Lowe's director awarded 1,003 deferred stock units
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,003 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
Deferred Stock Units financial
vested financial
Long Term Incentive Plan financial
FAQ
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What did the latest Form 4 disclose for Lowe's (LOW) director SCOTT BERTRAM L?
How many Lowe's (LOW) Deferred Stock Units were granted and what do they represent?
When do the newly granted Lowe's (LOW) Deferred Stock Units vest?
How many Lowe's (LOW) Deferred Stock Units does the director hold after this transaction?
How are dividends handled on Lowe's (LOW) Deferred Stock Units for the director?
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