Lowe's (NYSE: LOW) EVP withholds 9,768 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lowe's Companies executive Juliette Williams Pryor, EVP, CLO & Corporate Secretary, reported a tax-related share transfer rather than an open-market sale. She delivered 9,768 shares of common stock at $220.19 per share to cover withholding taxes due on the vesting of 22,772 restricted shares granted on June 15, 2023, and now directly holds 25,472 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PRYOR JULIETTE WILLIAMS
Role
EVP, CLO & Corp. Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,768 | $220.19 | $2.15M |
Holdings After Transaction:
Common Stock — 25,472 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withholding shares delivered: 9,768 shares
Reported price per share: $220.19 per share
Shares after transaction: 25,472 shares
+1 more
4 metrics
Tax-withholding shares delivered
9,768 shares
Common stock delivered to issuer for withholding taxes
Reported price per share
$220.19 per share
Value used for the 9,768-share tax-withholding disposition
Shares after transaction
25,472 shares
Direct Lowe's common stock holdings following the disposition
Restricted shares vested
22,772 shares
Restricted shares granted on June 15, 2023 that vested
Key Terms
tax-withholding disposition, restricted shares, withholding taxes, Form 4
4 terms
tax-withholding disposition financial
"reported a tax-related share transfer rather than an open-market sale"
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.
withholding taxes financial
"to satisfy withholding taxes due upon vesting of 22,772 restricted shares"
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.
Form 4 regulatory
"What insider transaction did Lowe's (LOW) executive Juliette Pryor report?"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Lowe's (LOW) executive Juliette Pryor report?
Juliette Williams Pryor reported a tax-withholding disposition of 9,768 Lowe's common shares. The shares were delivered to the company to cover withholding taxes owed when 22,772 restricted shares granted on June 15, 2023 vested.