Home Depot (NYSE: HD) EVP Bastek gets new options and performance stock awards

Rhea-AI Filing Summary

HOME DEPOT, INC. executive vice president of merchandising William D. Bastek reported new equity compensation awards and a small tax-related share withholding. He received 9,199 employee stock options with an exercise price of $332.51 per share, expiring on March 24, 2036, which vest in 25% increments starting on the second anniversary of the grant date.

He was also granted 3,518 performance-based restricted shares of $.05 common stock. These vest 50% after 30 months and the remaining 50% after 60 months, and the 2026 tranche will be forfeited if FY2026 operating profit is under 90% of the target under the 2026 Management Incentive Plan. Separately, 160 shares of common stock were withheld at $330.91 per share to cover tax obligations, leaving him with 24,677.9469 shares of common stock held directly after that transaction.

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^*

Bastek William D

(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)
	EVP, Merchandising

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026

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	03/24/2026		F		160	D	$330.91	24,677.9469	D
$.05 Common Stock	03/25/2026		A		3,518(1)	A	$0	28,195.9469	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	$332.51	03/25/2026		A		9,199		(2)	03/24/2036	$.05 Common Stock	9,199	$0	9,199	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 William D. Bastek	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) EVP William D. Bastek receive in this Form 4 filing?

William D. Bastek received stock-based compensation, not an open-market trade. He was granted 9,199 employee stock options and 3,518 performance-based restricted shares as part of The Home Depot, Inc. Omnibus Stock Incentive Plan.

What are the terms of the stock options granted to Home Depot EVP Bastek?

Bastek’s 9,199 employee stock options have an exercise price of $332.51 per share and expire March 24, 2036. They vest in 25% increments each year, beginning on the second anniversary of the grant date under the company’s omnibus stock plan.

How do William D. Bastek’s performance-based restricted shares at Home Depot vest?

The 3,518 performance-based restricted shares vest 50% after 30 months and the remaining 50% after 60 months. The 2026 shares will be forfeited if FY2026 operating profit is below 90% of the target under the 2026 Management Incentive Plan.

Why were 160 Home Depot shares disposed of in William D. Bastek’s Form 4?

The 160 shares of $.05 common stock were withheld to satisfy tax obligations, not sold in the market. They were valued at $330.91 per share, reflecting payment of exercise price or tax liability by delivering securities, coded as a tax-withholding disposition.

How many Home Depot shares does EVP William D. Bastek hold after these transactions?

Following the tax-withholding disposition of 160 shares, Bastek directly holds 24,677.9469 shares of Home Depot $.05 common stock. This figure reflects his post-transaction ownership reported in the non-derivative section of the Form 4 filing.

Are William D. Bastek’s Home Depot equity awards tied to 2026 performance?

Yes. The filing states the 2026 performance-based restricted shares will be forfeited if FY2026 company operating profit is less than 90% of the target established under the 2026 Management Incentive Plan, directly linking those shares to future operating performance.