McFarland Joseph Michael 4
4 · LOWES COMPANIES INC · Filed Mar 25, 2024
Insider Transaction Report
Form 4
McFarland Joseph Michael
EVP, Stores
Transactions
- Award
Performance Share Units
2024-03-21+15,525→ 15,525 total→ Common Stock (15,525 underlying)
Footnotes (1)
- [F1]Each performance share unit represents a contingent right to receive one share of the Issuer's common stock. The performance share units were granted on April 1, 2021 and were subject to the achievement of certain pre-established metrics over the three-year performance period ending at the end of fiscal 2023. On March 21, 2024, the Compensation Committee of the Issuer's Board of Directors certified the performance metrics and determined the number of performance share units that were earned. The performance share units continue to be subject to a service condition that will be satisfied on April 1, 2024.