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Lowe’s EVP Godbole granted 396 restricted shares

LOWES COMPANIES INC (LOW) reported that EVP, CI & AI Officer Seemantini Godbole received a grant of 396 shares of restricted common stock on September 15, 2026 under the 2006 Long Term Incentive Plan, at a stated price of $0.00 per share.

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Form Type
4

Rhea-AI Filing Summary

LOWES COMPANIES INC (LOW) reported that EVP, CI & AI Officer Seemantini Godbole received a grant of 396 shares of restricted common stock on September 15, 2026 under the 2006 Long Term Incentive Plan, at a stated price of $0.00 per share. These shares will fully vest on September 15, 2029, and her direct holdings after the grant total 49,449 shares, including 58 shares acquired through the Lowe's Employee Stock Purchase Plan. No Rule 10b5-1 trading plan is indicated.

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Insider Godbole Seemantini
Role EVP, CI & AI Officer
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 396 $0.00 $0.00
Holdings After Transaction: Common Stock — 49,449 shares (Direct)
Footnotes (2)
  1. F1. Restricted stock granted pursuant to 2006 Long Term Incentive Plan. These shares will fully vest on September 15, 2029.
  2. F2. Direct holdings include 58 shares acquired under the Lowe's Employee Stock Purchase Plan.
Restricted stock granted 396 shares Grant of restricted common stock on September 15, 2026
Grant price per share $0.00 per share Stated transaction price for the restricted stock award
Shares held after transaction 49,449 shares Direct holdings of Seemantini Godbole following the grant
ESPP shares included in holdings 58 shares Portion of direct holdings acquired under Lowe's Employee Stock Purchase Plan
Vesting date of restricted stock September 15, 2029 Date when the 396 restricted shares will fully vest
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."
Employee Stock Purchase Plan financial
"Direct holdings include 58 shares acquired under the Lowe's Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is indicated."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did LOW executive Seemantini Godbole report on this Form 4 for LOW?

She reported a grant of 396 shares of Lowe’s common stock as restricted stock on September 15, 2026, categorized as a grant, award, or other acquisition under the company’s 2006 Long Term Incentive Plan.

What type of shares did Seemantini Godbole receive from LOW on September 15, 2026?

She received restricted stock in the form of 396 shares of Lowe’s common stock, granted pursuant to the company’s 2006 Long Term Incentive Plan, with no cash price paid per share stated.

When will the restricted stock granted to Seemantini Godbole by LOW fully vest?

The filing states that the 396 restricted shares granted to Seemantini Godbole will fully vest on September 15, 2029, five years after the reported grant date.

How many LOW shares does Seemantini Godbole hold directly after this reported grant?

After the reported grant, Seemantini Godbole directly holds 49,449 shares of Lowe’s common stock, which the filing notes includes 58 shares acquired under the Lowe's Employee Stock Purchase Plan.

Was the LOW Form 4 transaction for Seemantini Godbole made under a Rule 10b5-1 plan?

The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmed. No footnote describes a Rule 10b5-1 or other pre-arranged trading plan for this restricted stock grant.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Godbole Seemantini

(Last)(First)(Middle)
1000 LOWES BOULEVARD

(Street)
MOORESVILLE NORTH CAROLINA 28117

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LOWES COMPANIES INC [ LOW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, CI & AI Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/15/2026A396(1)A$049,449(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock granted pursuant to 2006 Long Term Incentive Plan. These shares will fully vest on September 15, 2029.
2. Direct holdings include 58 shares acquired under the Lowe's Employee Stock Purchase Plan.
Remarks:
By: /s/ Sandra Felton by power of attorney for: Seemantini Godbole09/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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