---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-282946"
form_type: "8-K"
ticker: "SWK"
cik: "0000093556"
company_name: "STANLEY BLACK & DECKER, INC."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:58:54.920242+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Stanley Black & Decker prices remarketing of 750K Series D convertible preferred shares for $750M

## Summary
- Remarketing of 750,000 shares of Series D Cumulative Perpetual Convertible Preferred set to settle Nov 15, 2022.
- Proceeds of $750M will fund holders' purchase contract obligations to buy common stock.
- After remarketing, cumulative dividends at 7.5% annual rate ($75/share) then 9% ($90) after Dec 22, 2022 step-up.
- Company intends to redeem all outstanding preferred shares for cash on December 22, 2022.
- Conversion rate unchanged at 5.2263 common shares per preferred share (approx. $191.34 conversion price).

## SEC filing metadata
- accession: 0001193125-22-282946
- form_type: 8-K
- ticker: SWK
- cik: 0000093556
- company_name: STANLEY BLACK & DECKER, INC.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93556/000119312522282946/0001193125-22-282946-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93556/000119312522282946/d593652d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-282946
- JSON: https://secwatch.observer/filing/0001193125-22-282946.json
- Plain text: https://secwatch.observer/filing/0001193125-22-282946.txt

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