Lowe's (NYSE: LOW) EVP donates 455 shares, holds 22,720 after gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lowe's Companies EVP of Supply Chain Margrethe R. Vagell reported a charitable stock gift and updated holdings. She made a bona fide gift transfer of 455 shares of common stock, described as a contribution to a charitable donor advised fund, and now directly holds 22,720 shares. She also has an indirect holding of about 895.2445 shares through a 401(k) plan. The gift was not a market sale and carries no purchase or sale proceeds.
Positive
- None.
Negative
- None.
Insider Trade Summary
455 shares gifted
Mixed
2 txns
Insider
Vagell Margrethe R
Role
EVP, Supply Chain
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 455 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,720 shares (Direct, null);
Common Stock — 895.245 shares (Indirect, by 401(k) Plan)
Footnotes (1)
- Contribution to a charitable donor advised fund. Direct holdings include 58 shares acquired under the Lowe's Employee Stock Purchase Plan.
Key Figures
Shares gifted: 455 shares
Direct holdings after gift: 22,720 shares
Indirect 401(k) holdings: 895.2445 shares
+1 more
4 metrics
Shares gifted
455 shares
Bona fide gift of common stock
Direct holdings after gift
22,720 shares
Common stock held directly after transaction
Indirect 401(k) holdings
895.2445 shares
Common stock held indirectly by 401(k) plan
Gift transactions
1 gift, 455 shares
GiftCount and giftShares in transaction summary
Key Terms
bona fide gift, donor advised fund, Employee Stock Purchase Plan
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for the 455-share transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor advised fund financial
"Footnote: "Contribution to a charitable donor advised fund.""
A donor advised fund is a charitable savings account you fund with cash or assets (including stocks) that lets you take an immediate tax benefit while recommending when and which charities receive grants over time. Think of it like a dedicated piggy bank for giving: you get tax relief when you put money in, can avoid selling appreciated securities and triggering capital gains, and still control the timing and recipients of donations, which affects tax planning, portfolio decisions, and public giving signals.
Employee Stock Purchase Plan financial
"Footnote: "58 shares acquired under the Lowe's Employee Stock Purchase Plan.""
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
FAQ
What insider transaction did Lowe's (LOW) EVP Margrethe Vagell report?
Margrethe R. Vagell reported a bona fide gift of 455 Lowe's common shares. The filing characterizes it as a charitable contribution, rather than a market sale or purchase, meaning it does not reflect trading activity in the open market.
Was the Lowe's (LOW) EVP transaction a market sale or purchase?
The transaction was not a market sale or purchase; it was a bona fide gift. The Form 4 describes a gift transfer of 455 shares, with no price per share and no sale proceeds, indicating it was a charitable, non-market disposition of stock.
What charitable detail is disclosed in the Lowe's (LOW) EVP Form 4?
The filing notes the 455-share stock transfer was a contribution to a charitable donor advised fund. This means the shares were given for philanthropic purposes, rather than being sold for cash in the market or as part of a trading strategy.