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

Rhea-AI Filing Summary

Richard V. McPhail, Executive Vice President & Chief Financial Officer of Home Depot (HD), reported an insider transaction on this Form 4. The filing shows a sale of 692 shares on 09/22/2025 at a price listed as $412 per share. Following the reported transaction, the filing lists 44,767.3463 shares as beneficially owned in a direct ownership form. The form was signed by Stephanie Bignon, Attorney-in-Fact, on 09/24/2025. This disclosure records a single non-derivative sale by the reporting officer and provides the resulting direct ownership balance.

Insights

Financial Analyst

TL;DR A routine officer sale of 692 Home Depot shares was disclosed, leaving ~44,767 shares directly owned.

This Form 4 reports a straightforward non-derivative disposition by the CFO on 09/22/2025 for 692 shares at a reported price of $412 per share, with direct beneficial ownership of 44,767.3463 shares after the transaction. The size of the sale is small relative to a large-cap issuer and the filing contains no derivatives, option exercises, or additional context such as planned sales or 10b5-1 plans. As filed, the disclosure meets Section 16 reporting requirements but does not by itself indicate a material change to ownership or control.

Corporate Governance Expert

TL;DR The disclosure is compliant and routine; no governance issues or multiple transactions are shown.

The Form 4 documents a single sale by an officer and records direct ownership remaining after the sale. The filing is signed by an attorney-in-fact, indicating proper execution. There is no indication in the document of linked transactions, beneficial ownership changes beyond the reported sale, or governance events. For governance review, the transaction should be logged and monitored with other insider activity, but this filing alone does not raise governance red flags.

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).

1. Name and Address of Reporting Person^*

McPhail Richard V

(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 & CFO

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2025

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	09/22/2025		F		692	D	$412	44,767.3463	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

Explanation of Responses:

Remarks:

	/s/ Stephanie Bignon, Attorney-in-Fact for Richard V. McPhail	09/24/2025
	** 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 transaction did Richard V. McPhail report on the Form 4 for HD?

The Form 4 reports a sale of 692 shares on 09/22/2025 with a listed price of $412 per share.

How many Home Depot shares does the reporting person own after the transaction?

The filing shows 44,767.3463 shares beneficially owned following the reported transaction, held in a direct form.

What is the reporting person's role at Home Depot?

The reporting person, Richard V. McPhail, is listed as an EVP & CFO and an officer of the issuer.

When was the Form 4 signed and by whom?

The Form 4 was signed by Stephanie Bignon, Attorney-in-Fact on 09/24/2025.

Does this Form 4 include derivative transactions or option activity?

No. The document contains only a non-derivative sale entry and no derivative or option transactions are reported.