Broggi Jordan 4

What Happened

• Jordan Broggi, Executive VP — Customer Experience & President, Online for Home Depot (HD), had performance shares vest on Feb 26, 2026. She was awarded 928 shares (reported as an acquisition at $0.00 because these are performance awards).
• To satisfy tax withholding obligations on the vested award, 280 shares were surrendered/withheld at a reported price of $375.09 per share, yielding a disposed value of $105,025. Using that share price, the 928-share award corresponds to an approximate market value of $348,084 on the vesting date.
• This was not an open-market sale or purchase of stock but routine vesting of performance-based equity and related tax withholding.

Key Details

• Transaction date: 2026-02-26 (reported on Form 4 filed 2026-03-02 — filed within the two-business-day window).
• Award: 928 shares granted (code A) at $0.00 (performance shares vesting).
• Withholding: 280 shares disposed/withheld (code F) at $375.09 each for $105,025 to cover taxes.
• Shares owned after the transaction: not specified in the filing.
• Footnote: F1 — these shares reflect performance shares earned upon vesting of the Fiscal 2023–2025 performance share award.
• Filing timeliness: Form 4 shows a timely filing (transaction 2/26, Form 4 filed 3/2).

Context

• This transaction is a common administrative event: performance shares vested and a portion was withheld to satisfy tax liabilities. The withheld shares are not a market sale intended to realize gains; they’re routine tax-related disposals.
• Such vesting awards are compensation, not directional insider buying or selling. For investors, purchases are usually a stronger signal than routine vesting or withholding events.