4/A: Home Depot SVP-Finance, CAO & Controller Kimberly R. Scardino Reports Changes in Beneficial Ownership

Kimberly R. Scardino, SVP-Finance, CAO & Controller of Home Depot, reports changes in beneficial ownership of company stock due to the vesting of performance shares and subsequent tax withholding.

Summary

• This is an amended SEC Form 4/A filing by Kimberly R. Scardino, SVP-Finance, CAO & Controller of Home Depot.
• The filing reports changes in her beneficial ownership of Home Depot common stock.
• On February 27, 2025, Ms. Scardino acquired 302 shares of common stock at $0.05 per share due to the vesting of performance shares from the Fiscal 2022-2024 performance share award.
• Also on February 27, 2025, 99 shares were disposed of at $390.27 per share for tax withholding.
• Following these transactions, Ms. Scardino beneficially owns 7,091 shares of Home Depot common stock.
• The amendment corrects an administrative error in the original report filed on February 28, 2025, where the acquisition of shares was reported net of shares withheld for taxes.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing. The vesting of performance shares is generally a positive sign, but the tax withholding is neutral. The amendment to correct an error is slightly negative, but overall the sentiment is neutral.

Positives

• The vesting of performance shares indicates that performance targets were met, which is a positive signal.

Future Outlook

There are no forward-looking statements in this document.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the holdings of company insiders.

Comparison to Industry Standards

• Executive compensation packages often include performance-based equity awards to align management interests with shareholder value.
• Tax withholding on vested equity is a standard practice.
• Similar filings are regularly made by executives at comparable companies like Lowe's (LOW) and other major retailers.

Stakeholder Impact

• The vesting of performance shares aligns executive interests with shareholder value.
• The disclosure provides transparency to shareholders regarding executive compensation.

Key Dates