Lowe's CEO receives stock award, withholds shares
LOWES COMPANIES INC Chairman, President & CEO Marvin R. Ellison reported routine equity compensation activity.
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Form Type
4
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 |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 7,875 | $235.98 | $1.86M |
| Grant/Award | Common Stock | 37,292 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 260,460 shares (Direct)
Holdings Before and After:
Common Stock, 231,043 to 260,460 shares (Direct)
Footnotes (2)
- F1. Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on April 1, 2023.
- F2. 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""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
