Margrethe R. Vagell - 01 Apr 2025 Form 4 Insider Report for LOWES COMPANIES INC (LOW)

Role
EVP, Supply Chain
Signature
By: /s/ Sandra Felton by power of attorney for: Margrethe R. Vagell
Issuer symbol
LOW
Transactions as of
01 Apr 2025
Net transactions value
-$141,342
Form type
4
Filing time
03 Apr 2025, 16:37:58 UTC
Previous filing
24 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOW Common Stock Options Exercise $0 +1,361 +10% $0.000000 14,620 01 Apr 2025 Direct F1, F2
transaction LOW Common Stock Tax liability $141,342 -604 -4.1% $234.01 14,016 01 Apr 2025 Direct F3
transaction LOW Common Stock Award $0 +4,556 +33% $0.000000 18,572 01 Apr 2025 Direct F4
holding LOW Common Stock 873 01 Apr 2025 by 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LOW Performance Share Units Options Exercise $0 -1,361 -100% $0.000000 0 01 Apr 2025 Common Stock 1,361 Direct F5
transaction LOW Non-Qualified Stock Option (right to buy) Award $0 +6,878 $0.000000 6,878 01 Apr 2025 Common Stock 6,878 $234.01 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share unit represented a contingent right to receive one share of the Issuer's common stock upon the achievement of certain pre-established metrics over the three-year performance period ending at the end of fiscal 2024.
F2 Direct holdings include 45 shares acquired under the Lowe's Employee Stock Purchase Plan.
F3 Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of performance share units and restricted shares granted on April 1, 2022.
F4 Restricted stock granted pursuant to 2006 Long Term Incentive Plan. These shares will fully vest on April 1, 2028.
F5 At the vest date, the performance share units earned converted into an equivalent number of shares of the Issuer's common stock.
F6 This option vests in three annual installments beginning on April 1, 2026.