Santilli Paula 4
4 · HOME DEPOT, INC. · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Home Depot (HD) Director Paula Santilli Receives Stock Award
What Happened
Paula Santilli, a director of Home Depot (HD), was granted deferred equity on 2026-05-21: 796 deferred shares (no cash paid) and 191.217 deferred stock units valued at $313.78 each (totaling $60,000). These are derivative awards (not open-market purchases or sales) issued as director compensation.
Key Details
- Transaction date: 2026-05-21; Form 4 filed: 2026-05-26.
- Grants: 796 deferred shares @ $0.00 (derivative); 191.217 deferred stock units @ $313.78 (derivative), total reported value $60,000.
- Shares owned after transaction: not specified 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 on the earliest of termination, death/retirement/disability, or a 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 termination of service per the Non-Employee Directors' Deferred Stock Compensation Plan.
- Filing timeliness: Form lists a filing date of 2026-05-26 for the 2026-05-21 grants; no late-filing flag was provided in the supplied data.
Context
These awards are standard non-cash director compensation in deferred form and do not represent an immediate open-market purchase or sale. The deferred units convert to common shares upon specified events (termination, retirement, change in control, etc.), so they do not immediately change tradable shares or reflect an immediate buying signal.
Insider Transaction Report
- Award
Deferred Shares
[F1]2026-05-21+796→ 4,210.941 total→ common stock (796 underlying) - Award
Deferred Stock Units
[F2]2026-05-21$313.78/sh+191.217$60,000→ 950.594 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.