Lowe’s Companies (NYSE: LOW) director adds 70 phantom stock units in deferred pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOUGLAS LAURIE Z reported acquisition or exercise transactions in this Form 4 filing.
LOWES COMPANIES INC director Laurie Z. Douglas received a grant of phantom stock as deferred compensation under the company’s Directors’ Deferred Compensation Plan. The award covers 70.423 phantom stock units, each economically equivalent to one share of common stock, bringing her deferred phantom stock balance to 4,899.465 units. She becomes entitled to the cash value of these units upon ceasing to be a director, and the balance includes credited dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DOUGLAS LAURIE Z
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 70.423 | $213.00 | $15K |
Holdings After Transaction:
Phantom Stock — 4,899.465 shares (Direct, null)
Footnotes (1)
- Represents the credit of deferred compensation to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock. The Reporting Person becomes entitled to the cash value of the phantom stock upon ceasing to be a director of the Issuer. Includes the credit of dividends to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan.
Key Figures
Phantom stock units granted: 70.423
Indicative price per phantom unit: $213.0000
Total phantom stock units after grant: 4,899.465
+1 more
4 metrics
Phantom stock units granted
70.423
Grant of phantom stock units credited on 2026-07-09
Indicative price per phantom unit
$213.0000
Value basis per phantom stock unit for the 70.423-unit grant
Total phantom stock units after grant
4,899.465
Deferred stock account balance following the reported transaction
Underlying common shares per unit
1
Each phantom stock unit is the economic equivalent of one share of common stock
Key Terms
Phantom Stock, Directors' Deferred Compensation Plan, deferred compensation, economic equivalent
4 terms
Phantom Stock financial
"Each share of phantom stock is the economic equivalent of one share of common stock."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Directors' Deferred Compensation Plan financial
"under the Issuer's Directors' Deferred Compensation Plan."
deferred compensation financial
"Represents the credit of deferred compensation to the Reporting Person's deferred stock account"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
economic equivalent financial
"Each share of phantom stock is the economic equivalent of one share of common stock."
FAQ
What did Laurie Z. Douglas report in this Form 4 for LOW?
Laurie Z. Douglas reported a grant of 70.423 phantom stock units of Lowe’s, awarded as deferred compensation under the Directors’ Deferred Compensation Plan, economically equivalent to common shares.
How many phantom stock units does Laurie Z. Douglas now hold at LOW?
After the reported grant, Laurie Z. Douglas holds a total of 4,899.465 phantom stock units at Lowe’s, including prior awards and credited dividends in her deferred stock account.
What is the value basis of the phantom stock granted to Laurie Z. Douglas at LOW?
The 70.423 phantom stock units were credited at an indicated price of $213.0000 per unit, with each unit economically equivalent to one share of Lowe’s common stock.
When does Laurie Z. Douglas receive payment for her LOW phantom stock units?
Laurie Z. Douglas becomes entitled to the cash value of her Lowe’s phantom stock units when she ceases to be a director, according to the Directors’ Deferred Compensation Plan.
Does Laurie Z. Douglas’s LOW phantom stock include dividends?
Yes. The reported balance of 4,899.465 phantom stock units for Laurie Z. Douglas includes the credit of dividends to her deferred stock account under Lowe’s Directors’ Deferred Compensation Plan.