Form 4: Laurie Z. Douglas Reports Acquisition of Lowe's Companies Inc. Phantom Stock

Director Laurie Z. Douglas reports the acquisition of phantom stock in Lowe's Companies Inc. through deferred compensation and dividend credits.

Summary

• On March 31, 2025, Laurie Z. Douglas, a director of Lowe's Companies Inc., acquired 64.314 shares of phantom stock through the company's Directors' Deferred Compensation Plan.
• These shares were acquired at a price of $233.23 per share.
• The reporting person now beneficially owns 4,460.507 shares of common stock, including the phantom stock.
• Each share of phantom stock is equivalent to one share of common stock, and the reporting person will receive the cash value upon ceasing to be a director.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and alignment of director interests with company performance.

Positives

• The acquisition of phantom stock through deferred compensation aligns the director's interests with the long-term performance of the company.
• The dividend credit to the deferred stock account further increases the director's stake in the company's success.

Future Outlook

The reporting person will receive the cash value of the phantom stock upon ceasing to be a director of the Issuer.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning the director's interests with the company's long-term success.

Key Dates

Keywords

phantom stock, director, deferred compensation, LOW, Lowes Companies Inc., beneficial ownership, Form 4