Lowe's (NYSE: LOW) EVP awarded 5,141 restricted stock under incentive plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PRYOR JULIETTE WILLIAMS reported acquisition or exercise transactions in this Form 4 filing.
Lowe's Companies executive Juliette Williams Pryor received a grant of 5,141 shares of common stock as restricted stock under the 2006 Long Term Incentive Plan. The grant is a compensation-related award with no purchase price. These shares will fully vest on April 1, 2029, and her direct holdings total 35,240 shares after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PRYOR JULIETTE WILLIAMS
Role
EVP, CLO & Corp. Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,141 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 35,240 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock grant: 5,141 shares
Grant price: $0.00 per share
Shares after transaction: 35,240 shares
+1 more
4 metrics
Restricted stock grant
5,141 shares
Grant of common stock as restricted stock award
Grant price
$0.00 per share
Stated transaction price for restricted stock award
Shares after transaction
35,240 shares
Direct holdings following the award
Vesting date
April 1, 2029
Date when restricted shares fully vest
Key Terms
Restricted stock, 2006 Long Term Incentive Plan, vest, grant, award, or other acquisition
4 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.
2006 Long Term Incentive Plan financial
"Restricted stock granted pursuant to 2006 Long Term Incentive Plan."
vest financial
"These shares will fully vest on April 1, 2029."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did LOW report for Juliette Williams Pryor?
LOW reported that executive Juliette Williams Pryor received a grant of 5,141 shares of restricted common stock as compensation. The award was issued at no purchase price and increases her directly held stake in Lowe's Companies to 35,240 shares.
Is the LOW Form 4 transaction a market buy or a compensation award?
The LOW Form 4 shows a compensation award, not a market buy. The transaction is coded as a grant or award acquisition, with 5,141 restricted shares granted at $0.00 per share under the company’s 2006 Long Term Incentive Plan.
What role does Juliette Williams Pryor hold at Lowe's (LOW) in this Form 4?
In this Form 4, Juliette Williams Pryor is identified as an officer of Lowe's Companies, serving as Executive Vice President, Chief Legal Officer and Corporate Secretary. The restricted stock grant reflects equity-based compensation tied to this leadership role.