Lowe’s CFO gets 8,349-share grant, withholds 1,518
LOWES COMPANIES INC Executive Vice President and Chief Financial Officer Brandon J. Sink reported routine equity compensation activity in company common stock.
Rhea-AI Filing Summary
LOWES COMPANIES INC Executive Vice President and Chief Financial Officer Brandon J. Sink reported routine equity compensation activity in company common stock. He received a grant of 8,349 shares at no cost as a restricted stock award. To cover tax obligations from previously granted restricted shares that vested, 1,518 shares were delivered back to the company, a tax-withholding disposition rather than an open-market sale. After these transactions, he directly holds 27,148.896 shares of common stock, including 48 shares acquired through the Lowe's Employee Stock Purchase Plan. The newly granted restricted stock is scheduled to fully vest on April 1, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,518 | $235.98 | $358K |
| Grant/Award | Common Stock | 8,349 | $0.00 | $0.00 |
Footnotes (3)
- F1. Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on April 1, 2023.
- F2. Direct holdings include 48 shares acquired under the Lowe's Employee Stock Purchase Plan.
- F3. Restricted stock granted pursuant to 2006 Long Term Incentive Plan. These shares will fully vest on April 1, 2029.
Key Figures
Key Terms
withholding taxes financial
Employee Stock Purchase Plan financial
Restricted stock financial
Long Term Incentive Plan financial
FAQ
What insider transactions did LOW CFO Brandon Sink report on this Form 4?
What is the size and nature of the new equity grant to the LOW CFO?
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