Form 4: Lowes Companies Inc. Director Batchelder Reports Phantom Stock Acquisition
SEC Filing
Director David H. Batchelder reports acquisition of phantom stock and dividend credits in Lowes Companies Inc.'s Directors' Deferred Compensation Plan.
Summary
- David H. Batchelder, a director of Lowes Companies Inc., filed a Form 4 on April 02, 2025, reporting changes in beneficial ownership.
- The report details the acquisition of phantom stock units and dividend credits under the Issuer's Directors' Deferred Compensation Plan on March 31, 2025.
- Batchelder acquired 107.19 shares of phantom stock at a price of $233.23.
- Following the reported transactions, Batchelder beneficially owns 4,739.85 shares of phantom stock directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding director compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: acquisition of phantom stock and dividend credits. |
| 04/02/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, LOW, Lowes Companies Inc., Director, David H. Batchelder, Phantom Stock, Deferred Compensation, Dividends
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