Form 4: Home Depot EVP & CFO Richard V. McPhail Reports Changes in Beneficial Ownership

Richard V. McPhail, EVP & CFO of Home Depot, reports a transaction involving common stock on March 27, 2024, resulting in an adjusted beneficial ownership.

Summary

• Richard V. McPhail, the EVP & CFO of Home Depot, filed a Form 4 with the SEC on March 29, 2024.
• The report details a transaction involving Home Depot's common stock that occurred on March 27, 2024.
• The transaction is coded as 'F', indicating a disposition of shares to cover tax obligations related to vesting of restricted stock or similar compensation.
• McPhail disposed of 231 shares of common stock at a price of $385.89.
• Following the transaction, McPhail's direct ownership of Home Depot common stock is 42,563.3627 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing is a routine disclosure of a transaction related to tax obligations.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates