Home Depot (HD) CTO Franziska Bell receives 51,516-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BELL FRANZISKA reported acquisition or exercise transactions in this Form 4 filing.
HOME DEPOT, INC. executive vice president and chief technology officer Franziska Bell received a grant of 51,516 shares of $.05 common stock as equity compensation. The award was granted at no cash cost per share and brings her directly held stake reported in this filing to 51,516 shares.
The restricted shares were issued under The Home Depot, Inc. Omnibus Stock Incentive Plan and will vest over five years. According to the schedule, 29% of the award vests on each of the first and second anniversaries of the grant date, 25% on the third, 9% on the fourth, and 8% on the fifth anniversary.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BELL FRANZISKA
Role
EVP-Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.05 Common Stock | 51,516 | $0.00 | -- |
Holdings After Transaction:
$.05 Common Stock — 51,516 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares granted: 51,516 shares
Transaction price per share: $0.0000 per share
Shares owned after transaction: 51,516 shares
+5 more
8 metrics
Restricted shares granted
51,516 shares
Award of $.05 common stock to EVP-CTO
Transaction price per share
$0.0000 per share
Restricted stock grant, non-cash compensation
Shares owned after transaction
51,516 shares
Direct ownership following the award
First-year vesting portion
29% of award
Vests on first anniversary of grant date
Second-year vesting portion
29% of award
Vests on second anniversary of grant date
Third-year vesting portion
25% of award
Vests on third anniversary of grant date
Fourth-year vesting portion
9% of award
Vests on fourth anniversary of grant date
Fifth-year vesting portion
8% of award
Vests on fifth anniversary of grant date
Key Terms
restricted shares, Omnibus Stock Incentive Plan, vest, grant date
4 terms
Omnibus Stock Incentive Plan financial
"issued under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022"
vest financial
"and will vest over 5 years as follows: 29% on each of the first and second anniversaries"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant date financial
"on each of the first and second anniversaries of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What did Home Depot (HD) executive Franziska Bell report in this Form 4?
Franziska Bell reported receiving a grant of 51,516 shares of Home Depot $.05 common stock. The shares were awarded as restricted stock under the company’s Omnibus Stock Incentive Plan and represent her directly held position as shown in this filing.
What is Franziska Bell’s reported Home Depot (HD) ownership after this transaction?
After this restricted stock grant, the Form 4 reports Franziska Bell directly owning 51,516 shares of Home Depot common stock. This figure reflects her holdings following the award as disclosed, without additional derivative positions shown in the derivative section.