8-K
filed April 27, 2023, 7:59 PM ET
ticker SWK
CIK 0000093556
other
confidence high
sentiment neutral
materiality 0.10
Stanley Black & Decker shareholders elect all 10 directors, approve say-on-pay, reject golden parachute proposal
STANLEY BLACK & DECKER, INC.
- All 10 director nominees elected; Patrick Campbell received lowest support (103.9M for, 15.6M against).
- Advisory vote on executive compensation approved: 108.4M for, 10.8M against.
- Shareholders voted for annual say-on-pay frequency (117.0M for one year); board adopts annual frequency until 2029.
- Ernst & Young ratified as independent auditor for FY2023: 114.7M for, 16.0M against.
- Shareholder proposal on termination pay (golden parachutes) defeated: 104.2M against, 15.4M for.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
STANLEY BLACK & DECKER, INC. shareholders approved Election of Directors at the 2023-04-21 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-04-21
Exact text from the filing
Proposal 1: The Company’s shareholders elected each of the following nominees as a director of the Company to serve for a term expiring at the Annual Meeting of Shareholders to be held in 2024 based on the following votes:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
STANLEY BLACK & DECKER, INC. shareholders rejected Shareholder proposal regarding ratification of termination pay at the 2023-04-21 meeting.
- Proposal
- auditor ratification
- Outcome
- failed
- Meeting
- 2023-04-21
Exact text from the filing
Proposal 5: The Company’s shareholders did not approve the shareholder proposal regarding shareholder ratification of termination pay based on the following votes:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
STANLEY BLACK & DECKER, INC. shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-04-21 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-04-21
Exact text from the filing
Proposal 3: The Company’s shareholders approved, on an advisory basis, holding future advisory votes on named executive officer compensation every year based on the following votes:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
STANLEY BLACK & DECKER, INC. shareholders approved Advisory vote to approve compensation of named executive officers at the 2023-04-21 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-04-21
Exact text from the filing
Proposal 2: The Company’s shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers based on the following votes:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
STANLEY BLACK & DECKER, INC. shareholders approved Ratification of selection of Ernst & Young LLP as independent registered public accounting firm for 2023 at the 2023-04-21 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-04-21
Exact text from the filing
Proposal 4: The Company’s shareholders approved the selection of Ernst & Young LLP as the Company’s registered independent public accounting firm for the 2023 fiscal year based on the following votes:
View on SEC.gov
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