 0000093556 (company) — Central Index Key
• CT (location) — State of incorporation
• 1000 Stanley Drive, New Britain, Connecticut 06053 (address) — Principal business address

FAQ

From the Filing

0001193125-25-148898.txt : 20250626 0001193125-25-148898.hdr.sgml : 20250626 20250626160723 ACCESSION NUMBER: 0001193125-25-148898 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250623 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250626 DATE AS OF CHANGE: 20250626 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 EIN: 060548860 STATE OF INCORPORATION: CT FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05224 FILM NUMBER: 251080422 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 8-K 1 d810765d8k.htm 8-K 8-K false 0000093556 0000093556 2025-06-23 2025-06-23       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 23, 2025     Stanley Black & Decker, Inc. (Exact name of registrant as specified in its charter)       Connecticut   001-5224   06-0548860 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   1000 Stanley Drive , New Britain , Connecticut   06053 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (860) 225-5111 Not Applicable (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbols   Name of exchange on which registered Common Stock - $2.50 Par Value per share   SWK   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 1.01 Entry into a Material Definitive Agreement. 364-Day Credit Agreement On June 23, 2025, Stanley Black & Decker, Inc., a Connecticut corporation (the “ Company ”), entered into a 364-Day Credit Agreement (the “ 364-Day Credit Agreement ”) with each of the initial lenders named therein, Citibank, N.A., as administrative agent