Lowe’s director Colleen Taylor granted phantom stock
Taylor Colleen reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Taylor Colleen reported acquisition or exercise transactions in this Form 4 filing.
LOWES COMPANIES INC director Colleen Taylor reported an automatic award of phantom stock units tied to deferred compensation. She received 52.903 shares of phantom stock, credited to her deferred stock account under the company’s Directors' Deferred Compensation Plan.
Each phantom stock unit is the economic equivalent of one share of Lowe’s common stock and will be settled in cash when she ceases to be a director. Following this credit and related dividend credits, her deferred stock account holds 1,366.865 phantom stock units.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 52.903 | $236.28 | $12K |
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.
Key Figures
Key Terms
Phantom Stock financial
Directors' Deferred Compensation Plan financial
deferred stock account financial
FAQ
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What did Colleen Taylor report in this Form 4 for LOW?
What is phantom stock in the context of LOWES COMPANIES INC?
How many phantom stock units does Colleen Taylor hold after this transaction at LOW?
Was this Form 4 for LOW a market buy or sell by Colleen Taylor?
When will Colleen Taylor receive value from these LOW phantom stock units?
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