STOCK TITAN

Lowe’s (NYSE: LOW) director Dreiling receives 1,003 deferred stock units

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

Rhea-AI Filing Summary

LOWES COMPANIES INC director Richard W. Dreiling received an equity-based compensation grant of 1,003 Deferred Stock Units on common stock. These units vest 100% on the earlier of the first anniversary of the grant date or the day before the company’s 2027 Annual Meeting of Shareholders. Each vested Deferred Stock Unit will convert into one share of common stock immediately after Dreiling’s service on the Board ends. Following this grant, he holds a total of 40,948.054 Deferred Stock Units directly, including credited dividends under the company’s 2006 Long Term Incentive Plan.

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Insider DREILING RICHARD W
Role null
Type Security Shares Price Value
Grant/Award Deferred Stock Units 1,003 $0.00 --
Holdings After Transaction: Deferred Stock Units — 40,948.054 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 Grant on 2026-05-29 as director equity award
Price per unit $0.0000 per unit Grant price indicates compensation, not a market purchase
Deferred Stock Units after grant 40,948.054 units Total direct holdings following the reported transaction
Vesting trigger Earlier of first anniversary or pre-2027 meeting 100% vesting schedule for the new Deferred Stock Units
Conversion ratio 1 unit : 1 share Each Deferred Stock Unit converts into one common share after Board service ends
Deferred Stock Units financial
"The Deferred Stock Units shall be 100% vested on the earlier of the first anniversary of the date of grant..."
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.
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.
2006 Long Term Incentive Plan financial
"deferred stock account under the Issuer's 2006 Long Term Incentive Plan, as amended and restated."
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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*
DREILING RICHARD W

(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$040,948.054(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: Richard W. Dreiling06/01/2026
** 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 Richard W. Dreiling report in this Form 4 for LOW?

Richard W. Dreiling reported receiving 1,003 Deferred Stock Units tied to Lowe’s common stock as equity compensation. The units were granted at no cash cost and increase his total deferred stock holdings to 40,948.054 units under the company’s long-term incentive arrangements.

How do Richard W. Dreiling’s Deferred Stock Units at LOW vest?

The 1,003 Deferred Stock Units vest 100% on the earlier of the first anniversary of the grant date or the day immediately before Lowe’s 2027 Annual Meeting. This schedule means his award becomes fully earned based on continued Board service through that earlier milestone.

When do Dreiling’s Deferred Stock Units convert into LOW common shares?

Each Deferred Stock Unit converts into one share of Lowe’s common stock immediately after Richard W. Dreiling’s service as a Board member ends. This structure defers share delivery until he leaves the Board, aligning the award with long-term governance and oversight responsibilities.

How many Deferred Stock Units does Dreiling hold after this LOW grant?

After this grant, Richard W. Dreiling directly holds 40,948.054 Deferred Stock Units. This figure includes the new 1,003-unit award and prior units accumulated, as well as credited dividends recorded in his deferred stock account under the company’s 2006 Long Term Incentive Plan.

What role do dividends play in Dreiling’s LOW deferred stock account?

His deferred stock holdings include the credit of dividends to his deferred stock account under Lowe’s 2006 Long Term Incentive Plan. Instead of cash, dividends are credited as additional deferred units, gradually increasing his total Deferred Stock Unit balance over time.