LOW Form 4: Quonta D. Vance Disposes 344 Shares to Cover Taxes

Rhea-AI Filing Summary

Insider sale to cover taxes after restricted shares vested; holdings remain material. Quonta D. Vance, Executive Vice President, Pro & Home Services at Lowe's Companies, reported a disposition of 344 shares of Lowe's common stock on 09/15/2025 at a price of $272.09 per share. The filing states these shares were delivered to satisfy withholding taxes due upon vesting of restricted shares granted on 09/15/2022. After the transaction, Mr. Vance beneficially owns 21,810 shares, which includes 55 shares acquired under the Lowe's Employee Stock Purchase Plan.

Positive

• Reporting person retains meaningful ownership with 21,810 shares after the transaction
• Disposition was for tax withholding on vested restricted shares, indicating a non-speculative reason for sale
• Participation in ESPP evidenced by 55 shares acquired under the plan

Negative

• Shares were disposed (344 shares sold) which reduces direct holdings
• Sale price reported at $272.09 may realize taxable event for the reporting person

Insights

Corporate Governance Expert

TL;DR Insider disposed of shares solely to satisfy tax withholding; ongoing ownership remains significant.

The Form 4 shows a routine tax-withholding disposition following vesting of restricted stock. The sale of 344 shares at $272.09 is documented as delivered to satisfy withholding obligations, not a market-driven divestiture. Beneficial ownership after the transaction is 21,810 shares, indicating continued alignment with shareholders. This disclosure is procedural and carries limited governance concern given the stated purpose.

Securities Analyst

TL;DR Transaction is administrative; no evidence of a change in investment stance from the reporting person.

The record notes the disposition date and exact price, consistent with standard tax-withholding on vested restricted shares. Inclusion of 55 ESPP shares in direct holdings provides additional context on employee participation. There is no indication of additional sales, option exercises, or derivative activity in this filing.

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^*

Vance Quonta D

(Last) (First) (Middle)

1000 LOWES BOULEVARD

(Street)

MOORESVILE NC 28117

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LOWES COMPANIES INC [ LOW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Pro & Home Services

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common Stock	09/15/2025		F		344(1)	D	$272.09	21,810(2)	D

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

Explanation of Responses:

1. Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on September 15, 2022.

2. Direct holdings include 55 shares acquired under the Lowe's Employee Stock Purchase Plan.

Remarks:

	By: /s/ Sandra Felton by power of attorney for: Quonta D. Vance	09/16/2025
	** 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.

FAQ

What did Quonta D. Vance report on Form 4 for LOW?

He reported a disposition of 344 shares on 09/15/2025 at $272.09 per share to satisfy withholding taxes from vested restricted shares.

How many Lowe's (LOW) shares does the reporting person beneficially own after the transaction?

21,810 shares are reported as beneficially owned following the transaction.

Was the reported sale related to a Rule 10b5-1 plan or other trading plan?

The filing does not indicate the transaction was made pursuant to a Rule 10b5-1 plan; it states shares were delivered to satisfy tax withholding on vested restricted shares.

Does the Form 4 show any derivative transactions for the reporting person?

No derivative securities or option transactions are reported in this Form 4.

Does the filing disclose participation in the Lowe's Employee Stock Purchase Plan (ESPP)?

Yes. The remarks state direct holdings include 55 shares acquired under the Lowe's ESPP.