Form 4: Lowe's Executive Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Lowe's EVP Margrethe R. Vagell reported transactions involving company stock, including the acquisition of restricted stock and the disposition of shares for tax withholding.
Summary
- Margrethe R. Vagell, EVP of Supply Chain at Lowe's Companies Inc., reported stock transactions on April 1, 2026.
- Vagell disposed of 214 shares of common stock at a price of $235.98 per share, which were used to satisfy tax withholding obligations upon the vesting of restricted shares granted on April 1, 2023.
- Additionally, Vagell acquired 4,653 shares of restricted stock, granted under the 2006 Long Term Incentive Plan, with these shares scheduled to fully vest on April 1, 2029.
- Following these transactions, Vagell directly holds 18,464 shares and indirectly holds 890,646.6 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details routine stock transactions for tax purposes and the grant of long-term incentives, rather than significant strategic shifts or financial performance indicators.
Positives
- Acquisition of 4,653 restricted shares under the Long Term Incentive Plan, indicating continued equity-based compensation and alignment with long-term company performance.
- Direct holdings of 18,464 shares and indirect holdings of 890,646.6 shares demonstrate significant beneficial ownership by a key executive.
Negatives
- Disposition of 214 shares to cover tax withholding obligations, representing a reduction in direct share count, albeit for a necessary purpose.
Future Outlook
The filing indicates that the 4,653 restricted shares acquired on April 1, 2026, are scheduled to fully vest on April 1, 2029, suggesting a continued incentive for long-term performance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for executives and directors regarding their company stock transactions, providing transparency into insider activity within the retail sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Margrethe R. Vagell granted a Power of Attorney to specific individuals to execute Forms 3, 4, and 5, and other necessary SEC filings on her behalf. | 10/01/2025 | Facilitates timely and accurate reporting of insider transactions and compliance with SEC regulations. |
Stakeholder Impact
- Shareholders: Gain insight into executive stock ownership and transactions, which can inform investment decisions.
- Employees: The grant of restricted stock reinforces the company's use of equity incentives to retain and motivate key personnel.
- Management: Demonstrates adherence to disclosure requirements and ongoing equity participation in the company.
Next Steps
- Vesting of 4,653 restricted shares on April 1, 2029.
Key Dates
| Date | Description |
|---|---|
| 04/01/2023 | Date restricted shares were granted. |
| 04/01/2026 | Date of stock transactions reported. |
| 04/01/2029 | Vesting date for restricted stock granted on April 1, 2023. |
| 10/01/2025 | Effective date of the Power of Attorney. |
| 04/02/2026 | Date of signature on the Form 4 filing. |
Keywords
Form 4, SEC Filing, Lowe's Companies Inc., LOW, Insider Trading, Stock Transaction, Executive Compensation, Restricted Stock, Tax Withholding, Beneficial Ownership
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