Kadre Manuel 4

4 · HOME DEPOT, INC. · Filed May 26, 2026

AI-generated summary of this filing

Updated May 26, 2026

Home Depot (HD) Director Manuel Kadre Receives Deferred Stock Awards

What Happened

Manuel Kadre, a Home Depot director, received director compensation in the form of deferred equity on May 21, 2026. The Form 4 reports two derivative awards: 796 deferred shares reported at $0.00 and 191.217 deferred stock units (DSUs) reported at $313.78 per share for a total reported value of $60,000. These are awards (transaction code A), not open-market purchases or sales.

Key Details

Transaction date: 2026-05-21; Form 4 filed: 2026-05-26 (filed within the required two business days given the Memorial Day holiday on 2026-05-25).
Awards reported:
- 796 deferred shares @ $0.00 (derivative; no purchase price reported).
- 191.217 deferred stock units @ $313.78 = $60,000 (derivative).
Shares owned following the transaction: not disclosed in the provided filing excerpt.
Footnotes:
- F1: The 796 Deferred Shares were granted under the Omnibus Stock Incentive Plan and convert one-for-one to common stock upon specified events (e.g., termination, death, retirement, disability, change in control); vesting occurs at the next annual shareholders meeting.
- F2: The 191.217 Deferred Stock Units convert one-for-one to common stock following a termination of service per the Non‑Employee Directors' Deferred Stock Compensation Plan.
Transaction type: Award/Grant (derivative securities), typical non-employee director compensation — not a market signal like an open-market buy or sale.

Context

These awards are deferred director compensation that convert to common shares only upon certain triggers or vesting events; they do not represent immediate open‑market purchases or sales. Such grants are routine for non-employee directors and are primarily compensation rather than a direct trading signal.

Form 4

Period: 2026-05-21

Director

Transactions

Award
Deferred Shares
[F1]
2026-05-21+796→ 8,769.833 total
→ common stock (796 underlying)
Award
Deferred Stock Units
[F2]
2026-05-21$313.78/sh+191.217$60,000→ 1,941.543 total
→ common stock (191.217 underlying)

Footnotes (2)

[F1]The Deferred Shares were granted under The Home Depot, Inc. Omnibus Stock Incentive Plan, as amended and restated May 19, 2022, and convert to shares of Common Stock on a one-for-one basis upon the earliest of (i) the first anniversary of the director's termination of service as a Board member, (ii) the date of the director's death, retirement or disability, or (iii) the date of a change in control of the Company. Vesting of shares occurs on the date of the next annual shareholders meeting.
[F2]The Deferred Stock Units convert to shares of Common Stock on a one-for-one basis following a termination of service as described in The Home Depot, Inc. NonEmployee Directors' Deferred Stock Compensation Plan.

Signature

/s/ Stephanie Bignon, Attorney-in-Fact for Manuel Kadre|2026-05-26

1 file