Home Depot EVP granted options and restricted stock
HOME DEPOT, INC. executive John A. Deaton, EVP – Supply Chain & Product Development, received new equity awards.
Rhea-AI Filing Summary
HOME DEPOT, INC. executive John A. Deaton, EVP – Supply Chain & Product Development, received new equity awards. He was granted 6,451 employee stock options with an exercise price of $332.51 per share, expiring on March 24, 2036, vesting in 25% increments beginning on the second anniversary of the grant date.
He also received 2,467 performance-based restricted shares of $.05 common stock, which vest 50% after 30 months and 50% after 60 months. The 2026 portion will be forfeited if FY2026 company operating profit is less than 90% of the target under the 2026 Management Incentive Plan. Separately, 155 shares of common stock were withheld at $330.91 per share to cover tax obligations, leaving Deaton with 16,441.0065 common shares held directly after these transactions.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options | 6,451 | $0.00 | $0.00 |
| Grant/Award | $.05 Common Stock | 2,467 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | $.05 Common Stock | 155 | $330.91 | $51K |
Footnotes (2)
- F1. The performance-based restricted shares were issued under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022, and vest 50% after 30 months and the remaining 50% after 60 months. The 2026 shares will be forfeited if FY2026 Company operating profit is not at least 90% of the target established under the 2026 Management Incentive Plan.
- F2. The stock options were issued under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022 and vest annually in 25% increments beginning on the second anniversary of the grant date.
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