Rowe Michael F. 4
Research Summary
AI-generated summary
Home Depot (HD) EVP Michael Rowe Receives Award; 226 Shares Withheld
What Happened
Michael F. Rowe, an Executive Vice President at Home Depot (HD), had 729 performance shares vest on 2026-02-26 (reported as an award at $0 acquisition price). To satisfy tax withholding related to the vesting, 226 shares were surrendered/disposed at $375.09 per share for a reported value of $84,770. This was a compensation vesting event, not a market purchase.
Key Details
- Transaction date: 2026-02-26; Filing date: 2026-03-02 (filing appears timely).
- Award: 729 shares granted/vested (code A) at $0.00.
- Withholding/disposition: 226 shares surrendered (code F) at $375.09 for $84,770.
- Shares owned after the transactions: not specified in the filing.
- Footnote: These were performance shares earned upon vesting of the Fiscal 2023–2025 performance share award.
Context
This was a routine compensation event: performance shares vested and a portion was withheld to cover taxes (a common practice). The disposition reflects tax withholding rather than an open-market sale signaling sentiment.