Rowe Michael F. 4
4 · HOME DEPOT, INC. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Home Depot (HD) EVP Michael Rowe Receives Award (~$4K)
What Happened
Michael F. Rowe, Executive Vice President, Pro, received a grant of 10.718 stock units under a restoration plan on January 31, 2026. The units are reported at an imputed price of $374.59 each, for a total reported value of approximately $4,015. This was an award/acquisition of derivative securities (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-01-31; filing date: 2026-02-03 (filed promptly).
- Grant: 10.718 stock units at $374.59 per unit; total value reported ≈ $4,015.
- Security type: Derivative (restoration plan stock units that convert 1:1 to common shares upon distribution). See footnote F1.
- Shares owned after transaction: not provided in the details you supplied.
- No sale or purchase on the open market; this is a compensation/benefit award.
Context
Restoration-plan stock units are typically part of executive compensation and convert to ordinary shares on a future distribution event, so they represent deferred pay rather than an immediate purchase or sale. Such awards are routine and should not be interpreted as a direct bullish or bearish signal about the stock price. Footnote F1: The units were acquired under The Home Depot FutureBuilder Restoration Plan and convert to common stock on a one-for-one basis upon a distribution event.
Insider Transaction Report
- Award
Restoration Plan Stock Units
[F1]2026-01-31$374.59/sh+10.718$4,015→ 10.718 total→ $.05 Common Stock (10.718 underlying)
Footnotes (1)
- [F1]The restoration plan stock units were acquired under The Home Depot FutureBuilder Restoration Plan and convert to shares of common stock on a one-for-one basis upon a distribution event under the terms of the plan.