Short answer
Stanley Black & Decker (SWK) filed an 8-K current report with the SEC on April 6, 2026 reporting Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). Completed sale of Consolidated Aerospace Manufacturing to Howmet Aerospace on April 6, 2026.
Stanley Black & Decker 8-K event analysis
AI summary of each reported item and its exhibits
Item 7.01 · Regulation FD Disclosure
- Completed sale of Consolidated Aerospace Manufacturing to Howmet Aerospace on April 6, 2026
- Approximately $1.8 billion cash proceeds, creating a material liquidity event
- Proceeds intended primarily for debt reduction and achieving target leverage ratios
- Transaction advances active portfolio management and capital allocation strategy
- Execution risk remains around debt reduction, leverage targets, shareholder value creation, and taxes
Item EX-99.1 · Exhibit EX-99.1
- Completed CAM business sale to Howmet Aerospace for approximately $1.8 billion in cash
- Expected net proceeds of approximately $1.57 billion after taxes and fees
- Proceeds targeted for debt reduction, improving financial flexibility and interest burden
- Management targeting approximately 2.5x net debt to adjusted EBITDA by year-end
- Portfolio refocus toward Tools and Outdoor businesses, with future capital allocation opportunities enabled
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Stanley Black & Decker 8-K filings
Get the next SWK 8-K as it lands
Follow SWK for push alerts, or ask the research agent what this filing means.