Home Depot EVP Stephanie Smith Disposes of 130 Shares for Tax Withholding

Executive Overview

On September 22, 2026, Home Depot, Inc. ($HD) filed a Form 4 reporting a disposition of common stock by Stephanie Smith, Executive Vice President of Human Resources. On September 20, 2026, 130 shares of common stock were withheld at an execution price of $299.98 per share, representing a total transaction value of $38,997.40.

Transaction Details

• Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3).
• Nature of Holding: Direct ownership.
• Post-Transaction Holdings: Following the disposition, Smith directly owns 7,781.8866 shares of Home Depot common stock.

Analysis and Market Significance

This disposition was executed automatically under Transaction Code F to satisfy statutory tax withholding requirements upon the vesting of previously granted equity awards. Because the transaction does not represent an open-market sale or discretionary insider divestiture, it carries Low trading significance and is neutral regarding insider sentiment on the company's valuation.