---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-282041"
form_type: "8-K"
ticker: "SWK"
cik: "0000093556"
company_name: "STANLEY BLACK & DECKER, INC."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-22T00:29:41.266590+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Stanley Black & Decker remarks $750M Series D Convertible Preferred; intends to add dividend and redeem Dec 22

## Summary
- Remarketing of $750M Series D Convertible Preferred Stock (liquidation preference $1,000/share) initiated.
- If remarketing succeeds, dividend rate will rise from 0%; Dec 22, 2022 remains earliest redemption date.
- Proceeds will fund Corporate Unit holders' obligation to buy $750M of common stock on Nov 15, 2022.
- Post-remarketing, holders gain optional conversion right into cash, stock, or combination (previously only on fundamental change).
- Current conversion rate: 5.2263 shares of common per preferred share (conversion price ~$191.34).

## SEC filing metadata
- accession: 0001193125-22-282041
- form_type: 8-K
- ticker: SWK
- cik: 0000093556
- company_name: STANLEY BLACK & DECKER, INC.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93556/000119312522282041/0001193125-22-282041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93556/000119312522282041/d421138d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-282041
- JSON: https://secwatch.observer/filing/0001193125-22-282041.json
- Plain text: https://secwatch.observer/filing/0001193125-22-282041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.