Form 4: Home Depot Executive John A. Deaton Reports Stock Transactions
SEC Form 4 Filing
EVP of Supply Chain & Product Development at Home Depot, John A. Deaton, reports acquisition and disposal of company stock and stock options.
Summary
- John A. Deaton, an Executive Vice President at Home Depot, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On March 25, 2025, Deaton disposed of 250 shares of common stock at a price of $360.99.
- On March 26, 2025, he acquired 2,265 shares of common stock.
- He also acquired 5,921 employee stock options with an exercise price of $362.13, expiring on March 25, 2035.
- Following these transactions, Deaton beneficially owns 14,479.7009 shares of common stock and 5,921 derivative securities.
- The filing also includes a Power of Attorney, authorizing several individuals to act on Deaton's behalf for SEC filings related to Home Depot securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting routine stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The performance-based restricted shares will be forfeited if FY2025 Company operating profit is not at least 90% of the target established under the 2025 Management Incentive Plan.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies to ensure transparency and compliance with SEC regulations.
Comparison to Industry Standards
- Executive stock ownership and trading are common across publicly listed companies like Home Depot.
- Companies such as Lowe's (LOW) and other major retailers have similar reporting requirements for their executives.
- The vesting schedules and performance-based conditions of the stock options and restricted shares are typical incentive mechanisms used to align executive compensation with company performance, similar to practices at Walmart (WMT) and Target (TGT).
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
- It assures stakeholders that executives' interests are aligned with company performance through stock ownership and performance-based incentives.
Key Dates
| Date | Description |
|---|---|
| May 19, 2022 | The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated |
| 03/25/2025 | Disposal of 250 shares of common stock at $360.99 and grant date of stock options. |
| 03/26/2025 | Acquisition of 2,265 shares of common stock and employee stock options. |
| 03/27/2025 | Date of signature for the Form 4 filing. |
| 03/25/2035 | Expiration date of the employee stock options. |
Keywords
Form 4, Home Depot, Stock Options, Stock Transactions, Beneficial Ownership, Deaton, HD
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