Home Depot (HD) EVP Angie Brown Withholds 96 Shares to Cover Taxes

What Happened

• Angie Brown, Executive Vice President & Chief Information Officer of Home Depot (HD), surrendered/withheld 96 shares to satisfy a tax or exercise payment related to an equity event. The transaction was reported as a disposal (code F) at $299.98 per share, totaling approximately $28,798.
• This was a tax-withholding/disposal of shares rather than an open-market sale or a purchase; such withholdings are routine following option exercises or vested awards and do not necessarily signal a change in insider sentiment.

Key Details

• Transaction date: 2026-09-20. Filing date: 2026-09-22 (reported promptly).
• Price: $299.98 per share; total value withheld ≈ $28,798.
• Transaction type/code: F — payment of exercise price or tax liability (shares withheld/surrendered).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Filed within two days of the transaction date (not marked late).

Context

• Code F typically means shares were surrendered or withheld to cover taxes from a stock option exercise or the vesting of restricted stock units. This is a common administrative action and is not the same as an open-market sale.
• For retail investors, routine tax withholding is generally neutral information: it reflects vesting or exercise mechanics rather than an insider actively selling shares for investment reasons.