COCHRAN SANDRA B 4
4 · LOWES COMPANIES INC · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Lowe's Director Sandra Cochran Receives 1,003-Unit Award
What Happened
- Sandra B. Cochran, a director of Lowe's Companies, Inc. (LOW), was granted 1,003 deferred stock units (DSUs) on 2026-05-29.
- Transaction type: Award/Grant (derivative). Price reported: $0.00 per unit (no cash paid). This is a compensation grant, not an open-market buy or sale.
Key Details
- Transaction date: 2026-05-29; Filing date: 2026-06-01 (no late filing indicated).
- Amount: 1,003 Deferred Stock Units; reported acquisition value: $0.00 (derivative award).
- Shares owned after transaction: not disclosed in the provided filing details.
- Footnotes:
- F1: DSUs vest 100% on the earlier of the first anniversary of the grant or the day before Lowe's 2027 Annual Meeting; each DSU converts into one Lowe's common share immediately after the director's service on the Board ends.
- F2: Dividends are credited to the deferred stock account under Lowe's LTIP.
Context
- This award is routine director compensation in the form of deferred stock units. DSUs are not immediately tradable shares; they vest per the schedule above and convert to shares upon termination of board service. Such grants are generally compensation-related and do not directly signal a buy or sell decision by the insider.
Insider Transaction Report
Form 4
COCHRAN SANDRA B
Director
Transactions
- Award
Deferred Stock Units
[F1][F2]2026-05-29+1,003→ 17,120.967 totalExercise: $0.00→ Common Stock (1,003 underlying)
Footnotes (2)
- [F1]The Deferred Stock Units shall be 100% vested on the earlier of the first anniversary of the date of grant and the day immediately preceding the Issuer's 2027 Annual Meeting of Shareholders. Each Deferred Stock Unit shall convert into one share of the Issuer's common stock immediately after termination of the Reporting Person's service as a member of the Board of Directors of the Issuer.
- [F2]Includes the credit of dividends to the Reporting Person's deferred stock account under the Issuer's 2006 Long Term Incentive Plan, as amended and restated.
Signature
By: /s/ Sandra Felton by power of attorney for: Sandra B. Cochran|2026-06-01