ARPEY GERARD J 4

What Happened
Gerard J. Arpey, a director of Home Depot (HD), received a grant of 796 deferred shares on 2026-05-21. The award is reported as a derivative grant (transaction code A) at a grant price of $0.00 (total value $0 at grant), i.e., no cash was exchanged.

Key Details

• Transaction date: 2026-05-21; Form 4 filed 2026-05-26 (appears late relative to the typical 2-business-day filing requirement).
• Award: 796 deferred shares granted under The Home Depot, Inc. Omnibus Stock Incentive Plan. Reported as derivative award (A).
• Price/value: $0.00 per share at grant; reported value $0 (typical for deferred share awards).
• Shares owned after transaction: not specified in the filing.
• Footnote: Deferred Shares convert to common stock one-for-one upon the earliest of (i) first anniversary of the director’s termination of service, (ii) the director’s death, retirement or disability, or (iii) a change in control. Vesting of shares occurs on the date of the next annual shareholders meeting.

Context
This is a routine director compensation grant (deferred equity) rather than an open-market purchase or sale. Such awards are common for board members and do not by themselves indicate a buy/sell sentiment by the insider. The late filing may be worth noting for compliance purposes but does not change the economic nature of the grant.