Lowe's (NYSE: LOW) director Navdeep Gupta gets 1,003 deferred units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lowe's Companies director Navdeep Gupta reported a compensation-related award of 1,003 Deferred Stock Units tied to the company’s common stock. These units were granted at no cash cost and will be 100% vested on the earlier of the first anniversary of the grant date or the day immediately before the 2027 annual shareholder meeting. Each unit converts into one share of Lowe’s common stock after Gupta’s board service ends. Following this grant and credited dividends, he holds a total of 3,061.554 Deferred Stock Units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gupta Navdeep
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,003 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 3,061.554 shares (Direct, null)
Footnotes (1)
- The Deferred Stock Units shall be 100% vested on the earlier of the first anniversary of the date of grant and the day immediately preceding the Issuer's 2027 Annual Meeting of Shareholders. Each Deferred Stock Unit shall convert into one share of the Issuer's common stock immediately after termination of the Reporting Person's service as a member of the Board of Directors of the Issuer. Includes the credit of dividends to the Reporting Person's deferred stock account under the Issuer's 2006 Long Term Incentive Plan, as amended and restated.
Key Figures
Deferred Stock Units granted: 1,003 units
Total Deferred Stock Units after grant: 3,061.554 units
Grant price per unit: $0.0000 per unit
+2 more
5 metrics
Deferred Stock Units granted
1,003 units
Grant to director Navdeep Gupta on May 29, 2026
Total Deferred Stock Units after grant
3,061.554 units
Director Navdeep Gupta’s deferred stock balance after award
Grant price per unit
$0.0000 per unit
Compensation-related award, no cash paid by director
Vesting condition
100% by 2027 meeting/first anniversary
Earlier of first anniversary or day before 2027 Annual Meeting of Shareholders
Conversion ratio
1 unit : 1 share
Each Deferred Stock Unit converts into one share of common stock
Key Terms
Deferred Stock Units, 2006 Long Term Incentive Plan, Annual Meeting of Shareholders, Board of Directors
4 terms
Deferred Stock Units financial
"The Deferred Stock Units shall be 100% vested on the earlier of the first anniversary..."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
2006 Long Term Incentive Plan financial
"Includes the credit of dividends to the Reporting Person's deferred stock account under the Issuer's 2006 Long Term Incentive Plan..."
Board of Directors financial
"after termination of the Reporting Person's service as a member of the Board of Directors of the Issuer."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.