Lowe's (NYSE: LOW) director granted 1,003 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LOWES COMPANIES INC director Laurie Z. Douglas received a grant of 1,003 Deferred Stock Units as compensation. These units carry no purchase price and increase her deferred stock-based holdings to 19,812.585 units tied to the company’s common stock.
The Deferred Stock Units will be 100% 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 her service on the board ends, and the balance also reflects credited dividends under the company’s long-term incentive plan.
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 | Deferred Stock Units | 1,003 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 19,812.585 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 Deferred Stock Unit: $0.00 per unit
Total Deferred Stock Units after grant: 19,812.585 units
+2 more
5 metrics
Deferred Stock Units granted
1,003 units
Grant/award acquisition on 2026-05-29
Price per Deferred Stock Unit
$0.00 per unit
Compensation-related grant, not open-market purchase
Total Deferred Stock Units after grant
19,812.585 units
Holdings following reported transaction
Vesting condition
100% by day before 2027 annual meeting
Earlier of first anniversary of grant or pre-2027 meeting
Underlying common stock
1,003 shares
Each Deferred Stock Unit corresponds to one common share
Key Terms
Deferred Stock Units, Annual Meeting of Shareholders, Long Term Incentive Plan, deferred stock account
4 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.
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."
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.
deferred stock account financial
"Includes the credit of dividends to the Reporting Person's deferred stock account..."
FAQ
What insider transaction did LOW director Laurie Z. Douglas report on this Form 4?
Laurie Z. Douglas reported receiving a grant of 1,003 Deferred Stock Units linked to LOWES COMPANIES INC common stock. This is a compensation-related award, not an open-market share purchase or sale, and increases her deferred stock-based holdings.
How many Deferred Stock Units does Laurie Z. Douglas hold after this LOW grant?
Following the grant, Laurie Z. Douglas holds 19,812.585 Deferred Stock Units. These units represent deferred rights tied to Lowe’s common stock, including prior awards and credited dividends under the company’s long-term incentive plan.
When do Laurie Z. Douglas’s new LOW Deferred Stock Units vest?
The new Deferred Stock Units will be 100% vested on the earlier of the first anniversary of the grant date and the day immediately before LOWES COMPANIES INC’s 2027 Annual Meeting of Shareholders, providing a clear vesting timeline.
Was this LOW transaction a stock purchase or sale by Laurie Z. Douglas?
No. The Form 4 shows a grant/award acquisition of Deferred Stock Units at a price of $0.00 per unit. It reflects director compensation rather than an open-market stock purchase or sale by Laurie Z. Douglas.
Do Laurie Z. Douglas’s LOW Deferred Stock Units include credited dividends?
Yes. The reported total Deferred Stock Units includes the credit of dividends to Laurie Z. Douglas’s deferred stock account under LOWES COMPANIES INC’s 2006 Long Term Incentive Plan, as amended and restated, increasing her deferred balance over time.