Richard W. Dreiling - Dec 29, 2023 Form 4 Insider Report for LOWES COMPANIES INC (LOW)

Role
Director
Signature
By: /s/ Sandra Felton by power of attorney for: Richard W. Dreiling
Stock symbol
LOW
Transactions as of
Dec 29, 2023
Transactions value $
$50,000
Form type
4
Date filed
1/3/2024, 04:59 PM
Previous filing
Oct 3, 2023
Next filing
Apr 2, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LOW Phantom Stock Award $50K +225 +1.38% $222.55 16.5K Dec 29, 2023 Common Stock 225 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the credit of deferred compensation to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan.
F2 Each share of phantom stock is the economic equivalent of one share of common stock. The Reporting Person becomes entitled to the cash value of the phantom stock upon ceasing to be a director of the Issuer.
F3 Includes the credit of dividends to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan.