Home Depot (NYSE: HD) SVP awarded shares and 12,265 stock options

Rhea-AI Filing Summary

Home Depot Senior EVP Ann Marie Campbell received new equity awards as part of her compensation. She was granted 12,265 employee stock options with an exercise price of $332.51 per share, expiring in 2036, covering the same number of shares of $.05 common stock.

She also received 4,691 performance-based restricted shares of common stock at no cost. These vest 50% after 30 months and 50% after 60 months, and the 2026 portion will be forfeited if FY2026 operating profit is less than 90% of the target. Following these grants, she holds 72,599.7025 shares directly and 12,320 shares indirectly through a charitable remainder trust.

Insights

Equity compensation analyst

Routine compensation grants increase Campbell’s equity stake with performance-linked shares.

Home Depot’s Senior EVP Ann Marie Campbell received stock options and performance-based restricted shares, both granted at no cash cost to her. The options for 12,265 shares at an exercise price of $332.51 create long-term alignment, as value depends on future stock performance.

The 4,691 performance-based restricted shares add an operating-profit hurdle, with 2026 shares forfeited if FY2026 operating profit is below 90% of the incentive-plan target. These are standard senior-officer incentives rather than open-market purchases, and she continues to hold a sizable direct and indirect position after the grants.

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

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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^*

Campbell Ann Marie

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior EVP

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
$.05 Common Stock	03/25/2026		A		4,691(1)	A	$0	72,599.7025	D
$.05 Common Stock								12,320	I	by Charitable Remainder Trust

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	$332.51	03/25/2026		A		12,265		(2)	03/24/2036	$.05 Common Stock	12,265	$0	12,265	D

Explanation of Responses:

1. The performance-based restricted shares were issued under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022, and vest 50% after 30 months and the remaining 50% after 60 months. The 2026 shares will be forfeited if FY2026 Company operating profit is not at least 90% of the target established under the 2026 Management Incentive Plan.

2. The stock options were issued under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022 and vest annually in 25% increments beginning on the second anniversary of the grant date.

Remarks:

	/s/ Stephanie Bignon, Attorney-in-Fact for Ann-Marie Campbell	03/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Home Depot (HD) executive Ann Marie Campbell receive in this Form 4 filing?

Ann Marie Campbell received 12,265 employee stock options and 4,691 performance-based restricted shares as compensation. The options have an exercise price of $332.51 per share, while the restricted shares were granted at no cost and are subject to vesting and performance conditions.

Are Ann Marie Campbell’s Home Depot (HD) Form 4 transactions open-market stock purchases?

No, these are compensation-related grants, not open-market purchases. The filing shows option and restricted share awards at a transaction price of $0.00 per share, reflecting equity incentives granted under Home Depot’s Omnibus Stock Incentive Plan rather than discretionary buying in the market.

What are the vesting terms of Ann Marie Campbell’s new Home Depot (HD) restricted shares?

The 4,691 performance-based restricted shares vest 50% after 30 months and the remaining 50% after 60 months. In addition, the 2026 shares will be forfeited if FY2026 company operating profit is less than 90% of the target set under the 2026 Management Incentive Plan.

How many Home Depot (HD) shares does Ann Marie Campbell hold after these transactions?

After these awards, Ann Marie Campbell directly holds 72,599.7025 shares of Home Depot common stock. She also has an indirect holding of 12,320 shares through a charitable remainder trust, as disclosed in the filing’s ownership and footnote details.

What are the key details of Ann Marie Campbell’s new Home Depot (HD) stock options?

She was granted 12,265 employee stock options on March 25, 2026 with an exercise price of $332.51 per share. These options were issued under Home Depot’s Omnibus Stock Incentive Plan and vest in 25% increments annually, beginning on the second anniversary of the grant date.

How is Ann Marie Campbell’s indirect ownership in Home Depot (HD) structured?

The filing reports 12,320 shares of Home Depot common stock held indirectly by a charitable remainder trust. This is classified as indirect ownership, separate from her directly held shares, and reflects shares held in a trust vehicle rather than in her own name.