Home Depot (HD) EVP & CIO Angie Brown granted options and shares
Rhea-AI Filing Summary
HOME DEPOT, INC. EVP & CIO Angie Brown reported routine equity compensation changes. She received 5,896 employee stock options with an exercise price of $332.51 per share, each option for one share of $.05 common stock, expiring on March 24, 2036.
Brown also acquired 2,255 shares of $.05 common stock as a grant, bringing her direct common stock holdings to 6,732.1454 shares. In a separate entry, 38 shares were disposed of at $330.91 per share to cover tax obligations, not as an open-market sale.
Footnotes state the performance-based restricted shares vest 50% after 30 months and 50% after 60 months, with 2026 shares forfeited if FY2026 operating profit is below 90% of the plan target. The stock options vest in 25% increments annually, beginning on the second anniversary of the grant date.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options | 5,896 | $0.00 | -- |
| Grant/Award | $.05 Common Stock | 2,255 | $0.00 | -- |
| Tax Withholding | $.05 Common Stock | 38 | $330.91 | $13K |
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.