[144] Lowe's Companies Inc. SEC Filing
The filer submitted a Form 144 notifying the proposed sale of 40,000 shares of common stock of Lowe's Companies, Inc. through Merrill Lynch at an aggregate market value of $10,564,070.30. The filing lists 560,437,659 shares outstanding and an approximate sale date of 08/20/2025 on the NYSE.
The securities were acquired as restricted stock units: 35,394 shares vested on 04/01/2024 (RSU vesting) and 4,606 shares were acquired on 04/04/2022 (RSU) with cash payment on that date. The filer reports no securities sold during the past three months and includes the required representation regarding material nonpublic information.
- Complete disclosure of sale details including broker, number of shares, aggregate market value, and approximate sale date
- Acquisition source provided (RSU vesting dates and amounts), aiding transparency about origin of shares
- No sales in prior three months reported, as stated in the filing
- None.
Insights
TL;DR: Routine Form 144 filing disclosing proposed insider sale of RSU-derived shares via broker; procedural disclosure, not unusual.
The notice documents a planned sale of 40,000 common shares through Merrill Lynch and provides acquisition details showing the shares originated from restricted stock units vesting in 2024 and 2022. The filing includes the aggregate market value, outstanding share count, and an approximate sale date, and states there were no sales in the prior three months. From a compliance perspective, the form supplies the standard information required under Rule 144: broker details, acquisition method, and the filer’s representation about material nonpublic information.
TL;DR: Disclosure shows an insider monetization event from vested RSUs; filing provides necessary transactional facts without operational detail.
The submission identifies the source of the shares as RSU vesting events and records the planned execution channel and timing. It does not report any recent sales in the prior three months and furnishes the number of shares outstanding and aggregate market value for the proposed sale. The content is transactional and procedural; it does not include financial performance, corporate actions, or other operational information.