Home Depot (NYSE: HD) SVP awarded shares and 12,265 stock options
Rhea-AI Filing Summary
Home Depot Senior EVP Ann Marie Campbell received new equity awards as part of her compensation. She was granted 12,265 employee stock options with an exercise price of $332.51 per share, expiring in 2036, covering the same number of shares of $.05 common stock.
She also received 4,691 performance-based restricted shares of common stock at no cost. These vest 50% after 30 months and 50% after 60 months, and the 2026 portion will be forfeited if FY2026 operating profit is less than 90% of the target. Following these grants, she holds 72,599.7025 shares directly and 12,320 shares indirectly through a charitable remainder trust.
Positive
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Insights
Routine compensation grants increase Campbell’s equity stake with performance-linked shares.
Home Depot’s Senior EVP Ann Marie Campbell received stock options and performance-based restricted shares, both granted at no cash cost to her. The options for 12,265 shares at an exercise price of $332.51 create long-term alignment, as value depends on future stock performance.
The 4,691 performance-based restricted shares add an operating-profit hurdle, with 2026 shares forfeited if FY2026 operating profit is below 90% of the incentive-plan target. These are standard senior-officer incentives rather than open-market purchases, and she continues to hold a sizable direct and indirect position after the grants.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options | 12,265 | $0.00 | -- |
| Grant/Award | $.05 Common Stock | 4,691 | $0.00 | -- |
| holding | $.05 Common Stock | -- | -- | -- |
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.