BOUSBIB ARI 4

What Happened
Ari Bousbib, a director of Home Depot, received two equity awards on 2026-05-21 reported as derivative acquisitions. He was granted 270.891 deferred stock units at an imputed price of $313.78 each (total value $85,000) and 796 deferred shares recorded at $0.00 (no immediate cash cost). These were granted under Home Depot director compensation plans and are not open-market purchases or sales.

Key Details

• Transaction date(s): 2026-05-21; Form 4 filed 2026-05-26 (filed 5 days after the transaction — outside the typical 2-business-day window).
• Grants: 270.891 Deferred Stock Units @ $313.78 (value $85,000); 796 Deferred Shares @ $0.00 (no immediate value reported). Both reported as derivative awards (code A).
• Shares owned after transaction: Not provided in the information supplied in this summary.
• Footnotes of note:
  • F1: The 796 Deferred Shares were granted under the Omnibus Stock Incentive Plan and convert one-for-one to common stock on the earliest of (i) one year after director termination, (ii) death/retirement/disability, or (iii) a change in control. Vesting occurs at the next annual shareholders meeting.
  • F2: The 270.891 Deferred Stock Units convert one-for-one to common stock following termination of service under the Non-Employee Directors' Deferred Stock Compensation Plan.
• Filing timeliness: The Form 4 was filed several days after the transaction date; insiders are generally required to file within two business days, so this appears late.

Context
These are awards of deferred equity (not an immediate cash purchase or sale). Deferred stock units/shares typically convert to common shares upon specified events (termination, retirement, death, change in control) or after vesting, so they do not represent immediate market purchases or sales and should be viewed as part of director compensation rather than a direct trading signal.