Bastek William D 4
Research Summary
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Home Depot (HD) EVP William Bastek Sells 2,972 Shares (Tax Withholding)
What Happened William D. Bastek, Executive Vice President of Merchandising at Home Depot (HD), had 2,972 shares disposed on April 3, 2026 to satisfy tax withholding related to an equity award or option exercise. The shares were recorded at $321.63 each, resulting in proceeds of roughly $955,884 (reported as a disposition for tax payment).
Key Details
- Transaction date: 2026-04-03; price per share: $321.63; total value: ~$955,884.
- Transaction code F: payment of exercise price or tax liability (shares surrendered/withheld to cover taxes).
- Shares owned after the transaction: not specified in the provided filing details.
- Filing date: 2026-04-06 (appears timely based on the Apr 3 transaction; no late filing flag reported).
Context This was a tax-withholding disposition (common when insiders exercise options or when restricted shares vest) rather than an open-market sale for cash or investment purposes. Such withholding transactions are routine and do not necessarily indicate the insider's view on the company's stock.