Santilli Paula 4

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.