Lowe’s (LOW) director Lawrence Simkins granted 1,003 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LOWES COMPANIES INC director Lawrence Simkins received a grant of 1,003 Deferred Stock Units on May 29, 2026 as compensation. The grant price is shown as $0.00 per unit, and his total Deferred Stock Units increased to 3,061.554 after this award.
The units will be 100% vested on the earlier of the first anniversary of the grant date or the day immediately before the company’s 2027 Annual Meeting of Shareholders. Each Deferred Stock Unit will convert into one share of common stock immediately after Simkins’ service on the board ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Simkins Lawrence
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,003 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 3,061.554 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
Deferred Stock Units after grant: 3,061.554 units
Grant price per unit: $0.00 per unit
+2 more
5 metrics
Deferred Stock Units granted
1,003 units
Grant on May 29, 2026
Deferred Stock Units after grant
3,061.554 units
Holdings following transaction
Grant price per unit
$0.00 per unit
Compensation grant, not market purchase
Vesting condition
Earlier of 1-year anniversary or pre-2027 meeting
100% vesting schedule
Conversion ratio
1 unit : 1 share
Deferred Stock Units to common stock
Key Terms
Deferred Stock Units, Annual Meeting of Shareholders, Long Term Incentive Plan, vesting
4 terms
Deferred Stock Units financial
"The Deferred Stock Units shall be 100% vested on the earlier..."
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
"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.
vesting financial
"The Deferred Stock Units shall be 100% vested on the earlier of the first anniversary..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Lawrence Simkins report at Lowe's (LOW)?
Lawrence Simkins reported receiving 1,003 Deferred Stock Units as a grant, not an open-market purchase. The award increased his total Deferred Stock Units to 3,061.554 and represents standard director compensation rather than a discretionary trade in Lowe’s common stock.
When do Lawrence Simkins’ new Deferred Stock Units at LOW vest?
The 1,003 newly granted Deferred Stock Units become 100% vested on the earlier of the first anniversary of the May 29, 2026 grant date and the day immediately before Lowe’s 2027 Annual Meeting of Shareholders, providing a clearly defined vesting schedule tied to board service.
How many Deferred Stock Units does Lawrence Simkins hold after this LOW Form 4?
After the May 29, 2026 grant of 1,003 Deferred Stock Units, Simkins holds a total of 3,061.554 Deferred Stock Units. These units represent deferred rights tied to Lowe’s common stock, subject to the vesting and conversion conditions described in the award terms.
Is the Lawrence Simkins Form 4 for LOW a stock purchase or a compensation grant?
The filing reflects a compensation-related grant, coded as an acquisition under transaction code A. Simkins received 1,003 Deferred Stock Units at a stated price of $0.00 per unit, rather than buying shares on the open market, indicating routine non-cash director compensation.