Home Depot (NYSE: HD) director receives deferred stock and share awards
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 796 | $0.00 | -- |
| Grant/Award | Deferred Stock Units | 270.891 | $313.78 | $85K |
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.
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Deferred Stock Units financial
Omnibus Stock Incentive Plan financial
NonEmployee Directors' Deferred Stock Compensation Plan financial
change in control financial
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