SMITH STEPHANIE 4

What Happened Stephanie Smith, Executive Vice President — Human Resources at Home Depot (HD), was granted 64.586 stock units under a company restoration plan on January 31, 2026. The units are reported at a per-unit value of $374.59, for a total reported value of approximately $24,193. This transaction is an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-31; Report filed: 2026-02-03.
• Award: 64.586 stock units @ $374.59 each; total value reported ≈ $24,193.
• Transaction type: A (grant/award) — recorded as a derivative award.
• Shares owned after transaction: Not specified in the filing excerpt.
• Footnote: The units were issued under The Home Depot FutureBuilder Restoration Plan and convert to common shares on a one-for-one basis upon a distribution event (see footnote F1).
• No indication in this filing that the transaction was part of a Rule 10b5-1 plan, a sale, or a cash exercise.

Context This is a compensation-related award of restoration-plan stock units. These units are derivatives that become common shares only when distributed under the plan’s terms, so they are different from an immediate market purchase or sale. Such grants are routine for executive compensation and do not by themselves indicate a buy/sell signal.