Form 4: Lowe's SVP Gifts Shares to Charitable Fund
Insider Transaction Report
Lowe's SVP of Tax & CAO, Dan Clayton Griggs Jr., reported a charitable gift of 148.774 shares of common stock.
Summary
- Dan Clayton Griggs Jr., SVP, Tax & CAO of Lowe's Companies Inc. (LOW), reported a transaction on December 9, 2025.
- The transaction involved the disposition of 148.774 shares of Lowe's Common Stock as a gift, specifically a contribution to a charitable donor advised fund.
- The shares were disposed of at a price of $0.
- Following this transaction, Mr. Griggs directly owns 11,681 shares of Common Stock, which includes 106 shares acquired under the Lowe's Employee Stock Purchase Plan.
- Additionally, Mr. Griggs indirectly owns 1,896.2637 shares of Common Stock through a 401(k) Plan.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of an insider transaction (a gift of shares), which is neutral in terms of company performance or outlook. The charitable nature of the transaction is a minor positive for the individual's public image but has no material impact on the company's financial health or stock price.
Positives
- The charitable contribution demonstrates philanthropic activity by a senior executive.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4 filing.
Industry Context
This routine insider transaction, a charitable gift of shares by a senior executive, has no material impact on broader industry trends or competitive landscape.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Authorization of Power of Attorney | Dan Clayton Griggs, Jr. granted a Power of Attorney to several individuals, including Sandra Felton, to execute and file Forms 3, 4, 5, and 144 with the SEC on his behalf. | 2025-11-17 | Streamlines the process for timely SEC filings for insider transactions, ensuring compliance with Section 16(a) of the Exchange Act and Rule 144 under the Securities Act. |
Stakeholder Impact
- Shareholders: Minimal direct impact from a small charitable gift by an executive.
- Charitable Fund: Benefits from the gifted shares.
Key Dates
| Date | Description |
|---|---|
| 2025-11-17 | Date Power of Attorney was executed by Dan Clayton Griggs, Jr. |
| 2025-12-09 | Date of the reported transaction (charitable gift of shares). |
| 2025-12-10 | Date the Form 4 was signed by power of attorney. |
Keywords
Lowe's, LOW, Form 4, insider transaction, stock gift, charitable contribution, Dan Clayton Griggs Jr., SVP Tax & CAO, beneficial ownership
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