[Form 4] Home Depot, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Teresa Wynn Roseborough, Executive Vice President, General Counsel and Corporate Secretary of Home Depot (HD), reported multiple equity transactions dated 08/22/2025. The filing shows non-derivative activity: acquisitions of 2,524 and 1,579 shares at prices of $181.76 and $292.75, respectively, and dispositions of 4,103 and 1,380 shares at approximately $413.24 and $413.22. Following these transactions she beneficially owned 16,056.6713 shares directly and 60 shares indirectly through a spouse. The filing also discloses employee stock options: 1,579 options exercisable through 03/23/2031 and 2,524 options fully vested with a 03/24/2030 expiration.

Positive

• Timely disclosure of insider transactions consistent with Section 16 reporting requirements
• Options granted and vested under the companys Omnibus Stock Incentive Plan, with one award fully exercisable

Negative

• Insider sales of 5,483 shares on 08/22/2025, which reduce direct beneficial ownership
• Concentrated transaction activity (multiple buys, sells and option exercises on same date) that may prompt investor questions about rationale

Insights

Securities Analyst

TL;DR: Insider reported a mix of option grants, vested options, and significant sales, with material holdings remaining.

The Form 4 documents contemporaneous option-related activity and open-market transactions by a senior officer. Two option grants/awards are listed with exercise prices of $292.75 and $181.76, showing one award fully vested and the other subject to scheduled vesting. Concurrently, sales of 5,483 shares reduced the officer's direct holdings to 16,056.6713 shares while an indirect holding of 60 shares is noted. The filing is a routine Section 16 disclosure and provides clear dates, quantities and prices required for investor transparency.

Corporate Governance Expert

TL;DR: The disclosure is complete and timely; it documents compensation-related equity and follow-up open-market trades.

The report includes option awards issued under the company's Amended and Restated 2005 Omnibus Stock Incentive Plan, with one award already vested and another vesting in 25% annual increments beginning on the second anniversary. Sales and purchases are itemized with transaction codes and prices, and the form is signed by an attorney-in-fact, indicating procedural compliance. This filing meets Section 16 transparency expectations for insider reporting.

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^*

Roseborough Teresa Wynn

(Last) (First) (Middle)

2455 PACES FERRY RD

(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, Gen. Counsel & Corp. Sec.

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

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	08/22/2025		M		2,524	A	$181.76	19,960.6713	D
$.05 Common Stock	08/22/2025		M		1,579	A	$292.75	21,539.6713	D
$.05 Common Stock	08/22/2025		S		4,103	D	$413.24	17,436.6713	D
$.05 Common Stock	08/22/2025		S		1,380	D	$413.22	16,056.6713	D
$.05 Common Stock								60	I	By Spouse

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	$292.75	08/22/2025		M			1,579	(1)	03/23/2031	$.05 Common Stock	1,579	$0	1,579	D
Employee Stock Options	$181.76	08/22/2025		M			2,524	(2)	03/24/2030	$.05 Common Stock	2,524	$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 vest annually in 25% increments beginning on the second anniversary of the grant date.

2. 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 Teresa Wynn Roseborough	08/25/2025
	** 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 insider transactions did Teresa Wynn Roseborough report on Form 4 for HD?

The filing reports purchases of 2,524 and 1,579 shares, sales of 4,103 and 1,380 shares (all on 08/22/2025), and holdings of employee stock options tied to those amounts.

How many Home Depot shares does Roseborough beneficially own after the reported transactions?

Following the reported activity she beneficially owned 16,056.6713 shares directly and 60 shares indirectly through a spouse.

Are any of the reported stock options fully vested?

Yes. The filing states that the options with an exercise price of $181.76 have vested in their entirety and are fully exercisable.

What are the exercise prices and expirations for the reported options?

The options have exercise prices of $292.75 (1,579 options, expiration 03/23/2031) and $181.76 (2,524 options, expiration 03/24/2030) as reported.

Under which plan were the stock options issued?

The options were issued under The Home Depot, Inc. Amended and Restated 2005 Omnibus Stock Incentive Plan as stated in the filing.