Lowe's Director Laurie Douglas Receives Deferred Phantom Stock Award

Executive Summary

On October 1, 2026, Lowe's Companies, Inc. ($LOW) reported an acquisition of phantom stock by Director Laurie Z. Douglas. The transaction took place on September 30, 2026, and involved the crediting of 81.393 shares of phantom stock valued at $184.29 per share, totaling approximately $15,000.

Transaction Details

• Security: Phantom Stock
• Transaction Code: A (Award / Grant)
• Shares Acquired: 81.393
• Price Per Share: $184.29
• Gross Value: $14,999.92
• Post-Transaction Holdings: 5,008.938 shares of phantom stock (direct ownership)

Plan & Structure Details

According to the footnotes:

• The acquisition represents a credit of deferred compensation under the Issuer's Directors' Deferred Compensation Plan.
• Each unit of phantom stock serves as the economic equivalent of one share of Lowe's common stock.
• Settlement is payable in cash upon the reporting person ceasing to serve as a director of the company.
• Post-transaction balances include regular credits of dividend equivalents credited under the plan.

Market & Trading Significance

This transaction carries Low informational significance for investors. It reflects an automated or standard election under the board's deferred compensation structure rather than an open-market, discretionary purchase or sale. Such transactions are typical for non-employee director compensation and do not signal changes in corporate outlook or operational performance.