LOW Form 4: Director Ralph Alvarez Receives 124.348 Deferred Shares
Rhea-AI Filing Summary
Ralph Alvarez, a Director of Lowe's Companies, Inc. (LOW), was credited with 124.348 units of phantom stock under the company's Directors' Deferred Compensation Plan on 09/30/2025. Each phantom share is the economic equivalent of one common share and is settled in cash when the director ceases to serve. The reported per-share value of the phantom units at the time of the credit was $251.31, and after the transaction Mr. Alvarez beneficially owned 19,966.658 shares equivalent, including dividend credits.
The Form 4 filing was signed by power of attorney on 10/02/2025. The entry reflects deferred compensation crediting to a director account rather than an open-market purchase or sale.
Positive
- 124.348 phantom shares credited to director's deferred compensation account on 09/30/2025
- Phantom shares are recorded at $251.31 per unit, providing a clear valuation reference
- Total beneficial ownership reported as 19,966.658 shares (includes dividends) after the credit
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 124.348 | $251.31 | $31K |
Footnotes (3)
- F1. Represents the credit of deferred compensation to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan.
- F2. 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.
- F3. Includes the credit of dividends to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.