Bastek William D 4
4 · HOME DEPOT, INC. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Home Depot (HD) EVP William Bastek Receives Awards, Sells Shares
What Happened William D. Bastek, Executive Vice President, Merchandising at Home Depot (HD), had a small sale to cover taxes and received equity awards. On 2026-03-24 he disposed of 160 shares at $330.91 each for $52,946 (tax withholding). On 2026-03-25 he was granted 3,518 performance‑based restricted shares and 9,199 derivative awards (stock options) at $0 cash cost to him.
Key Details
- Sale (tax withholding): 160 shares on 2026-03-24 at $330.91 each = $52,946 (transaction code F).
- Grants: 3,518 restricted shares (granted 2026-03-25) and 9,199 derivative awards/options (granted 2026-03-25) reported at $0 acquisition price (transaction code A).
- Shares owned after the reported transactions: not specified in the provided filing excerpt.
- Footnotes:
- F1 (restricted shares): Performance‑based restricted shares vest 50% after 30 months and 50% after 60 months; the 2026 tranche will be forfeited if FY2026 operating profit is less than 90% of the target under the Management Incentive Plan.
- F2 (options): 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 2026-03-25 (no late filing flagged).
Context The 160-share disposal was a routine tax-withholding sale tied to equity compensation and is common after awards vest. The new restricted shares are performance‑conditioned (may be forfeited if company performance threshold isn’t met), and the 9,199 derivative awards are stock options with multi-year vesting — neither represent an immediate cash purchase or sale of stock by the insider.
Insider Transaction Report
- Tax Payment
$.05 Common Stock
2026-03-24$330.91/sh−160$52,946→ 24,677.947 total - Award
$.05 Common Stock
[F1]2026-03-25+3,518→ 28,195.947 total - Award
Employee Stock Options
[F2]2026-03-25+9,199→ 9,199 totalExercise: $332.51Exp: 2036-03-24→ $.05 Common Stock (9,199 underlying)
Footnotes (2)
- [F1]The performance-based restricted shares were issued under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022, and vest 50% after 30 months and the remaining 50% after 60 months. The 2026 shares will be forfeited if FY2026 Company operating profit is not at least 90% of the target established under the 2026 Management Incentive Plan.
- [F2]The stock options were issued under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022 and vest annually in 25% increments beginning on the second anniversary of the grant date.