Lowe's (LOW) CEO Marvin Ellison reports 18,000-share Rule 10b5-1 sale

Rhea-AI Filing Summary

Lowe's Companies Chairman, President & CEO Marvin R. Ellison reported selling a total of 18,000 shares of common stock on January 9, 2026 under a pre-arranged Rule 10b5-1 trading plan adopted on March 20, 2025. The sales were executed in three trades of 7,153 shares at a weighted average price of $260.2954, 7,323 shares at $261.3856, and 3,524 shares at $262.5087, each across multiple execution prices. Following these transactions, Ellison directly beneficially owns 231,043 shares of Lowe's common stock.

Insider Trade Summary

Net Seller: 18,000 shares ($4,701,100)

Net Sell 3 txns

Insider Ellison Marvin R

Role Chairman, President & CEO

Sold 18,000 shs ($4.70M)

Type	Security	Shares	Price	Value
Sale	Common Stock	7,153	$260.2954	$1.86M
Sale	Common Stock	7,323	$261.3856	$1.91M
Sale	Common Stock	3,524	$262.5087	$925K

Holdings After Transaction: Common Stock — 241,890 shares (Direct)

Footnotes (1)

1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 20, 2025. This transaction was executed at multiple prices ranging from $260.00 to $261.00. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. This transaction was executed at multiple prices ranging from $261.01 to $262.00. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. This transaction was executed at multiple prices ranging from $262.06 to $263.00. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Ellison Marvin R

(Last) (First) (Middle)

1000 LOWES BOULEVARD

(Street)

MOORESVILLE NC 28117

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LOWES COMPANIES INC [ LOW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman, President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
01/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/09/2026		S(1)		7,153	D	$260.2954	241,890(2)	D
Common Stock	01/09/2026		S(1)		7,323	D	$261.3856	234,567(3)	D
Common Stock	01/09/2026		S(1)		3,524	D	$262.5087	231,043(4)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 20, 2025.

2. This transaction was executed at multiple prices ranging from $260.00 to $261.00. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.

3. This transaction was executed at multiple prices ranging from $261.01 to $262.00. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.

4. This transaction was executed at multiple prices ranging from $262.06 to $263.00. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.

Remarks:

	By: /s/ Sandra Felton by power of attorney for: Marvin R. Ellison	01/12/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Lowe's (LOW) report for Marvin R. Ellison?

Marvin R. Ellison, Chairman, President & CEO of Lowe's Companies, reported selling a total of 18,000 shares of common stock in three separate transactions on January 9, 2026.

At what prices did Marvin R. Ellison sell Lowe's (LOW) shares?

The reported weighted average sale prices were $260.2954 for 7,153 shares, $261.3856 for 7,323 shares, and $262.5087 for 3,524 shares, each executed across multiple price levels.

How many Lowe's (LOW) shares does Marvin R. Ellison own after the reported sales?

After the reported transactions, Marvin R. Ellison beneficially owns 231,043 shares of Lowe's common stock in direct ownership.

Were Marvin R. Ellison’s Lowe's (LOW) stock sales under a Rule 10b5-1 plan?

Yes. A footnote states that the transactions were made pursuant to a Rule 10b5-1 trading plan adopted by Marvin R. Ellison on March 20, 2025.

Did Marvin R. Ellison’s Lowe's (LOW) transactions involve derivative securities?

No derivative securities are reported as acquired or disposed of. The form lists only non-derivative common stock sales for this reporting date.

Who executed the Form 4 filing for Marvin R. Ellison’s Lowe's (LOW) transactions?

The Form 4 was signed by Sandra Felton by power of attorney for Marvin R. Ellison, indicating it was filed on his behalf under a granted authority.