McFarland Joseph Michael 4
4 · LOWES COMPANIES INC · Filed Apr 3, 2025
Insider Transaction Report
Form 4
McFarland Joseph Michael
EVP, Stores
Transactions
- Exercise/Conversion
Common Stock
2025-04-01+8,531→ 62,630 total - Tax Payment
Common Stock
2025-04-01$234.01/sh−5,679$1,328,943→ 56,951 total - Award
Common Stock
2025-04-01+9,615→ 66,566 total - Exercise/Conversion
Performance Share Units
2025-04-01−8,531→ 0 total→ Common Stock (8,531 underlying) - Award
Non-Qualified Stock Option (right to buy)
2025-04-01+14,516→ 14,516 totalExercise: $234.01Exp: 2035-04-01→ Common Stock (14,516 underlying)
Footnotes (5)
- [F1]Each performance share unit represented a contingent right to receive one share of the Issuer's common stock upon the achievement of certain pre-established metrics over the three-year performance period ending at the end of fiscal 2024.
- [F2]Reflects shares delivered by reporting person to satisfy withholding taxes due upon vesting of performance share units and restricted shares granted on April 1, 2022.
- [F3]Restricted stock granted pursuant to 2006 Long Term Incentive Plan. These shares will fully vest on April 1, 2028.
- [F4]At the vest date, the performance share units earned converted into an equivalent number of shares of the Issuer's common stock.
- [F5]This option vests in three annual installments beginning on April 1, 2026.