Form 4: Home Depot Executive Sells Shares for Tax Withholding

Kimberly R. Scardino, SVP-Finance, CAO & Controller at Home Depot, disposed of 137 shares of common stock for tax withholding purposes.

Summary

• Kimberly R. Scardino, SVP-Finance, CAO & Controller of Home Depot, Inc. (HD), reported a disposition of common stock.
• On August 17, 2025, Scardino disposed of 137 shares of Home Depot common stock.
• The transaction was executed at a price of $399.38 per share, totaling approximately $54,715.46.
• This disposition was coded as 'F', indicating it was made to satisfy tax withholding obligations related to an equity award.
• Following this transaction, Kimberly R. Scardino beneficially owns 7,610 shares of Home Depot common stock.

Sentiment

Score: 5

Explanation: Neutral. The filing reports a routine insider transaction for tax withholding purposes, which is a common administrative event and does not inherently indicate positive or negative sentiment about the company's prospects.

Future Outlook

NA

Industry Context

This filing is a routine insider transaction report, common for executives of publicly traded companies like Home Depot who receive equity compensation. Such dispositions for tax withholding are standard practice and do not typically reflect a change in management's outlook on the company's performance or broader industry trends.

Comparison to Industry Standards

• The disposition of shares for tax withholding purposes is a standard practice across industries for executives receiving equity-based compensation. For example, executives at companies like Lowe's (LOW) or Target (TGT) frequently report similar transactions when equity awards vest, to cover statutory tax obligations.
• The number of shares disposed (137) is a relatively small fraction of the total shares beneficially owned (7,610), indicating a routine administrative action rather than a significant change in investment position.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a small, routine transaction for tax purposes by an executive, not indicative of a change in investment thesis.
• Employees: No direct impact beyond the reporting person.

Key Dates

Keywords

Home Depot, HD, Insider Trading, SEC Form 4, Stock Disposition, Executive Compensation, Tax Withholding