Form 4: Home Depot EVP Hector Padilla Reports Stock Transactions
SEC Form 4 Filing
Home Depot's EVP of US Sales and Operations, Hector Padilla, reports the acquisition and disposal of common stock and the exercise of employee stock options.
Summary
- Hector Padilla, EVP of US Sales and Operations at Home Depot, filed a Form 4 detailing changes in beneficial ownership.
- On May 15, 2024, Padilla exercised employee stock options to acquire 82 shares of common stock at a price of $189.25.
- On the same day, Padilla disposed of 82 shares of common stock at $349.01.
- Padilla also transferred 35 shares to his ex-spouse due to a divorce decree.
- Following these transactions, Padilla directly owns 13,980.2868 shares of Home Depot common stock.
- Padilla also owns 4,294 employee stock options that are fully vested and exercisable, expiring on March 26, 2029.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of company insiders.
Related Party Transactions
- 35 shares were transferred to the reporting person's ex-spouse pursuant to a divorce decree.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock option exercise, stock disposal, and share transfer. |
| 03/26/2029 | Expiration date of employee stock options. |
| 05/17/2024 | Date of signature for the Form 4 filing. |
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