STOCK TITAN

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

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HOME DEPOT, INC. director Jeffery H. Boyd reported compensation-related equity awards rather than open-market trades. He received 270.8908 Deferred Stock Units tied to common stock and 796 Deferred Shares, each convertible into one share of common stock on a one-for-one basis.

The Deferred Shares were granted under The Home Depot, Inc. Omnibus Stock Incentive Plan and vest on the date of the next annual shareholders meeting, then convert upon specified termination or change-in-control events. The Deferred Stock Units convert following a termination of board service under the NonEmployee Directors' Deferred Stock Compensation Plan.

Positive

  • None.

Negative

  • None.
Insider BOYD JEFFERY H
Role null
Type Security Shares Price Value
Grant/Award Deferred Shares 796 $0.00 --
Grant/Award Deferred Stock Units 270.891 $313.78 $85K
Holdings After Transaction: Deferred Shares — 12,913.148 shares (Direct, null); Deferred Stock Units — 3,189.263 shares (Direct, null)
Footnotes (1)
  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.
Deferred Stock Units granted 270.8908 units Director award on 2026-05-21
Reference price per Deferred Stock Unit $313.7800 per unit Award value reference for Deferred Stock Units
Deferred Shares granted 796.0000 shares Director award on 2026-05-21
Deferred Stock Units after transaction 3189.2627 units Total Deferred Stock Units beneficially owned after award
Deferred Shares after transaction 12913.1481 shares Total Deferred Shares beneficially owned after award
Conversion ratio 1:1 to common stock Applies to both Deferred Shares and Deferred Stock Units
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
"as 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.
SEC Form 4
FORM 4UNITED 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*
BOYD JEFFERY H

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Shares(1)05/21/2026A796 (1) (1)common stock796$012,913.1481D
Deferred Stock Units(2)05/21/2026A270.8908 (2) (2)common stock270.8908$313.783,189.2627D
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 Jeffery H. Boyd05/26/2026
** Signature of Reporting PersonDate
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 did Home Depot (HD) director Jeffery H. Boyd report in this Form 4?

Jeffery H. Boyd reported equity awards as director compensation, not market trades. He received Deferred Stock Units and Deferred Shares that will convert into Home Depot common stock on a one-for-one basis upon specified future events.

How many Deferred Stock Units did Jeffery H. Boyd acquire in Home Depot (HD)?

He acquired 270.8908 Deferred Stock Units. Each unit is tied to one share of Home Depot common stock and will convert on a one-for-one basis after his termination of service under the company’s nonemployee directors’ deferred stock compensation plan.

How many Deferred Shares did Jeffery H. Boyd receive from Home Depot (HD)?

He received 796 Deferred Shares as part of director compensation. These Deferred Shares convert into an equal number of Home Depot common shares upon certain events, with vesting on the date of the company’s next annual shareholders meeting under its omnibus stock incentive plan.

When do Jeffery H. Boyd’s Home Depot (HD) Deferred Shares convert to common stock?

They convert to common stock on a one-for-one basis upon the earliest of one year after his board service ends, his death, retirement or disability, or a change in control of the company, after vesting at the next annual shareholders meeting.

When do Jeffery H. Boyd’s Home Depot (HD) Deferred Stock Units convert to shares?

The Deferred Stock Units convert to Home Depot 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 referenced in the filing footnotes.

Are Jeffery H. Boyd’s Home Depot (HD) Form 4 transactions open-market buys or sells?

They are not open-market buys or sells. The Form 4 shows award-type acquisitions of Deferred Stock Units and Deferred Shares granted as director compensation, which will convert into common stock later under the company’s compensation and deferral plans.