Lowe's (LOW) CIO granted 9,145 shares, covers tax with 1,477

Rhea-AI Filing Summary

Lowe's Companies EVP and Chief Information Officer Seemantini Godbole reported compensation-related stock activity. She received 9,145 shares of Lowe's common stock as a restricted stock grant pursuant to the 2006 Long Term Incentive Plan, which will fully vest on April 1, 2029.

On the same date, 1,477 shares were delivered to cover withholding taxes due upon vesting of restricted shares granted on April 1, 2023, a tax-withholding disposition rather than an open-market sale. After these transactions, she directly holds 48,995 shares, including 106 acquired under the Lowe's Employee Stock Purchase Plan.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Godbole Seemantini

Role EVP, Chief Information Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,477	$235.98	$349K
Grant/Award	Common Stock	9,145	$0.00	--

Holdings After Transaction: Common Stock — 39,850 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 106 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.

Key Figures

Tax-withholding shares: 1,477 shares Tax-withholding price: $235.98 per share Restricted stock grant: 9,145 shares +3 more

6 metrics

Tax-withholding shares 1,477 shares Delivered to cover withholding taxes on April 1, 2026

Tax-withholding price $235.98 per share Implied value for 1,477 shares used for tax withholding

Restricted stock grant 9,145 shares Restricted stock awarded to CIO as compensation

Post-award direct holdings 48,995 shares Total Lowe's shares directly held after transactions

ESPP shares 106 shares Included in direct holdings via Employee Stock Purchase Plan

Grant vesting date April 1, 2029 Date when 9,145 restricted shares fully vest

Key Terms

withholding taxes, restricted shares, Employee Stock Purchase Plan, Restricted stock, +1 more

5 terms

withholding taxes financial

"Reflects 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.

restricted shares financial

"withholding taxes due upon vesting of restricted shares granted on April 1, 2023"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

Employee Stock Purchase Plan financial

"Direct holdings include 106 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.

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.

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.

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).

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^*

Godbole Seemantini

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Information Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		F		1,477(1)	D	$235.98	39,850(2)	D
Common Stock	04/01/2026		A		9,145(3)	A	$0	48,995	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. 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 106 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: Seemantini Godbole	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider stock transactions did LOW executive Seemantini Godbole report?

Seemantini Godbole reported a grant of 9,145 shares of Lowe's common stock and a disposition of 1,477 shares to cover withholding taxes. Both actions are compensation-related, reflecting restricted stock vesting and new awards rather than open-market buying or selling activity.

Were Seemantini Godbole’s LOW share dispositions open-market sales?

No. The 1,477 Lowe's shares reported as disposed were delivered to satisfy withholding taxes upon vesting of restricted shares granted April 1, 2023. This tax-withholding disposition is an administrative step, not an open-market sale reflecting an investment decision about Lowe's stock.

How many LOW shares does Seemantini Godbole hold after these Form 4 transactions?

After the reported transactions, Seemantini Godbole directly holds 48,995 shares of Lowe's common stock. This total includes 106 shares acquired through the Lowe's Employee Stock Purchase Plan, highlighting a meaningful continuing equity stake aligned with shareholder interests.

What restricted stock award did the Lowe's CIO receive in this Form 4 filing?

The Lowe's EVP and CIO received a grant of 9,145 restricted shares of common stock under the 2006 Long Term Incentive Plan. These shares vest fully on April 1, 2029, linking a portion of her compensation to the company’s long-term performance over several years.

When will the newly granted LOW restricted shares to Seemantini Godbole vest?

The 9,145 restricted shares of Lowe's common stock granted to Seemantini Godbole will fully vest on April 1, 2029. Until that vesting date, the award serves as long-term incentive compensation designed to encourage sustained executive alignment with Lowe's long-range business performance.