Lowe's director receives 1,003 deferred stock units

Lowe's Companies director Ralph Alvarez received a grant of 1,003 Deferred Stock Units as part of his board compensation.

Rhea-AI Filing Summary

Lowe's Companies director Ralph Alvarez received a grant of 1,003 Deferred Stock Units as part of his board compensation. These units are tied to Lowe's common stock and were granted at a stated price of $0.00 per unit.

The Deferred Stock Units vest 100% on the earlier of the first anniversary of the grant date and the day immediately preceding Lowe's 2027 Annual Meeting of Shareholders. Each unit will convert into one share of common stock after Mr. Alvarez’s service on the board ends. Following this grant, he holds a total of 42,913.648 Deferred Stock Units, including credits for dividends under the company’s 2006 Long Term Incentive Plan.

Insider Trade Summary

Grant/Award: 1,003 shares

Grant/Award 1 txn

Insider Alvarez Ralph

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	1,003	$0.00	$0.00

Holdings After Transaction: Deferred Stock Units — 42,913.648 contracts (Direct)

Footnotes (2)

1. 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.
2. 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

Deferred Stock Units granted: 1,003 units Price per Deferred Stock Unit: $0.00 Deferred Stock Units after grant: 42,913.648 units +2 more

5 metrics

Deferred Stock Units granted 1,003 units Grant on May 29, 2026

Price per Deferred Stock Unit $0.00 Grant price

Deferred Stock Units after grant 42,913.648 units Holdings following transaction

Underlying common shares 1,003 shares Each unit convertible into one share

Vesting milestone year 2027 By the 2027 Annual Meeting of Shareholders

Key Terms

Deferred Stock Units, Annual Meeting of Shareholders, 2006 Long Term Incentive Plan

3 terms

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.

Annual Meeting of Shareholders regulatory

"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

"the Reporting Person's deferred stock account under the Issuer's 2006 Long Term Incentive Plan, as amended and restated."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Ralph Alvarez report in this Form 4 for LOW?

Ralph Alvarez reported receiving a grant of 1,003 Deferred Stock Units as board compensation. These units are tied to Lowe’s common stock and increase his total deferred holdings, rather than reflecting an open-market stock purchase or sale.

How many Deferred Stock Units does Ralph Alvarez now hold at Lowe's (LOW)?

After the latest grant, Ralph Alvarez holds 42,913.648 Deferred Stock Units. This total includes the newly granted 1,003 units and prior balances with credited dividends under Lowe’s 2006 Long Term Incentive Plan, as amended and restated.

When do Ralph Alvarez’s newly granted Deferred Stock Units at LOW vest?

The 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 full vesting occurs once one of those two specified timing conditions is met.

When will the Deferred Stock Units convert into Lowe's common stock?

Each Deferred Stock Unit converts into one share of Lowe’s common stock immediately after Ralph Alvarez’s service on the board ends. The units are therefore designed as deferred compensation, settling only when his board tenure terminates.

Did Ralph Alvarez buy or sell Lowe's (LOW) shares in the market?

No open-market buy or sell transaction is reported here. The Form 4 shows a grant of 1,003 Deferred Stock Units at a stated price of $0.00 per unit, representing equity compensation rather than a discretionary market trade.

Do the Deferred Stock Units for LOW include dividend credits?

Yes, the total Deferred Stock Units include credits of dividends to Ralph Alvarez’s deferred stock account. These credits are provided under Lowe’s 2006 Long Term Incentive Plan, as amended and restated, and increase the number of deferred units over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/01/2026 - 04:04 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Alvarez Ralph

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	$0	05/29/2026		A		1,003		(1)	(1)	Common Stock	1,003	$0	42,913.648(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: Raul (Ralph) Alvarez	06/01/2026
	** Signature of Reporting Person	Date
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)