LOWES COMPANIES INC (NYSE: LOW) awards phantom stock to director Taylor

Rhea-AI Filing Summary

Taylor Colleen reported acquisition or exercise transactions in this Form 4 filing.

LOWES COMPANIES INC director Colleen Taylor received a grant of 58.685 shares of phantom stock, credited to her deferred stock account under the company’s Directors’ Deferred Compensation Plan. Each phantom share is economically equivalent to one share of common stock, with cash value payable when she ceases to be a director. Following this award, her deferred phantom stock balance is 1,432.828 shares, including credited dividends.

Insights

Corporate governance analyst

Routine director deferred compensation using phantom stock units.

Director Colleen Taylor received 58.685 phantom stock units tied to LOWES COMPANIES INC common stock as part of a deferred compensation arrangement. The economic value tracks the stock price but is settled in cash when she leaves the board.

This award lifts her deferred phantom balance to 1,432.828 units, reflecting ongoing service and reinvested dividends under the Directors’ Deferred Compensation Plan. As a non-market, cash-settled grant, it does not represent an open-market purchase or sale of common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Taylor Colleen

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	58.685	$213.00	$12K

Holdings After Transaction: Phantom Stock — 1,432.828 shares (Direct, null)

Footnotes (1)

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 granted: 58.685 shares Price reference per unit: 213.0000 Total phantom units after grant: 1,432.828 shares +2 more

5 metrics

Phantom stock units granted 58.685 shares Grant of phantom stock units credited on 2026-07-09

Price reference per unit 213.0000 Economic value per phantom stock share for the award

Total phantom units after grant 1,432.828 shares Deferred phantom stock balance following the transaction

Underlying security shares 58.685 shares Each phantom stock unit tied to one common share equivalent

Conversion or exercise price 0.0000 Phantom stock is cash-settled with no exercise price

Key Terms

Phantom Stock, Directors' Deferred Compensation Plan, deferred stock account, economic equivalent

4 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 stock account under the Issuer's Directors' Deferred Compensation Plan."

deferred stock account financial

"credit of deferred compensation to the Reporting Person's deferred stock account"

economic equivalent financial

"Each share of phantom stock is the economic equivalent of one share of common stock."

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Available on EDGAR 07/10/2026 - 04:22 PM Accepted by SEC EDGAR 07/10/2026 - 04:21 PM Learn about SEC filing dates

FAQ

What transaction did LOW (Lowe's) director Colleen Taylor report?

Director Colleen Taylor reported an acquisition of 58.685 shares of phantom stock. The units were credited as deferred compensation under Lowe’s Directors’ Deferred Compensation Plan, tied economically to common stock value.

How many phantom stock units does Colleen Taylor hold after this LOW transaction?

After the grant, Colleen Taylor holds 1,432.828 phantom stock units. This total reflects deferred compensation and credited dividends in her deferred stock account under Lowe’s Directors’ Deferred Compensation Plan.

What is phantom stock in the context of LOW’s director compensation?

For LOW, each phantom stock unit is the economic equivalent of one share of common stock. The director becomes entitled to the cash value of the phantom stock after ceasing to be a director.

Was the LOW phantom stock award to Colleen Taylor an open-market purchase or sale?

No. The 58.685 phantom stock units were a grant/award acquisition of deferred compensation, not an open-market purchase or sale of LOW common stock on an exchange.

How is dividend income treated in Colleen Taylor’s LOW phantom stock account?

Her balance includes the credit of dividends to her deferred stock account. Dividends on LOW shares are credited as additional phantom stock under the Directors’ Deferred Compensation Plan.

SEC Form 4

FORM 4

UNITED 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^*

Taylor Colleen

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock(1)	(2)	07/09/2026		A		58.685		(2)	(2)	Common Stock	58.685	$213	1,432.828(3)	D

Explanation of Responses:

1. Represents the credit of deferred compensation to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan.

2. 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.

3. Includes the credit of dividends to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan.

Remarks:

	By: /s/ Sandra Felton by power of attorney for: Colleen Taylor	07/10/2026
	** Signature of Reporting Person	Date
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)