Lowe's (LOW) EVP Adam Filipponi Receives Award of 3,212 Shares

What Happened

• Adam D. Filipponi, EVP, Strategy & Business Development at Lowe's Companies, was granted 3,212 restricted shares on September 15, 2026. The Form 4 reports an acquisition at $0.00 (total reported $0), reflecting a restricted-stock award rather than a market purchase or sale.
• The award is described as restricted stock granted under the 2006 Long Term Incentive Plan and will fully vest on September 15, 2029.

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-16. Price reported: $0.00 (award/grant).
• Shares acquired: 3,212 restricted shares. Reported total value on Form 4: $0 (grant; fair market value not stated on the filing).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote: F1 — these are restricted shares under the 2006 Long Term Incentive Plan and will fully vest on 9/15/2029.
• Filing timing: Form 4 was filed one day after the grant date; no late-filing indication provided in the supplied data.

Context

• This is a compensation/retention award (not a market purchase or sale). Restricted stock grants are common for aligning executives’ interests with long-term shareholder value; they typically do not signal immediate buying or selling intent.
• The shares are subject to vesting (three-year vesting period), so they represent a long-term incentive rather than an immediate change in tradable holdings.