Home Depot EVP granted stock options and shares
Rhea-AI Filing Summary
HOME DEPOT, INC. Executive Vice President – Pro, Michael F. Rowe, received equity awards as part of his compensation. He was granted 5,896 employee stock options at an exercise price of $332.51 per share, vesting in 25% increments starting on the second anniversary of the grant, expiring on March 24, 2036. He also received 2,255 performance-based restricted shares that vest 50% after 30 months and 50% after 60 months, and the 2026 portion will be forfeited if FY2026 company operating profit is less than 90% of the target under the 2026 Management Incentive Plan. Following these grants, his directly held common shares total 7,431.0367.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 8,151 shares
Grant/Award
2 txns
Insider
Rowe Michael F.
Role
EVP, Pro
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options | 5,896 | $0.00 | $0.00 |
| Grant/Award | $.05 Common Stock | 2,255 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Options — 5,896 contracts (Direct);
$.05 Common Stock — 7,431.0367 shares (Direct)
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.
FAQ
What insider transactions did Home Depot (HD) disclose for Michael F. Rowe?
Home Depot reported that EVP, Pro, Michael F. Rowe received equity compensation grants, including employee stock options and performance-based restricted shares, with no open-market purchases or sales. These awards increase his direct equity exposure to the company.
How many stock options did Michael F. Rowe receive from Home Depot (HD)?
Michael F. Rowe was granted 5,896 employee stock options with an exercise price of $332.51 per share. These options vest in 25% increments annually, beginning on the second anniversary of the grant date, and expire on March 24, 2036.
What restricted stock did Home Depot (HD) grant to Michael F. Rowe?
Home Depot granted Michael F. Rowe 2,255 performance-based restricted shares. These shares vest 50% after 30 months and 50% after 60 months, subject to conditions tied to FY2026 company operating profit under the 2026 Management Incentive Plan.
Were Michael F. Rowe’s Home Depot (HD) transactions open-market buys or sells?
No. The reported transactions are equity compensation awards, coded as acquisitions (A) for grants of options and restricted shares. There were no open-market purchases or sales, making these routine compensation-related entries rather than discretionary trading.
AI-generated analysis. How Rhea-AI works. Not financial advice.