Vance Quonta D 4
Research Summary
AI-generated summary
Lowe's (LOW) EVP Quonta D. Vance Receives Restricted Shares
What Happened
- Quonta D. Vance, EVP, Pro & Home Services at Lowe's, was awarded 4,793 restricted shares on April 1, 2026 (grant code A). To cover withholding taxes on the vesting, 327 shares were delivered/disposed at $235.98 each (code F), generating proceeds of $77,165 used for tax withholding. The award shares carry a future vesting schedule.
Key Details
- Transaction dates: April 1, 2026 (reported on Form 4 filed April 2, 2026)
- Award: 4,793 restricted shares granted (price reported $0.00 for grant)
- Withholding/disposition: 327 shares disposed at $235.98 each = $77,165 (tax withholding)
- Shares owned after transaction: Not specified in this filing
- Footnotes: F1 — 327 shares delivered to satisfy withholding taxes from vesting of restricted shares granted Apr 1, 2023. F2 — Restricted stock granted under the 2006 Long Term Incentive Plan; these 4,793 shares will fully vest on Apr 1, 2029.
- Transaction codes: A = Award/Grant, F = Tax withholding (routine); no indication this filing was late.
Context
- This was primarily a grant of restricted stock (an equity award) with a routine share delivery to cover taxes. The withholding sale is a common administrative action and does not by itself indicate the insider's view of the company. The new restricted shares vest over time (full vesting noted as April 1, 2029).