Form 4: Home Depot CEO Edward Decker Reports Acquisition of Restoration Plan Stock Units
SEC Form 4 Filing
Home Depot's CEO, Edward P. Decker, reported the acquisition of 284.6177 restoration plan stock units on January 31, 2025, convertible to common stock upon a distribution event.
Summary
- Edward P. Decker, the Chair, President, and CEO of Home Depot, filed a Form 4 on February 4, 2025, reporting a transaction.
- On January 31, 2025, Decker acquired 284.6177 restoration plan stock units under The Home Depot FutureBuilder Restoration Plan.
- These stock units convert to shares of common stock on a one-for-one basis upon a distribution event under the terms of the Plan.
- Following the reported transaction, Decker beneficially owns 9,362.6359 shares of common stock.
- The price of the stock was $411.98.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Future Outlook
The restoration plan stock units will convert to shares of common stock on a one-for-one basis upon a distribution event under the terms of the Plan.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of transaction: Acquisition of restoration plan stock units. |
| 02/04/2025 | Date of Form 4 filing. |
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