Home Depot SEC Filings

The Home Depot, Inc. is offering multiple series of unsecured senior notes to raise net proceeds to repay commercial paper issued to help finance its cash acquisition of GMS Inc. The company agreed to acquire GMS for $110 per share, implying ~ $4.3 billion equity value and ~ $5.5 billion enterprise value, and completed the acquisition on September 4, 2025. As of September 5, 2025, outstanding commercial paper totaled approximately $2.3 billion with an average interest rate of 4.3% and average maturity of ~ 49 days. The notes are issued in $2,000 denominations, will rank equally with other unsecured unsubordinated indebtedness, will not be exchange-listed, and contain limited indenture covenants that do not restrict leveraged transactions or require maintenance of financial ratios.

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.

William D. Bastek, listed as Executive Vice President, Merchandising of Home Depot (HD), reported related transactions on Form 4 dated 08/22/2025. He acquired 3,783 shares through a transaction coded "M" at a reported price of $130.22 per share and disposed of 3,783 shares in a sale coded "S" at a weighted average price reported as $410.23 per share. Following the transactions, Mr. Bastek’s beneficial ownership is reported as 24,235.2803 shares (direct).

The filing clarifies the sale prices ranged from $410.23 to $410.29 and states the options that generated the acquired shares have "vested in their entirety and are fully exercisable." The Form 4 is signed by an attorney-in-fact, Stephanie Bignon, on 08/25/2025.

Richard V. McPhail, EVP & CFO of Home Depot, Inc. (HD), reported transactions on 08/20/2025. The filing shows 3,369 employee stock options with a listed exercise/transaction price of $130.22 were reported with code M, and 3,369 common shares were sold with code S at $403.66. After the reported transactions the beneficial ownership figures shown are 48,824.0604 shares following the acquisition and 45,455.0604 shares following the disposition. The filer states the options "have vested in their entirety and are fully exercisable." The form is signed by an attorney-in-fact on behalf of Mr. McPhail on 08/22/2025.

Hector A. Padilla, EVP - US Sales and Operations at Home Depot, Inc. (HD), reported a sale of 1,585 shares of Home Depot common stock on 08/20/2025 at a weighted average price of $404.17 per share. After the reported transactions, the filing shows 13,928.5601 shares beneficially owned by the reporting person. The filing was signed on behalf of Mr. Padilla by an attorney-in-fact on 08/22/2025. The footnote clarifies the reported price is a weighted average for multiple sales executed between $404.14 and $404.34, and the reporting person will provide details on request.

Angie Brown, Executive Vice President & Chief Information Officer of Home Depot (HD), reported multiple transactions on Form 4. On 08/20/2025 she was recorded exercising or acquiring 1,000 employee stock options at an exercise price of $181.76 and selling 1,000 common shares at $404.07, leaving 3,836.6913 shares owned. On 08/21/2025 she received 628 restricted shares issued under the company Omnibus Stock Incentive Plan (vests 50% after 30 months and 50% after 60 months). The filing also shows previously exercised options and additional option grants exercisable through 2035, with ownership shown as direct.

Stephanie Smith, Executive Vice President—Human Resources at Home Depot (HD), reported acquisitions on 08/21/2025. She was issued 628 restricted shares under The Home Depot, Inc. Omnibus Stock Incentive Plan at a reported price of $0; those restricted shares vest 50% after 30 months and the remainder after 60 months. On the same date she acquired 2,516 employee stock options with a listed conversion/exercise price of $397.7 and an expiration date shown as 08/20/2035. The Form 4 shows 5,213.7941 shares beneficially owned following the restricted-share transaction and 2,516 options held after the reported grant. The filing was signed by an attorney-in-fact on 08/22/2025.

Edward P. Decker, Chair, President and CEO of Home Depot, Inc. (HD), reported insider transactions dated 08/21/2025. He exercised 32,897 employee stock options with an exercise price of $130.22 per share, resulting in the acquisition of 32,897 common shares. On the same date he sold 12,838 shares at a weighted-average price of $396.85 and 20,059 shares at a weighted-average price of $397.45. After these transactions he beneficially owned 122,424.5439 shares directly. The Form 4 was signed on 08/22/2025 by an attorney-in-fact for Mr. Decker. The filing notes the option grant had fully vested and that sale prices were reported as weighted averages across multiple trades.

Insider sale notice for Home Depot (HD): This Form 144 reports a proposed sale of 5,483 common shares through Merrill Lynch on the NYSE with an aggregate market value of $2,265,777.08 and an approximate sale date of 08/22/2025. The filing shows 4,103 of those shares were acquired on 08/22/2025 via exercise of stock awards and 1,380 shares were acquired on 02/25/2021 on vesting of a stock award; both are listed as compensatory payments. The filer previously sold 5,406 shares on 05/28/2025 for gross proceeds of $1,996,351.32. The notice includes the standard certification that the seller is not aware of undisclosed material adverse information.