STOCK TITAN

Lowe's (NYSE: LOW) director granted 1,003 deferred stock units as board compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lowe's Companies director SCOTT BERTRAM L received a grant of 1,003 Deferred Stock Units, each tied to one share of Lowe's common stock. These units were awarded at a stated price of $0.00 as part of director compensation.

The Deferred Stock Units will be 100% vested on the earlier of the first anniversary of the grant date or the day immediately before Lowe's 2027 Annual Meeting of Shareholders. After the director’s board service ends, each unit converts into one share of common stock. Following this grant, the director holds a total of 17,120.967 Deferred Stock Units, which includes credited dividends under Lowe's 2006 Long Term Incentive Plan.

Positive

  • None.

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Insider SCOTT BERTRAM L
Role null
Type Security Shares Price Value
Grant/Award Deferred Stock Units 1,003 $0.00 --
Holdings After Transaction: Deferred Stock Units — 17,120.967 shares (Direct, null)
Footnotes (1)
  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.
Deferred Stock Units granted 1,003 units Award of Deferred Stock Units on 2026-05-29
Total Deferred Stock Units after grant 17,120.967 units Holdings following the transaction
Grant price $0.00 per unit Stated transaction price for Deferred Stock Units
Underlying common stock 1,003 shares Each Deferred Stock Unit tied to one common share
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.
vested financial
"The Deferred Stock Units shall be 100% vested on the earlier of the first anniversary"
Long Term Incentive Plan financial
"deferred stock account under the Issuer's 2006 Long Term Incentive Plan, as amended and restated"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
Annual Meeting of Shareholders financial
"the day immediately preceding the Issuer's 2027 Annual Meeting of Shareholders"
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
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SEC Form 4
FORM 4UNITED 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*
SCOTT BERTRAM L

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units$005/29/2026A1,003 (1) (1)Common Stock1,003$017,120.967(2)D
Explanation of Responses:
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.
2. 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.
Remarks:
By: /s/ Sandra Felton by power of attorney for: Bertram L. Scott06/01/2026
** Signature of Reporting PersonDate
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 did the latest Form 4 disclose for Lowe's (LOW) director SCOTT BERTRAM L?

The Form 4 shows that director SCOTT BERTRAM L received a grant of 1,003 Deferred Stock Units. These units represent future rights to Lowe's common stock and are part of his board compensation, bringing his total Deferred Stock Units to 17,120.967 after the grant.

How many Lowe's (LOW) Deferred Stock Units were granted and what do they represent?

The director was granted 1,003 Deferred Stock Units, each linked to one share of Lowe's common stock. These units are bookkeeping entries, not current shares, and will eventually convert into common stock after the director’s service on the board ends, subject to the plan terms.

When do the newly granted Lowe's (LOW) Deferred Stock Units vest?

The Deferred Stock Units will be 100% vested on the earlier of the first anniversary of the grant date or the day immediately before Lowe’s 2027 Annual Meeting of Shareholders. Full vesting means the director’s right to these units is no longer forfeitable under the award terms.

When will Lowe's (LOW) Deferred Stock Units convert into common shares for the director?

Each Deferred Stock Unit will convert into one share of Lowe’s common stock immediately after the director’s service on the Board of Directors ends. This means actual shares are issued only upon termination of board service, not at the time the award is granted or when it vests.

How many Lowe's (LOW) Deferred Stock Units does the director hold after this transaction?

After this grant, the director holds a total of 17,120.967 Deferred Stock Units. This total includes both the new 1,003-unit award and previously accumulated units, as well as credits for dividends to his deferred stock account under Lowe’s 2006 Long Term Incentive Plan.

How are dividends handled on Lowe's (LOW) Deferred Stock Units for the director?

Dividends on Lowe’s common stock are credited as additional amounts to the director’s deferred stock account under the 2006 Long Term Incentive Plan. This increases his total Deferred Stock Units over time, reflected in the 17,120.967 units reported after the latest grant.