secwatch.observer — SEC 8-K summary
======================================

Issuer:     STANLEY BLACK & DECKER, INC. (SWK)
CIK:        0000093556
Form:       8-K
Filed at:   2021-12-30T23:59:59+00:00
Accession:  0001193125-21-370716
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Director Dmitri Stockton resigns from Stanley Black & Decker board to avoid Clayton Act conflict
--------------------------------------------------------------------------------

- Dmitri L. Stockton resigned effective Dec 31, 2021, due to Clayton Act interlocking directorate concerns after Stanley Black & Decker's acquisition of MTD Holdings.
- Stockton also serves on Deere & Co.'s board; dual service was deemed incompatible post-MTD acquisition.
- Board size reduced to 11 members; resignation not due to any disagreement with the company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93556/000119312521370716/0001193125-21-370716-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93556/000119312521370716/d270839d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-370716

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer