[Form 4] HOME DEPOT, INC. Insider Trading Activity

Rhea-AI Filing Summary

William D. Bastek, Executive Vice President, Merchandising at Home Depot (HD), reported transactions on 09/12/2025 involving employee stock options and common stock. He exercised 2,303 employee stock options that were issued under The Home Depot, Inc. Amended and Restated 2005 Omnibus Stock Incentive Plan; the filing states the options have vested in their entirety and are fully exercisable. Following the transactions, his reported beneficial ownership of common stock changed from 26,538.2803 shares to 24,235.2803 shares.

The Form 4 shows an acquisition entry of 2,303 common shares at a reported price of $147.36 and a sale entry of 2,303 common shares at a reported price of $423.12. The form is signed by Stephanie Bignon as Attorney-in-Fact for Mr. Bastek on 09/15/2025.

Positive

• Options vested in their entirety and are fully exercisable under The Home Depot, Inc. Amended and Restated 2005 Omnibus Stock Incentive Plan
• Complete Section 16 disclosure provided with signature by attorney-in-fact, indicating compliance with reporting requirements

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine option exercise with concurrent sale; modest net reduction in reported holdings, not material to company financials.

The filing documents an exercise of 2,303 employee stock options and simultaneous reporting of an acquisition and a sale of 2,303 common shares on 09/12/2025. The options are described as fully vested and exercisable under the companys 2005 Omnibus Stock Incentive Plan. Reported beneficial ownership decreased from 26,538.2803 to 24,235.2803 shares, indicating a net reduction in common shares held by the reporting person. For investors, this appears to be an insider liquidity event rather than a corporate operational disclosure.

Corporate Governance Expert

TL;DR: Compliance filing shows standard exercise and sale; disclosure meets Section 16 reporting obligations.

The Form 4 includes explicit details required by insider reporting rules: the option exercise, the number of shares acquired and sold (2,303 each), prices reported for the transactions, and a signed attorney-in-fact certification. The explicit note that the options "have vested in their entirety and are fully exercisable" clarifies grant status. This disclosure is procedural and consistent with routine executive equity compensation and sale reporting; no governance irregularities are indicated by the form itself.

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

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^*

Bastek William D

(Last) (First) (Middle)

2455 PACES FERRY RD., SE

(Street)

ATLANTA GA 30339

(City) (State) (Zip)

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)
	EVP, Merchandising

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	09/12/2025		M		2,303	A	$147.36	26,538.2803	D
$.05 Common Stock	09/12/2025		S		2,303	D	$423.12	24,235.2803	D

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	$147.36	09/12/2025		M			2,303	(1)	03/21/2027	$.05 Common Stock	2,303	$0	0	D

Explanation of Responses:

1. The stock options were issued under The Home Depot, Inc. Amended and Restated 2005 Omnibus Stock Incentive Plan and have vested in their entirety and are fully exercisable.

Remarks:

	/s/ Stephanie Bignon, Attorney-in-Fact for William D. Bastek	09/15/2025
	** 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.

FAQ

What transactions did William D. Bastek report on Form 4 for HD?

He reported exercising 2,303 employee stock options and corresponding entries showing acquisition and a sale of 2,303 common shares on 09/12/2025.

How did Mr. Basteks beneficial ownership change after the transactions?

The filing shows reported beneficial ownership changed from 26,538.2803 shares to 24,235.2803 shares.

What plan governed the stock options exercised by the reporting person?

The options were issued under The Home Depot, Inc. Amended and Restated 2005 Omnibus Stock Incentive Plan and are stated to be fully vested and exercisable.

Who signed the Form 4 filing and when?

The form was signed by Stephanie Bignon, Attorney-in-Fact for William D. Bastek on 09/15/2025.

What prices are reported for the acquisition and sale entries?

The acquisition entry lists a price of $147.36 and the sale entry lists a price of $423.12 as reported on the form.