Home Depot (NYSE: HD) director receives deferred stock unit and share awards

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

HOME DEPOT, INC. director Stephanie Linnartz reported compensation-related equity awards, not open-market trades. She received 191.2168 Deferred Stock Units valued at $313.78 per underlying share and 796 Deferred Shares, each convertible into one share of common stock at future dates tied to board service.

After these awards, she holds 1,962.0737 Deferred Stock Units and 8,864.273 Deferred Shares. Deferred Shares vest on the date of the next annual shareholders meeting and then convert on a one-for-one basis upon specified events such as termination of board service, death, retirement, disability, or a change in control.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Linnartz Stephanie

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Shares	796	$0.00	--
Grant/Award	Deferred Stock Units	191.217	$313.78	$60K

Holdings After Transaction: Deferred Shares — 8,864.273 shares (Direct, null); Deferred Stock Units — 1,962.074 shares (Direct, null)

Footnotes (1)

The Deferred Shares were granted under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022, and convert to shares of Common Stock on a one-for-one basis upon the earliest of (i) the first anniversary of the director's termination of service as a Board member, (ii) the date of the director's death, retirement or disability, or (iii) the date of a change in control of the Company. Vesting of shares occurs on the date of the next annual shareholders meeting. The Deferred Stock Units convert to shares of Common Stock on a one-for-one basis following a termination of service as described in The Home Depot, Inc. NonEmployee Directors' Deferred Stock Compensation Plan.

Key Figures

Deferred Stock Units granted: 191.2168 units Reference price per Deferred Stock Unit: $313.78 per share Deferred Shares granted: 796.0000 shares +3 more

6 metrics

Deferred Stock Units granted 191.2168 units Grant of Deferred Stock Units on May 21, 2026

Reference price per Deferred Stock Unit $313.78 per share Transaction price per underlying share for DSU grant

Deferred Shares granted 796.0000 shares Grant of Deferred Shares on May 21, 2026

Deferred Stock Units after transaction 1,962.0737 units Total Deferred Stock Units held following the grant

Deferred Shares after transaction 8,864.2730 shares Total Deferred Shares held following the grant

Conversion ratio 1:1 into common stock Both Deferred Stock Units and Deferred Shares convert one-for-one

Key Terms

Deferred Stock Units, Deferred Shares, Omnibus Stock Incentive Plan, NonEmployee Directors' Deferred Stock Compensation Plan, +1 more

5 terms

Deferred Stock Units financial

"The Deferred Stock Units convert to shares of Common Stock on a one-for-one basis"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Deferred Shares financial

"The Deferred Shares were granted under The Home Depot, Inc. Omnibus Stock Incentive Plan"

Deferred shares are a class of stock whose economic benefits or certain shareholder rights are delayed or paid later than ordinary shares—for example, dividends may be paid only after other shareholders receive theirs, or voting or redemption rights may be postponed. For investors, that timing difference matters because deferred shares typically offer lower near-term income and different risk, affecting expected returns, priority in payouts, and the share’s market value; think of them like a delayed paycheck compared with a regular salary.

Omnibus Stock Incentive Plan financial

"granted under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022"

NonEmployee Directors' Deferred Stock Compensation Plan financial

"described in The Home Depot, Inc. NonEmployee Directors' Deferred Stock Compensation Plan"

change in control financial

"or (iii) the date of a change in control of the Company"

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

Form 4 Insider Transactions: What Each Field Means →

05/26/2026 - 04:23 PM

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^*

Linnartz Stephanie

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Deferred Shares	⁽¹⁾	05/21/2026		A		796		⁽¹⁾	⁽¹⁾	common stock	796	$0	8,864.273	D
Deferred Stock Units	⁽²⁾	05/21/2026		A		191.2168		⁽²⁾	⁽²⁾	common stock	191.2168	$313.78	1,962.0737	D

Explanation of Responses:

1. The Deferred Shares were granted under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022, and convert to shares of Common Stock on a one-for-one basis upon the earliest of (i) the first anniversary of the director's termination of service as a Board member, (ii) the date of the director's death, retirement or disability, or (iii) the date of a change in control of the Company. Vesting of shares occurs on the date of the next annual shareholders meeting.

2. The Deferred Stock Units convert to shares of Common Stock on a one-for-one basis following a termination of service as described in The Home Depot, Inc. NonEmployee Directors' Deferred Stock Compensation Plan.

Remarks:

	/s/ Stephanie Bignon, Attorney-in-Fact for Stephanie C. Linnartz	05/26/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Home Depot (HD) director Stephanie Linnartz report on her latest Form 4?

She reported equity awards, not market trades. Linnartz received Deferred Stock Units and Deferred Shares that convert one-for-one into Home Depot common stock in the future, reflecting standard non-employee director compensation instead of open-market buying or selling activity.

How many deferred stock units and deferred shares did HD director Stephanie Linnartz receive?

She received 191.2168 Deferred Stock Units and 796 Deferred Shares. Each unit and share is tied to Home Depot common stock on a one-for-one basis, increasing her deferred equity-based compensation balance as a director of the company.

At what price were Stephanie Linnartz’s Home Depot deferred stock units valued?

The 191.2168 Deferred Stock Units were valued at $313.78 per underlying share. This reflects the reference price used for the grant, while the units themselves are deferred compensation that convert into Home Depot common stock at future specified events.

When do Home Depot deferred shares for directors convert into common stock?

Deferred Shares convert to common stock one-for-one upon the earliest of the director’s termination of board service, death, retirement, disability, or a change in control, after vesting, which occurs on the date of the next annual shareholders meeting as described in the plan.

What are Stephanie Linnartz’s total deferred holdings in Home Depot after these awards?

Following the awards, she holds 1,962.0737 Deferred Stock Units and 8,864.273 Deferred Shares. These amounts represent deferred equity interests that will convert into Home Depot common stock in the future under the terms of the company’s director compensation plans.

Under which plans were Stephanie Linnartz’s Home Depot deferred awards granted?

The Deferred Shares were granted under The Home Depot, Inc. Omnibus Stock Incentive Plan, amended and restated May 19, 2022. The Deferred Stock Units are governed by The Home Depot, Inc. NonEmployee Directors' Deferred Stock Compensation Plan describing their conversion terms.