COCHRAN SANDRA B 4
Research Summary
AI-generated summary
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.
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