Home Depot EVP receives 10.7 stock-linked units

Home Depot executive Michael F. Rowe, EVP, Pro, reported an acquisition of derivative securities tied to company stock.

Rhea-AI Filing Summary

Home Depot executive Michael F. Rowe, EVP, Pro, reported an acquisition of derivative securities tied to company stock. On 01/31/2026, he received 10.7181 Restoration Plan Stock Units under The Home Depot FutureBuilder Restoration Plan.

These units convert into an equal number of Home Depot common shares on a one-for-one basis upon a distribution event under the plan. Following this transaction, Rowe beneficially owned 10.7181 of these derivative units, held as a direct interest.

Insider Trade Summary

Grant/Award: 10.7181 shares

Grant/Award 1 txn

Insider Rowe Michael F.

Role EVP, Pro

Type	Security	Shares	Price	Value
Grant/Award	Restoration Plan Stock Units	10.7181	$374.59	$4K

Holdings After Transaction: Restoration Plan Stock Units — 10.7181 contracts (Direct)

Footnotes (1)

1. F1. The restoration plan stock units were acquired under The Home Depot FutureBuilder Restoration Plan and convert to shares of common stock on a one-for-one basis upon a distribution event under the terms of the plan.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Home Depot (HD) report for Michael F. Rowe?

Home Depot EVP, Pro, Michael F. Rowe reported acquiring 10.7181 Restoration Plan Stock Units on 01/31/2026. These units are a form of deferred compensation that track Home Depot’s common stock and convert one-for-one into shares at a future distribution event.

What are Home Depot Restoration Plan Stock Units acquired by HD EVP Rowe?

The Restoration Plan Stock Units are granted under The Home Depot FutureBuilder Restoration Plan. Each unit converts into one share of Home Depot common stock upon a distribution event, providing deferred, stock-based compensation tied directly to the company’s share value.

How many derivative units linked to HD stock does Michael F. Rowe now hold?

After the reported transaction, Michael F. Rowe beneficially owned 10.7181 Restoration Plan Stock Units directly. Each unit represents the right to receive one share of Home Depot common stock in the future under the plan’s distribution terms.

What price reference is shown for Michael F. Rowe’s Home Depot stock units?

The filing lists a price of $374.59 per Restoration Plan Stock Unit. This figure reflects the reference value used in the transaction record for these derivative units rather than a traditional open-market purchase price.

Does this Home Depot Form 4 show a stock sale or a grant to EVP Michael F. Rowe?

The Form 4 shows a grant, not a sale. Transaction code “A” indicates acquisition of 10.7181 Restoration Plan Stock Units as compensation under The Home Depot FutureBuilder Restoration Plan, creating a future claim on an equivalent number of common shares.

Is Michael F. Rowe’s ownership of Home Depot derivative units direct or indirect?

The Form 4 reports the ownership form as Direct (D) for the 10.7181 Restoration Plan Stock Units. No footnote indicates a trust, LLC, or other entity, so the filing attributes these derivative holdings directly to Michael F. Rowe.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/03/2026 - 05:00 PM EST Learn about SEC filing dates

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^*

Rowe Michael F.

(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, Pro

3. Date of Earliest Transaction (Month/Day/Year)
01/31/2026

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

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
Restoration Plan Stock Units	(1)	01/31/2026		A		10.7181		(1)	(1)	$.05 Common Stock	10.7181	$374.59	10.7181	D

Explanation of Responses:

1. The restoration plan stock units were acquired under The Home Depot FutureBuilder Restoration Plan and convert to shares of common stock on a one-for-one basis upon a distribution event under the terms of the plan.

Remarks:

	/s/ Stephanie Bignon, Attorney-in-Fact for Michael F. Rowe	02/03/2026
	** 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.