4/A: Home Depot Executive William D. Bastek Corrects Stock Ownership Report
SEC Filing Amendment
William D. Bastek, EVP of Merchandising at Home Depot, files an amended SEC Form 4 to correct an administrative error in a previous report regarding the acquisition of shares.
Summary
- William D. Bastek, an EVP at Home Depot, filed an amended SEC Form 4 on March 3, 2025, to correct an error in a previous filing from February 28, 2025.
- The amendment concerns the reporting of performance shares earned upon vesting of the Fiscal 2022-2024 performance share award.
- The original report inadvertently reported the acquisition of shares net of shares withheld for taxes.
- The corrected report shows Bastek acquired 302 shares of common stock at $0.05 and disposed of 91 shares at $390.27 due to tax withholding.
- Following these transactions, Bastek beneficially owns 21,460.2932 shares of Home Depot common stock.
Sentiment
Score: 7
Explanation: The document is a routine correction of a regulatory filing. It doesn't indicate any significant positive or negative developments for the company, but transparency is generally viewed favorably.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings of key personnel.
Stakeholder Impact
- The correction provides more accurate information to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of transaction involving common stock. |
| 02/28/2025 | Date of original filing that contained an error. |
| 03/03/2025 | Date of the amended filing. |
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