Lowe's (NYSE: LOW) CEO granted stock; shares withheld for taxes

Rhea-AI Filing Summary

LOWES COMPANIES INC Chairman, President & CEO Marvin R. Ellison reported routine equity compensation activity. On April 1, 2026 he had 7,875 common shares withheld at $235.98 per share to cover taxes on previously granted restricted stock that vested. On the same date he received a grant of 37,292 restricted shares under the 2006 Long Term Incentive Plan, which are scheduled to fully vest on April 1, 2029. Following these transactions, he directly owned 260,460 common shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Ellison Marvin R

Role Chairman, President & CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	7,875	$235.98	$1.86M
Grant/Award	Common Stock	37,292	$0.00	--

Holdings After Transaction: Common Stock — 223,168 shares (Direct)

Footnotes (1)

1. Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on April 1, 2023. Restricted stock granted pursuant to 2006 Long Term Incentive Plan. These shares will fully vest on April 1, 2029.

Key Figures

Tax withholding shares: 7,875 shares Tax withholding price: $235.98 per share Restricted stock grant: 37,292 shares +2 more

5 metrics

Tax withholding shares 7,875 shares Shares delivered to satisfy withholding taxes on vested restricted stock granted April 1, 2023

Tax withholding price $235.98 per share Value used for 7,875 shares withheld on April 1, 2026

Restricted stock grant 37,292 shares Restricted stock granted under 2006 Long Term Incentive Plan, vests April 1, 2029

Post-transaction holdings 260,460 shares Common stock directly owned by Marvin Ellison after April 1, 2026 transactions

Vesting date April 1, 2029 Date when 37,292 restricted shares are scheduled to fully vest

Key Terms

restricted stock, withholding taxes, 2006 Long Term Incentive Plan, tax-withholding disposition, +1 more

5 terms

restricted stock financial

"Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on April 1, 2023."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

withholding taxes financial

"Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on April 1, 2023."

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

2006 Long Term Incentive Plan financial

"Restricted stock granted pursuant to 2006 Long Term Incentive Plan. These shares will fully vest on April 1, 2029."

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ellison Marvin R

(Last) (First) (Middle)

1000 LOWES BOULEVARD

(Street)

MOORESVILLE NORTH CAROLINA 28117

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LOWES COMPANIES INC [ LOW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman, President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Stock	04/01/2026		F		7,875(1)	D	$235.98	223,168	D
Common Stock	04/01/2026		A		37,292(2)	A	$0	260,460	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:

1. Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on April 1, 2023.

2. Restricted stock granted pursuant to 2006 Long Term Incentive Plan. These shares will fully vest on April 1, 2029.

Remarks:

	By: /s/ Sandra Felton by power of attorney for: Marvin R. Ellison	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did LOW CEO Marvin Ellison report on this Form 4 for Lowe's (LOW)?

Marvin Ellison reported a tax-related share disposition and a new stock grant. He had 7,875 shares withheld to cover taxes on vesting restricted stock and received 37,292 new restricted shares that will fully vest on April 1, 2029.

Was Marvin Ellison’s share disposition in Lowe's (LOW) an open-market sale?

The disposition was not an open‑market sale. 7,875 shares were withheld by the company at $235.98 per share to satisfy withholding taxes due upon vesting of restricted stock granted on April 1, 2023, a routine compensation-related event.

How many Lowe's (LOW) shares did Marvin Ellison receive in his latest stock grant?

Marvin Ellison received a grant of 37,292 shares of Lowe’s common stock. These restricted shares were granted under the 2006 Long Term Incentive Plan and are scheduled to fully vest on April 1, 2029, aligning with long-term performance and retention incentives.

How many Lowe's (LOW) shares does Marvin Ellison hold after these Form 4 transactions?

After the reported transactions, Marvin Ellison directly owns 260,460 shares of Lowe’s common stock. This reflects both the 7,875 shares withheld for taxes and the 37,292 restricted shares awarded, as disclosed in the Form 4 filing’s post-transaction holdings figure.

What do the footnotes in Marvin Ellison’s Lowe's (LOW) Form 4 explain?

The footnotes explain that 7,875 shares were delivered to satisfy withholding taxes on restricted stock granted April 1, 2023, and that 37,292 restricted shares were granted under the 2006 Long Term Incentive Plan, scheduled to fully vest on April 1, 2029.