Home Depot (NYSE: HD) director receives deferred stock and share awards
Filing Impact
Filing Sentiment
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 Trade Summary
2 transactions reported
Mixed
2 txns
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)
- 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: 270.8908 units
Reference price per Deferred Stock Unit: $313.7800 per unit
Deferred Shares granted: 796.0000 shares
+3 more
6 metrics
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
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.
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.
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.
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.