[Form 4] Home Depot, Inc. Insider Trading Activity

Rhea-AI Filing Summary

William D. Bastek, listed as Executive Vice President, Merchandising of Home Depot (HD), reported related transactions on Form 4 dated 08/22/2025. He acquired 3,783 shares through a transaction coded "M" at a reported price of $130.22 per share and disposed of 3,783 shares in a sale coded "S" at a weighted average price reported as $410.23 per share. Following the transactions, Mr. Bastek’s beneficial ownership is reported as 24,235.2803 shares (direct).

The filing clarifies the sale prices ranged from $410.23 to $410.29 and states the options that generated the acquired shares have "vested in their entirety and are fully exercisable." The Form 4 is signed by an attorney-in-fact, Stephanie Bignon, on 08/25/2025.

Insights

Securities Analyst

TL;DR: Executive exercised 3,783 options and sold the same number of shares; sale prices reported as a weighted average of $410.23.

The filing shows an option exercise (code M) that created 3,783 shares at a reported exercise price of $130.22 and an immediate or near-term sale of those 3,783 shares at a weighted average of $410.23, with per-share sale prices disclosed between $410.23 and $410.29. This is a routine insider liquidity event generated by vested employee stock options; the reported beneficial ownership after the transactions is 24,235.2803 shares direct. No additional financial metrics or company-level impacts are provided in the filing.

Corporate Governance Expert

TL;DR: Filing documents standard exercise-and-sell transactions and confirms options are fully vested and exercisable.

The Form 4 is procedurally complete: it identifies the reporting person, relationship to the issuer (EVP, Merchandising), transaction dates, quantities, prices, and includes an explanatory footnote on weighted-average sale pricing plus a signature by an attorney-in-fact. The disclosure that options have "vested in their entirety and are fully exercisable" addresses compliance aspects related to insider transactions. The filing does not indicate any unusual governance events or material non-routine actions.

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
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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^*

Bastek William D

(Last) (First) (Middle)

2455 PACES FERRY RD., SE

(Street)

ATLANTA GA 30339

(City) (State) (Zip)

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, Merchandising

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

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

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

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

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	08/22/2025		M		3,783	A	$130.22	28,018.2803	D
$.05 Common Stock	08/22/2025		S		3,783	D	$410.23(1)	24,235.2803	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	$130.22	08/22/2025		M			3,783	(2)	03/22/2026	$.05 Common Stock	3,783	$0	0	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $410.23 to $410.29, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

2. The options have vested in their entirety and are fully exercisable.

Remarks:

	/s/ Stephanie Bignon, Attorney-in-Fact for William D. Bastek	08/25/2025
	** 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.

FAQ

What transactions did William D. Bastek report on the Home Depot (HD) Form 4?

He reported acquiring 3,783 shares via a transaction coded M at $130.22 per share and disposing of 3,783 shares via a sale coded S at a weighted average of $410.23 per share on 08/22/2025.

How many Home Depot shares does William D. Bastek beneficially own after the reported transactions?

The Form 4 reports 24,235.2803 shares beneficially owned (direct) following the transactions.

Did the filing indicate whether the underlying options were vested or exercisable?

Yes. The filing states the options "have vested in their entirety and are fully exercisable."

What price range was reported for the sold Home Depot shares?

A footnote states the shares were sold at prices ranging from $410.23 to $410.29, and the reported sale price is a weighted average of $410.23.

Who signed the Form 4 and when was it signed?

The Form 4 is signed by Stephanie Bignon, Attorney-in-Fact for William D. Bastek on 08/25/2025.