Form 4: Home Depot Executive Jordan Broggi Reports Stock Transactions

EVP-Cust. Svc. & Pres.-Online at Home Depot, Jordan Broggi, reports acquisition and disposal of common stock and employee stock options.

Summary

• Jordan Broggi, an executive at Home Depot, filed a Form 4 detailing changes in beneficial ownership.
• On August 15, 2024, Broggi acquired 694 shares of common stock at $0.05 and disposed of 3,380.1396 shares.
• Broggi also acquired 2,871 employee stock options with an exercise price of $360.07, exercisable from August 15, 2024, and expiring on August 14, 2034.
• Following these transactions, Broggi directly owns 2,871 derivative securities and 3,380.1396 shares of common stock.
• The stock options were issued under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022 and vest annually in 25% increments beginning on the second anniversary of the grant date.
• The restricted shares were issued under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022 and vest 50% after 30 months and the remaining 50% after 60 months.

Sentiment

Score: 5

Explanation: This is a routine filing; sentiment is neutral as it simply reports transactions.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.

Key Dates