Home Depot (HD) EVP Michael Rowe receives stock options and performance-based 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.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Rowe Michael F.

Role EVP, Pro

Type	Security	Shares	Price	Value
Grant/Award	Employee Stock Options	5,896	$0.00	--
Grant/Award	$.05 Common Stock	2,255	$0.00	--

Holdings After Transaction: Employee Stock Options — 5,896 shares (Direct); $.05 Common Stock — 7,431.037 shares (Direct)

Footnotes (1)

1. 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. 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rowe Michael F.

(Last) (First) (Middle)

2455 PACES FERRY RD., SE

(Street)

ATLANTA GEORGIA 30339

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HOME DEPOT, INC. [ HD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Pro

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
$.05 Common Stock	03/25/2026		A		2,255(1)	A	$0	7,431.0367	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Options	$332.51	03/25/2026		A		5,896		(2)	03/24/2036	$.05 Common Stock	5,896	$0	5,896	D

Explanation of Responses:

1. 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.

2. 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.

Remarks:

	/s/ Stephanie Bignon, Attorney-in-Fact for Michael F. Rowe	03/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

What performance condition applies to Michael F. Rowe’s 2026 Home Depot shares?

The 2026 performance-based restricted shares will be forfeited if FY2026 company operating profit is not at least 90% of the target set under the 2026 Management Incentive Plan, directly linking this portion of his award to profitability performance.

How many Home Depot (HD) common shares does Michael F. Rowe hold after these grants?

After the reported equity grants, Michael F. Rowe directly holds 7,431.0367 shares of Home Depot $.05 par value common stock. This figure reflects his updated direct ownership position following the March 25, 2026 compensation awards.

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.