Lowe’s (NYSE: LOW) director Brian Rogers awarded 1,003 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lowe's Companies director Brian C. Rogers received a grant of 1,003 Deferred Stock Units tied to common stock. These units were awarded at a stated price of $0.00 per unit as director compensation, increasing his directly held deferred stock units to 12,230.943.
The Deferred Stock Units will be 100% vested on the earlier of the first anniversary of the grant date or the day immediately before Lowe's 2027 Annual Meeting of Shareholders. Each unit will convert into one share of Lowe's common stock after Rogers’ service on the board ends, and the balance includes credited dividends under the company’s 2006 Long Term Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROGERS BRIAN C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,003 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 12,230.943 shares (Direct, null)
Footnotes (1)
- The Deferred Stock Units shall be 100% vested on the earlier of the first anniversary of the date of grant and the day immediately preceding the Issuer's 2027 Annual Meeting of Shareholders. Each Deferred Stock Unit shall convert into one share of the Issuer's common stock immediately after termination of the Reporting Person's service as a member of the Board of Directors of the Issuer. Includes the credit of dividends to the Reporting Person's deferred stock account under the Issuer's 2006 Long Term Incentive Plan, as amended and restated.
Key Figures
Deferred Stock Units granted: 1,003 units
Deferred Stock Units after grant: 12,230.943 units
Grant price per unit: $0.00 per unit
+1 more
4 metrics
Deferred Stock Units granted
1,003 units
Grant on 2026-05-29 as director compensation
Deferred Stock Units after grant
12,230.943 units
Total deferred stock units following transaction
Grant price per unit
$0.00 per unit
Stated transaction price for Deferred Stock Units
Underlying common stock
1,003 shares
Each unit tied to one share of common stock
Key Terms
Deferred Stock Units, Annual Meeting of Shareholders, 2006 Long Term Incentive Plan
3 terms
Deferred Stock Units financial
"The Deferred Stock Units shall be 100% vested on the earlier of the first anniversary..."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
2006 Long Term Incentive Plan financial
"the Reporting Person's deferred stock account under the Issuer's 2006 Long Term Incentive Plan, as amended and restated."
FAQ
What insider transaction did Brian C. Rogers report for LOW?
Brian C. Rogers reported receiving 1,003 Deferred Stock Units of Lowe’s Companies as director compensation. These units cost $0.00 per unit and increase his total deferred stock holdings to 12,230.943 units tied to Lowe’s common stock.
How many Lowe’s deferred stock units does Brian C. Rogers hold after this Form 4?
After this grant, Brian C. Rogers holds 12,230.943 Deferred Stock Units at Lowe’s Companies. This total includes the new 1,003-unit award plus prior units and credited dividends under the company’s 2006 Long Term Incentive Plan.
When do Brian C. Rogers’ new Deferred Stock Units in LOW vest?
The new Deferred Stock Units for Brian C. Rogers become 100% vested on the earlier of the first anniversary of the grant date or the day immediately before Lowe’s 2027 Annual Meeting of Shareholders, according to the Form 4 footnote disclosure.
Do Brian C. Rogers’ LOW Deferred Stock Units include dividends?
Yes. The Form 4 notes that his deferred stock account includes credits of dividends under Lowe’s 2006 Long Term Incentive Plan. These dividend credits increase the total number of Deferred Stock Units over time as dividends are allocated.