Lowe's (LOW) director Colleen Taylor receives 1,003 deferred stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LOWES COMPANIES INC director Colleen Taylor received a routine equity award. On this Form 4, Taylor was granted 1,003 Deferred Stock Units tied to the company’s common stock at a stated price of $0.00 per unit as director compensation.
The Deferred Stock Units will be fully vested on the earlier of the first anniversary of the grant date and the day immediately before the company’s 2027 Annual Meeting of Shareholders. Each unit will convert into one share of common stock after Taylor’s service on the Board ends, and the holding balance after this grant is 5,314.115 Deferred Stock Units, including credited dividends under the company’s 2006 Long Term Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Taylor Colleen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,003 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 5,314.115 shares (Direct, null)
Footnotes (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. 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 unit: $0.00 per unit
Units after transaction: 5,314.115 units
+1 more
4 metrics
Deferred Stock Units granted
1,003 units
Grant on 2026-05-29 as director award
Price per unit
$0.00 per unit
Stated grant price for Deferred Stock Units
Units after transaction
5,314.115 units
Total Deferred Stock Units following the award
Vesting milestone
2027 Annual Meeting reference
Fully vests by day before 2027 Annual Meeting or first anniversary
Key Terms
Deferred Stock Units, Annual Meeting of Shareholders, 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 of the date of grant..."
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.
Long Term Incentive Plan financial
"Includes the credit of dividends to the Reporting Person's deferred stock account under the Issuer's 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.
FAQ
What did Colleen Taylor acquire in this Lowe's (LOW) Form 4 filing?
Colleen Taylor acquired 1,003 Deferred Stock Units as director compensation. These units are tied to Lowe's common stock and were granted at a stated price of $0.00 per unit, representing a non-cash equity award rather than an open-market purchase.
When do Colleen Taylor’s new Lowe's (LOW) Deferred Stock Units 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 provides a clear time frame for full vesting of this director equity award.
How many Lowe's (LOW) Deferred Stock Units does Colleen Taylor hold after this grant?
After this grant, Colleen Taylor holds 5,314.115 Deferred Stock Units. This total includes the 1,003-unit award reported in the filing and additional units credited from dividends under Lowe's 2006 Long Term Incentive Plan.
How are Colleen Taylor’s Lowe's (LOW) Deferred Stock Units settled in common stock?
Each Deferred Stock Unit converts into one share of Lowe's common stock. Conversion occurs immediately after Colleen Taylor’s service as a member of the company’s Board of Directors ends, aligning the award with her term of board service.
Do Colleen Taylor’s Lowe's (LOW) Deferred Stock Units receive dividend credits?
Yes, the balance includes dividend credits to Taylor’s deferred stock account. These credits are made under Lowe's 2006 Long Term Incentive Plan, as amended and restated, effectively mirroring dividend value on the deferred units over time.