SMITH STEPHANIE 4

What Happened
Stephanie Smith, Executive Vice President — Human Resources at Home Depot (HD), received 895 shares on 2026-02-26 as the vesting of a performance award (price reported $0.00 per share). To cover tax obligations related to the vesting, 273 shares were surrendered/withheld (reported as disposed) at $375.09 per share, generating approximately $102,400.

Key Details

• Transaction date: 2026-02-26 (reported on Form 4 filed 2026-03-02).
• Award: 895 shares acquired (code A) at $0.00 — performance shares vested.
• Tax withholding: 273 shares disposed (code F) at $375.09 each, total ≈ $102,400.
• Shares owned after transaction: not specified in the filing.
• Footnote: F1 — these were performance shares earned upon vesting of the Fiscal 2023–2025 performance share award.
• Filing timeliness: report filed 2026-03-02 for transactions on 2026-02-26 (filing date shown on the report).

Context
This was a routine vesting of long-term incentive (performance) shares, not an open-market purchase or a discretionary sale. The 273-share disposition reflects share withholding to satisfy tax liabilities (a common administrative step), not a market sale for investment purposes. Such awards are standard executive compensation and do not by themselves indicate the insider's view on the company’s stock.