Yes, the stanley website doesn't show what it is that clearly but I didn't want to show the amazon page that showed it clearly(is it ethical buying from amazon these days? ).
It is a traditional, retractable utility knife like any good stanley knife. However close that side up turn it around and it's a folding knife. You can only open one at a time despite it showing both open together on the amazon page I saw.
Stanley knives come in different styles. My work one is a folding, retractable one. Very nice to use and stores blades in the handle safely. The standard, two ended blades are what people think of with these but aiui there's different blade options. One is a hooked blade shape, another is an extra long blade and a few more too. Then give got different materials like standard, carbide and fatmax blades. That's before you get into specialist knives like those that looks like normal utility knives but with saw or extra long blades or even tape cutters which work with corrugated card.
My work stanley knife has a slot in the body just back from where the blade comes out on the blade edge side. This is used when the blade is recessed as a tape cutter. I've used it to cut fabric but it only works well with a new, very sharp blade.
BTW blades really don't last long for me. I can't use the snap off ones as they just snap in use. The normal and 5x better fatmax or carbide ones simply last a week or two before the tip is completely rounded often on m both ends. Annoyingly the tip is blunt but further back it's still sharp. I just can't use that part. I work where stanley knives and tape measure are the two most used hand tools. Occasionally a cheap machete or cheap kitchen knife too.