Home Depot (HD) CEO receives new stock options and performance share awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HOME DEPOT, INC. Chair, President and CEO Edward P. Decker received new equity compensation awards. He was granted employee stock options for 30,192 shares of $.05 common stock at an exercise price of $332.51 per share, expiring in 2036.
These options vest in 25% increments annually, beginning on the second anniversary of the grant date. Decker also received 11,548 performance-based restricted shares that vest 50% after 30 months and 50% after 60 months. These 2026 shares will be forfeited if FY2026 operating profit is less than 90% of the target set under the 2026 Management Incentive Plan. Following the stock grant, he directly owns 137,793.5584 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Decker Edward P.
Role
Chair, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options | 30,192 | $0.00 | -- |
| Grant/Award | $.05 Common Stock | 11,548 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Options — 30,192 shares (Direct);
$.05 Common Stock — 137,793.558 shares (Direct)
Footnotes (1)
- The performance-based restricted shares were issued under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022, and vest 50% after 30 months and the remaining 50% after 60 months. The 2026 shares will be forfeited if FY2026 Company operating profit is not at least 90% of the target established under the 2026 Management Incentive Plan. The stock options were issued under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022 and vest annually in 25% increments beginning on the second anniversary of the grant date.
FAQ
What equity awards did Home Depot (HD) CEO Edward Decker receive?
Edward Decker received stock options on 30,192 shares and 11,548 performance-based restricted shares. The options carry a $332.51 exercise price, while the restricted shares vest over 30 and 60 months, subject to FY2026 operating profit performance conditions.
How do the new stock options for Home Depot (HD) CEO vest?
The 30,192 stock options granted to Edward Decker vest in 25% increments annually, starting on the second anniversary of the grant date. This creates a four-year vesting schedule after a two-year waiting period before the first portion becomes exercisable.
What is the exercise price and expiration for Edward Decker’s new HD options?
The employee stock options granted to Edward Decker allow purchase of 30,192 Home Depot shares at $332.51 per share. These options expire in 2036, giving a long exercise window after the multi-year vesting schedule is satisfied over time.