Scardino Kimberly R 4

What Happened

• Kimberly R. Scardino, SVP‑Finance, CAO & Controller of Home Depot, had 107 shares disposed on 2026-03-24 to cover tax liability from an exercise (F) at $330.91/share, netting $35,407. On 2026-03-25 she was granted 902 shares (award A) and 2,358 derivative awards (award A) at $0 (no cash payment). The 107‑share disposal was a routine tax withholding; the larger activity was receipt of equity awards, not an open‑market purchase.

Key Details

• Transaction dates and amounts:
  • 2026-03-24: 107 shares disposed (tax/payment code F) @ $330.91 = $35,407.
  • 2026-03-25: 902 shares granted (award A) @ $0 (restricted/performance shares).
  • 2026-03-25: 2,358 derivative awards granted (award A) @ $0 (stock option‑type award).
• Shares owned after transaction: Not specified in the provided excerpt; see the full Form 4 for total beneficial ownership.
• Notable footnotes:
  • F1: The 902 performance‑based restricted shares were issued under the Omnibus Stock Incentive Plan; vest 50% after 30 months and 50% after 60 months. The 2026 portion is forfeitable if FY2026 operating profit is under 90% of target.
  • F2: The derivative awards (stock options) vest annually in 25% increments beginning on the second anniversary of the grant.
• Filing timeliness: Form 4 filed 2026-03-26 for transactions dated 2026-03-24 and 03-25 — appears timely (Form 4 is generally due within two business days).
• Transaction codes: A = award/grant, F = payment of exercise price or tax withholding.

Context

• The 902 RSUs and 2,358 derivative awards are compensation grants (no cash paid) and vest over time, so they are not immediate bullish purchases. The 107‑share disposal was a tax withholding event and is routine after an exercise. For retail investors, award grants mainly reflect compensation structure rather than a direct statement about near‑term insider sentiment.