Lowes Companies SEC Filings

Laurie Z. Douglas, a director of Lowes Companies Inc (LOW), had 59.687 units of phantom stock credited to her deferred stock account on 09/30/2025 under the company’s Directors' Deferred Compensation Plan. Each phantom stock unit is the economic equivalent of one share of common stock and is payable in cash when the reporting person ceases to be a director. The filing records an acquisition at an implied per-unit value of $251.31 and reports 4,633.793 shares (or economic-equivalent units) beneficially owned following the transaction; the reported entry also includes dividend credits to the deferred stock account. The Form 4 was signed by Sandra Felton by power of attorney for Laurie Z. Douglas on 10/02/2025.

The filing reports that Richard W. Dreiling, a director of Lowe's Companies, Inc. (LOW), received a credit of 218.853 units of Phantom Stock to his deferred stock account under the company's Directors' Deferred Compensation Plan on 09/30/2025. Each phantom share is economically equivalent to one share of common stock and will be payable in cash when he ceases to be a director. The filing shows 18,648.779 common-stock-equivalent units owned following the transaction and records a per-share reference price of $251.31.

Brian C. Rogers, a director of Lowe's Companies, Inc. (LOW), reported a transaction dated 09/30/2025 crediting 99.479 units of Phantom Stock to his deferred stock account under the company's Directors' Deferred Compensation Plan. Each unit is the economic equivalent of one share of common stock and becomes payable in cash when the director ceases to serve.

The filing shows the phantom stock valued at $251.31 per share and notes 5,280.714 shares beneficially owned following the transaction, including credited dividends. The Form 4 was signed by power of attorney on 10/02/2025.

Lawrence Simkins, a director of Lowes Companies Inc (LOW), had 99.479 units of phantom stock credited to his Directors' Deferred Compensation Plan account on 09/30/2025. Each phantom share is the economic equivalent of one common share and was assigned a per-share value of $251.31, resulting in 633.971 shares of common stock beneficially owned following the transaction. The phantom stock entitles the reporting person to the cash value upon ceasing to be a director, and the reported balance includes credited dividends. The Form 4 was executed by power of attorney on 10/02/2025.

Colleen Taylor, a director of Lowe's Companies, Inc. (LOW), was credited with 99.479 units of phantom stock under the Issuer's Directors' Deferred Compensation Plan on 09/30/2025. Each phantom stock unit equals one share of common stock and is payable in cash when the reporting person ceases to be a director. The filing shows a reported per-unit value of $251.31 and discloses 1,198.539 shares beneficially owned following the transaction, which includes credited dividends to the deferred stock account. The Form 4 was signed by power of attorney on 10/02/2025.

Lowe's Companies, Inc. filed an 8-K reporting underwriting and indenture documents related to a note offering. The filing references an Underwriting Agreement dated September 23, 2025 among BofA Securities, Goldman Sachs & Co. LLC and Wells Fargo Securities, LLC as representatives of the underwriters, and a Twenty-Third Supplemental Indenture dated September 30, 2025 with U.S. Bank Trust Company, National Association as successor trustee. The filing includes forms of notes carrying stated coupon rates and maturities: 3.950% due October 15, 2027, 4.000% due October 15, 2028, 4.250% due March 15, 2031, 4.500% due October 15, 2032, and 4.850% due October 15, 2035. Legal opinions and consents from Moore & Van Allen PLLC and Freshfields US LLP are included, and the filing is signed by Juliette W. Pryor.

Lowe's Companies, Inc. prospectus supplement describes debt financing and liquidity arrangements connected with recent acquisitions and refinancing plans. The company entered a 364-day Bridge Loan Facility in an aggregate principal amount of $9.0 billion (a $5.0 billion tranche and a $4.0 billion tranche). On September 16, 2025, Lowe's also entered a $2.0 billion unsecured term loan facility (maturing on the third anniversary of funding), a $2.0 billion unsecured revolving loan facility (maturing on the fifth anniversary) to replace its prior revolving facility, and a $1.0 billion 364-day unsecured revolving credit facility. The company states it does not expect to draw on the Bridge Loan Facility at closing of the FBM Acquisition and intends to use the New Term Loan Facility, the Revolving Credit Facilities and net proceeds from the offered Notes to refinance the Bridge Loan Facility in full. The prospectus includes descriptions of multiple series of notes (amounts, rates and maturity dates are redacted in the provided text) and customary redemption, tax and transfer provisions.

Lowe's Companies, Inc. announced it will acquire all shares of ASP Flag Parent Holdings, Inc. for approximately $8.8 billion. To fund a portion of the purchase price and support its commercial paper program, the company entered on September 16, 2025 into a $2.0 billion 5-year unsecured revolving credit agreement and a $2.0 billion unsecured term loan facility that matures in three years. These commitments replaced corresponding amounts of a previously disclosed 364-day bridge facility, leaving up to $5.0 billion of bridge commitments still outstanding that the company expects to replace through capital markets transactions. The company also established a $1.0 billion 364-day unsecured revolving credit facility for general corporate purposes and executed an amendment removing the SOFR credit spread adjustment from an existing credit agreement.

Insider sale to cover taxes after restricted shares vested; holdings remain material. Quonta D. Vance, Executive Vice President, Pro & Home Services at Lowe's Companies, reported a disposition of 344 shares of Lowe's common stock on 09/15/2025 at a price of $272.09 per share. The filing states these shares were delivered to satisfy withholding taxes due upon vesting of restricted shares granted on 09/15/2022. After the transaction, Mr. Vance beneficially owns 21,810 shares, which includes 55 shares acquired under the Lowe's Employee Stock Purchase Plan.