Roseborough Teresa Wynn 4
Research Summary
AI-generated summary
Home Depot EVP Teresa Roseborough Receives Award; Sells Shares for Taxes
What Happened
Teresa Wynn Roseborough, Executive Vice President, General Counsel & Corporate Secretary of Home Depot (HD), received 2,519 performance shares on Feb 26, 2026 as the vesting of a 2023–2025 performance award. To cover tax liability, 1,059 shares and 665 shares were surrendered/returned (code F) at an indicated value of $375.09 each, resulting in dispositions of $397,220 and $249,435 respectively (totaling $646,655). The award entry is shown at $0 acquisition cost on the Form 4.
Key Details
- Transaction date: 2026-02-26 (reported on Form 4 filed 2026-03-02). Filing appears timely (filed within the 2 business-day window).
- Award: 2,519 performance shares granted/vested (code A) recorded at $0.00.
- Tax withholding/dispositions: 1,059 shares @ $375.09 = $397,220; 665 shares @ $375.09 = $249,435. Total withheld/disposed = 1,724 shares for $646,655.
- Net shares retained from this award: 2,519 − 1,724 = 795 shares. The insider’s total post-transaction beneficial ownership (all holdings) is not specified on this filing.
- Footnote: F1 indicates these were performance shares earned upon vesting of the Fiscal 2023–2025 performance share award. Code F indicates shares were used to satisfy tax withholding obligations, not an open-market sale.
Context
This was a vesting of performance-based restricted shares with routine share withholding to cover taxes (a common, non-market-sale action). The filing shows no open-market purchases or voluntary sales tied to sentiment; purchases generally carry more signal value than routine tax withholdings.