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Lowe's (LOW) EVP Janice Dupre gets 5,185 restricted shares, 959 withheld for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lowe's Companies EVP of Human Resources Janice Dupre reported routine equity compensation activity. She received a grant of 5,185 shares of common stock as restricted stock under the 2006 Long Term Incentive Plan, which will fully vest on April 1, 2029. On the same date, 959 shares were delivered to cover withholding taxes upon vesting of restricted shares granted on April 1, 2023. After these transactions, she directly holds 39,727 shares of Lowe's common stock, including 51 shares acquired through the Lowe's Employee Stock Purchase Plan.

Positive

  • None.

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Insider Dupre Janice
Role EVP, Human Resources
Type Security Shares Price Value
Tax Withholding Common Stock 959 $235.98 $226K
Grant/Award Common Stock 5,185 $0.00 --
Holdings After Transaction: Common Stock — 34,542 shares (Direct)
Footnotes (1)
  1. Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on April 1, 2023. Direct holdings include 51 shares acquired under the Lowe's Employee Stock Purchase Plan. Restricted stock granted pursuant to 2006 Long Term Incentive Plan. These shares will fully vest on April 1, 2029.
Restricted stock grant 5,185 shares Common stock award to EVP Janice Dupre on April 1, 2026
Tax withholding shares 959 shares Delivered to satisfy withholding taxes on April 1, 2026
Withholding price $235.98 per share Valuation used for 959-share tax-withholding disposition
Post-transaction holdings 39,727 shares Total common shares directly held after grant and withholding
ESPP shares 51 shares Included within direct holdings via Employee Stock Purchase Plan
Vesting date April 1, 2029 Date when 5,185 restricted shares fully vest
restricted stock financial
"Restricted stock granted pursuant to 2006 Long Term Incentive Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
withholding taxes financial
"shares delivered by reporting person to satisfy withholding taxes due upon vesting"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
Employee Stock Purchase Plan financial
"Direct holdings include 51 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.
Long Term Incentive Plan financial
"Restricted stock granted pursuant to 2006 Long Term Incentive Plan."
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dupre Janice

(Last)(First)(Middle)
1000 LOWES BOULEVARD

(Street)
MOORESVILLE NORTH CAROLINA 28117

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LOWES COMPANIES INC [ LOW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Human Resources
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026F959(1)D$235.9834,542(2)D
Common Stock04/01/2026A5,185(3)A$039,727D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of restricted shares granted on April 1, 2023.
2. Direct holdings include 51 shares acquired under the Lowe's Employee Stock Purchase Plan.
3. Restricted stock granted pursuant to 2006 Long Term Incentive Plan. These shares will fully vest on April 1, 2029.
Remarks:
By: /s/ Sandra Felton by power of attorney for: Janice Dupre04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Lowe's (LOW) EVP Janice Dupre report in this Form 4 filing?

Executive Vice President Janice Dupre reported a grant of 5,185 restricted shares of Lowe’s common stock and the delivery of 959 shares to cover tax withholding. Following these routine compensation-related transactions, she directly holds 39,727 shares, including 51 shares from the Employee Stock Purchase Plan.

How many Lowe's (LOW) shares does Janice Dupre hold after these transactions?

After the reported transactions, Janice Dupre directly holds 39,727 shares of Lowe’s common stock. This total includes 51 shares acquired through the Lowe's Employee Stock Purchase Plan, as noted in the footnotes accompanying the Form 4 filing for these equity compensation events.

What is the nature of the 5,185-share grant to Lowe's (LOW) EVP Janice Dupre?

The 5,185-share grant to Janice Dupre is restricted stock awarded under Lowe’s 2006 Long Term Incentive Plan. According to the filing, these shares are scheduled to fully vest on April 1, 2029, making this a long-term equity compensation award tied to continued service.

Why were 959 Lowe's (LOW) shares delivered in connection with Janice Dupre’s Form 4?

The 959 shares were delivered to satisfy withholding taxes due upon the vesting of restricted shares originally granted on April 1, 2023. This tax-withholding disposition is a common administrative mechanism and is not an open-market sale of Lowe’s stock by the executive.

At what price were the 959 Lowe's (LOW) shares valued for tax withholding?

The 959 shares delivered to satisfy withholding taxes were valued at $235.98 per share, according to the reported transaction price. This valuation is used for tax purposes in connection with the vesting of previously granted restricted shares to Janice Dupre.

When will Janice Dupre’s new restricted Lowe's (LOW) shares fully vest?

The 5,185 restricted shares granted to Janice Dupre will fully vest on April 1, 2029. Until that vesting date, the award remains subject to the terms of Lowe’s 2006 Long Term Incentive Plan, which typically includes continued employment conditions.