McPhail Richard V 4

What Happened

• Richard V. McPhail, Executive Vice President & Chief Financial Officer of Home Depot, was credited with 3,878 performance shares on 2026-02-26 (reported as acquired at $0.00) as these awards vested. To cover tax withholding, 1,328 of those shares were surrendered/disposed at a reported price of $375.09 per share, totaling about $498,120. Net shares retained from this vesting event equal 2,550 shares (3,878 granted minus 1,328 withheld).

Key Details

• Transaction date: 2026-02-26 (reported on Form 4 filed 2026-03-02; filing is within the two-business-day window and therefore timely).
• Awarded: 3,878 shares (code A) reported at $0.00.
• Withheld/disposed for taxes: 1,328 shares (code F) at $375.09 per share = $498,120.
• Net new shares from the award: 2,550 (3,878 - 1,328).
• Footnote: F1 — these were performance shares earned upon vesting of the Fiscal 2023–2025 performance share award.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• This was a vesting of performance-based equity, not an open-market buy or an opportunistic sale; the 1,328-share disposition reflects tax withholding (common practice) rather than an indicator of intent to sell on the market. Performance-share awards increase insider equity exposure and are routine as compensation vests.