Deaton John A. 4
Research Summary
AI-generated summary
Home Depot (HD) EVP John Deaton Receives Stock Awards, Withholds 155 Shares
What Happened
- John A. Deaton, EVP — Supply Chain & Product Development at Home Depot (HD), received equity awards and had a small number of shares withheld to cover tax obligations. On 2026-03-25 he was granted 2,467 restricted shares (no cash cost) and 6,451 derivative awards (options/other equity subject to vesting). On 2026-03-24, 155 shares were surrendered/withheld at $330.91 per share to cover taxes, totaling $51,291. These awards are compensation (not open-market purchases).
Key Details
- Transaction dates and prices:
- 2026-03-24: 155 shares withheld to satisfy tax liability at $330.91/share — $51,291 (code F).
- 2026-03-25: 2,467 shares granted (code A) at $0.00 (restricted stock/performance-based).
- 2026-03-25: 6,451 derivative shares granted (code A) at $0.00 (stock options/other derivative).
- Shares owned after the transactions: not specified in the filing.
- Footnotes:
- F1: The 2,467 performance-based restricted shares vest 50% after 30 months and 50% after 60 months; they may be forfeited if FY2026 operating profit is under 90% of the target.
- F2: The derivative awards (stock options) vest annually in 25% increments beginning on the second anniversary of the grant.
- Filing timeliness: report filed 2026-03-26 for transactions on 2026-03-24 and 03-25 — no late filing indicated.
Context
- The 155-share disposition was a tax-withholding (routine), not an open-market sale; it reduces shares the insider received to satisfy tax obligations.
- The 2,467 shares are performance-restricted and subject to forfeiture/vesting conditions; the 6,451 derivative awards are potential future shares (options) that vest over time.
- These grants are typical executive compensation and do not by themselves signal a buy or sell decision by the insider.