Lowe's (LOW) Director Taylor Colleen Receives Phantom Stock Award

What Happened

• Taylor Colleen, a director of Lowe's Companies, Inc. (LOW), was credited with 67.828 shares as an award/credit under the company's directors' deferred compensation plan on 2026-09-30. The filing values the award at $184.29 per share for a total of $12,500. This transaction is an award (code A) and represents a derivative/phantom stock credit rather than an open-market purchase.

Key Details

• Transaction date: 2026-09-30; Form 4 filed: 2026-10-01 (within the typical reporting window).
• Transaction type: Award/Grant (derivative phantom stock; code A).
• Amount: 67.828 phantom shares at $184.29 each = $12,500 total.
• Shares owned after transaction: Not reported on the Form 4.
• Footnotes: F1 = credit to the director's deferred stock account; F2 = phantom stock equals economic equivalent of one common share, payable in cash when the director leaves the board; F3 = dividends credited to the deferred account.
• Filing timeliness: Filed Oct 1, 2026 — appears timely (not marked late).

Context

• This was a deferred compensation credit (phantom stock), a routine director award tied to the Directors' Deferred Compensation Plan. Phantom shares track the value of common stock and typically pay out in cash upon termination of board service, so they are not immediate purchases of company stock and do not directly signal a buy or sell decision.