Simkins Lawrence 4

What Happened
Lawrence Simkins, a director of Lowe's Companies, Inc. (LOW), was granted a deferred/phantom stock award on 2026-07-09: 117.371 phantom shares with an imputed price of $213.00 per share, totaling $25,000. This was recorded as a derivative award (transaction code A) credited to his directors' deferred compensation account rather than a purchase of common stock.

Key Details

• Transaction date: 2026-07-09; Form filed: 2026-07-10.
• Award: 117.371 phantom shares at $213.00 per share; total reported value $25,000.
• Transaction type: A = Award/Grant (derivative/phantom stock), not an open-market purchase or sale.
• Shares owned after transaction: not specified in this filing.
• Footnotes:
  • F1 — Award credited to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan.
  • F2 — Each phantom share is the economic equivalent of one common share; the Reporting Person becomes entitled to the cash value upon ceasing to be a director.
  • F3 — Dividends are credited to the deferred stock account.
• Timeliness: Filed next day (not marked late).

Context
This is a deferred-compensation grant of phantom stock: no actual common shares were transferred and no immediate sale or purchase occurred. The award represents future cash value tied to the company’s stock and typically pays out (in cash) when the director leaves the board or per plan terms; it should not be read as an immediate market purchase or sale signal.