secwatch.observer — SEC 8-K summary
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Issuer:     STANLEY BLACK & DECKER, INC. (SWK)
CIK:        0000093556
Form:       8-K
Filed at:   2023-01-23T23:59:59+00:00
Accession:  0001193125-23-012686
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stanley Black & Decker appoints Patrick Hallinan as CFO, effective April 6
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- Patrick Hallinan named EVP, CFO, succeeding interim CFO Corbin Walburger; effective April 6, 2023.
- Base salary $800k, sign-on bonus $350k (subject to clawback within 2 yrs), RSU grant $2.65M vesting over 3 years.
- Annual equity awards for FY2023 and FY2024 valued at $3.65M each, split 50% PSUs, 25% options, 25% RSUs.
- Target annual bonus opportunity set at 100% of base salary under MICP for FY2023.
- Previously EVP & CFO at Fortune Brands Innovations (FBIN) since July 2017.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93556/000119312523012686/0001193125-23-012686-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93556/000119312523012686/d439377d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-012686

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