Lowe’s exec receives restricted stock award
Lowe's Companies executive Quonta D. Vance reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
Lowe's Companies executive Quonta D. Vance reported routine equity compensation activity. He received a grant of 4,793 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, 327 shares were delivered to cover withholding taxes due upon vesting of restricted shares granted on April 1, 2023, a tax-withholding disposition rather than an open-market sale. After these transactions, Vance directly holds 26,116 shares of Lowe's common stock.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Vance Quonta D
Role
EVP, Pro & Home Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 327 | $235.98 | $77K |
| Grant/Award | Common Stock | 4,793 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 26,116 shares (Direct)
Footnotes (2)
- F1. Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on April 1, 2023.
- F2. Restricted stock granted pursuant to 2006 Long Term Incentive Plan. These shares will fully vest on April 1, 2029.
Key Figures
Restricted stock grant: 4,793 shares
Tax-withholding shares: 327 shares
Holding after grant: 26,116 shares
+3 more
6 metrics
Restricted stock grant
4,793 shares
Common stock awarded at $0.0000 per share on April 1, 2026
Tax-withholding shares
327 shares
Delivered at $235.98 per share to satisfy withholding taxes
Holding after grant
26,116 shares
Total Lowe’s common stock directly held after transactions
Price used for withholding
$235.98 per share
Value applied to 327 shares for tax-withholding disposition
Vesting date of new grant
April 1, 2029
Full vesting date for 4,793 restricted shares
Original grant vest triggering taxes
April 1, 2023 grant
Earlier restricted shares whose vesting caused tax-withholding delivery
Key Terms
restricted stock, withholding taxes, Long Term Incentive Plan, tax-withholding disposition, +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.
withholding taxes financial
"Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting"
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.
Long Term Incentive Plan financial
"Restricted stock granted pursuant to 2006 Long Term Incentive Plan."
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Quonta D. Vance report for LOW on April 1, 2026?
Quonta D. Vance reported receiving 4,793 restricted shares of Lowe’s common stock and delivering 327 shares to cover tax withholding on vested stock. These are compensation-related movements, not open-market purchases or sales, and leave him with 26,116 directly held shares.
Was the LOW Form 4 transaction by Quonta D. Vance a stock sale?
The Form 4 shows no open-market sale. Instead, 327 shares were delivered to satisfy withholding taxes on vested restricted shares, while 4,793 new restricted shares were granted as compensation. This is categorized as a tax-withholding disposition, not a discretionary share sale.
What are the vesting terms for the new LOW restricted stock granted to Quonta D. Vance?
The 4,793 restricted Lowe’s shares were granted under the 2006 Long Term Incentive Plan and will fully vest on April 1, 2029. Until vesting, the award remains subject to service or performance conditions specified in the long-term incentive program.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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