Lowe’s (LOW) director Richard Dreiling adds to phantom stock deferred balance
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DREILING RICHARD W reported acquisition or exercise transactions in this Form 4 filing.
LOWES COMPANIES INC director Richard W. Dreiling received a grant of phantom stock credited as deferred compensation. The award covers 258.2160 phantom stock units, each economically equivalent to one share of common stock, bringing his deferred phantom stock balance to 19,647.5290 units. He becomes entitled to the cash value of these units upon ceasing to be a director, and the balance includes credits of dividends to his deferred stock account.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DREILING RICHARD W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 258.216 | $213.00 | $55K |
Holdings After Transaction:
Phantom Stock — 19,647.529 shares (Direct)
Footnotes (1)
- Represents the credit of deferred compensation to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock. The Reporting Person becomes entitled to the cash value of the phantom stock upon ceasing to be a director of the Issuer. Includes the credit of dividends to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan.
Key Figures
Phantom stock units awarded: 258.2160 units
Price per phantom stock unit: $213.0000
Total phantom stock holdings: 19,647.5290 units
+1 more
4 metrics
Phantom stock units awarded
258.2160 units
Grant of phantom stock credited as deferred compensation on 2026-07-09
Price per phantom stock unit
$213.0000
Reference price per unit for the 258.2160 phantom stock units
Total phantom stock holdings
19,647.5290 units
Total phantom stock units credited to Dreiling’s deferred stock account after the award
Economic equivalence ratio
1 phantom unit : 1 common share
Each phantom stock unit is economically equivalent to one share of common stock
Key Terms
Phantom Stock, Directors' Deferred Compensation Plan, deferred compensation
3 terms
Phantom Stock financial
"Each share of phantom stock is the economic equivalent of one share of common stock."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Directors' Deferred Compensation Plan financial
"deferred compensation to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan."
deferred compensation financial
"Represents the credit of deferred compensation to the Reporting Person's deferred stock account"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
FAQ
What insider transaction did LOW director Richard W. Dreiling report on this Form 4?
Richard W. Dreiling reported an award of 258.2160 phantom stock units under Lowe’s Directors’ Deferred Compensation Plan, increasing his deferred phantom stock holdings to 19,647.5290 units.
How many phantom stock units does Richard W. Dreiling now hold at LOW?
Following the reported transaction, Richard W. Dreiling holds 19,647.5290 phantom stock units in his deferred stock account, representing deferred compensation tied economically to Lowe’s common stock.
What is phantom stock in the context of LOW’s Directors’ Deferred Compensation Plan?
In Lowe’s plan, each phantom stock unit is economically equivalent to one share of common stock. Dreiling becomes entitled to the cash value of these units when he ceases to be a director.
When will Richard W. Dreiling receive value for his LOW phantom stock units?
Richard W. Dreiling becomes entitled to the cash value of his phantom stock units upon ceasing to be a director of Lowe’s, according to the plan’s terms.
Does Dreiling’s LOW phantom stock award include dividend credits?
Yes. The reported phantom stock balance includes credits of dividends to Richard W. Dreiling’s deferred stock account under Lowe’s Directors’ Deferred Compensation Plan.