March 21, 2024 · Form 4 insider transaction
Griggs Dan Clayton Jr bought 2,487 shares of Lowe's Companies, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Each performance share unit represents a contingent right to receive one share of the Issuer's common stock. The performance share units were granted on April 1, 2021 and were subject to the achievement of certain pre-established metrics over the three-year performance period ending at the end of fiscal 2023. On March 21, 2024, the Compensation Committee of the Issuer's Board of Directors certified the performance metrics and determined the number of performance share units that were earned. The performance share units continue to be subject to a service condition that will be satisfied on April 1, 2024.