Lowe’s (NYSE: LOW) EVP Vagell granted stock and settles tax with shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LOWE'S Companies executive Margrethe R. Vagell reported routine equity compensation and related tax withholding in company stock. On April 1, 2026, she received a grant of 4,653 shares of common stock as a restricted stock award under the 2006 Long Term Incentive Plan, with these shares scheduled to fully vest on April 1, 2029. On the same date, 214 shares were delivered back to the company to satisfy withholding taxes due upon vesting of restricted shares granted on April 1, 2023, a non‑market "F" code tax‑withholding disposition. Following these transactions, she directly holds 23,117 shares, which include 106 shares acquired through the Lowe's Employee Stock Purchase Plan, and indirectly holds 890.6466 shares through a 401(k) plan. The filing shows no open‑market purchases or sales, reflecting standard compensation and tax-settlement activity rather than discretionary trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Vagell Margrethe R
Role
EVP, Supply Chain
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 214 | $235.98 | $50K |
| Grant/Award | Common Stock | 4,653 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,464 shares (Direct);
Common Stock — 890.647 shares (Indirect, by 401(k) Plan)
Footnotes (1)
- Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on April 1, 2023. Direct holdings include 106 shares acquired under the Lowe's Employee Stock Purchase Plan. Restricted stock granted pursuant to 2006 Long Term Incentive Plan. These shares will fully vest on April 1, 2029.
Key Figures
Restricted stock grant: 4,653 shares
Tax-withholding shares delivered: 214 shares
Direct holdings after transactions: 23,117 shares
+2 more
5 metrics
Restricted stock grant
4,653 shares
Awarded April 1, 2026 under 2006 Long Term Incentive Plan
Tax-withholding shares delivered
214 shares
Withholding on vesting of restricted shares granted April 1, 2023
Direct holdings after transactions
23,117 shares
Common stock held directly by Margrethe R. Vagell
Indirect 401(k) holdings
890.6466 shares
Common stock held indirectly by 401(k) plan
ESPP shares included
106 shares
Included within direct holdings via Employee Stock Purchase Plan
Key Terms
restricted stock, 2006 Long Term Incentive Plan, withholding taxes, Employee Stock Purchase Plan, +1 more
5 terms
restricted stock financial
"Restricted stock granted pursuant to 2006 Long Term Incentive Plan."
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.
2006 Long Term Incentive Plan financial
"Restricted stock granted pursuant to 2006 Long Term Incentive Plan."
withholding taxes financial
"Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares."
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.
Employee Stock Purchase Plan financial
"Direct holdings include 106 shares acquired under the Lowe's Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
401(k) Plan financial
"total_shares_following_transaction":"890.6466" ... "nature_of_ownership":"by 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What did LOW executive Margrethe Vagell report in this Form 4 filing?
She reported a routine equity grant and related tax withholding. Vagell received 4,653 restricted shares and delivered 214 shares to cover taxes on a prior restricted share vesting, with no open-market trades involved.