Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-15

Lowes Companies (LOW)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$21,581,889
Marvin Ellison total, FY2025
55th
CEO pay percentile vs peers
578:1
CEO-to-median pay ratio
95.14%
Say-on-pay support, latest vote
Companies that benchmark against LOW
19 companies name LOW as a compensation peer

Each company listed discloses LOW in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named LOW in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Marvin Ellison$1,544,231$0$12,480,467$4,262,895$3,232,693$0$61,603$21,581,889
Chairman, President and Chief Executive Officer
William Boltz896,50404,418,8621,125,135938,3710100,2817,479,153
Executive Vice President, Merchandising
Joseph McFarland897,43804,418,8621,125,135939,349013,0717,393,855
Executive Vice President, Stores
Brandon Sink840,11203,756,148956,318879,345094,7186,526,641
Executive Vice President, Chief Financial Officer
Seemantini Godbole835,18503,703,296942,909874,188092,2666,447,844
Executive Vice President, Chief Digital and Information Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Marvin Ellison$21,581,889$20,164,912$18,162,272+1,416,977
William Boltz7,479,1536,367,3995,743,439+1,111,754
Joseph McFarland7,393,8556,351,5135,793,930+1,042,342
Brandon Sink6,526,6415,195,8994,549,757+1,330,742
Seemantini Godbole6,447,8445,531,4144,931,893+916,430

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Dividend-equivalent accruals2026-05-2911,03311 insiders, 11 accrual rows
Margrethe R. VagellEVP, Supply Chain2026-06-10D45500CommonForm 4 ↗
Juliette Williams PryorEVP, CLO & Corp. Sec.2026-06-15D9,7682202,150,816CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16D2,20000Derivative, Class A CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16D2,45000Derivative, Class A CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16A2,200109239,646CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16A2,45085207,246CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16A4,00080321,680CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16A5,500136745,965CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16D4,00000Derivative, Class A CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16D5,50000Derivative, Class A CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16D47600CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16D14,1502223,139,885CommonForm 4 ↗
Juliette Williams PryorEVP, CLO & Corp. Sec.2026-06-17D9,3302252,097,431CommonForm 4 ↗
Juliette Williams PryorEVP, CLO & Corp. Sec.2026-06-17D67000CommonForm 4 ↗
Margrethe R. VagellEVP, Supply Chain2026-06-18D2,500224559,575CommonForm 4 ↗
Laurie Z. DouglasDirector2026-07-09A70.4221315,000Derivative, Class A CommonForm 4 ↗
Colleen TaylorDirector2026-07-09A58.6921312,500Derivative, Class A CommonForm 4 ↗
Brian C. RogersDirector2026-07-09A117.3721325,000Derivative, Class A CommonForm 4 ↗
Lawrence SimkinsDirector2026-07-09A117.3721325,000Derivative, Class A CommonForm 4 ↗
Richard W. DreilingDirector2026-07-09A258.2221355,000Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 31 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Navdeep GuptaDirector2026-05-29A1,003$0$0Derivative, Class A CommonForm 4 ↗
Raul AlvarezDirector2026-05-29A1,00300Derivative, Class A CommonForm 4 ↗
Bertram L. ScottDirector2026-05-29A1,00300Derivative, Class A CommonForm 4 ↗
Colleen TaylorDirector2026-05-29A1,00300Derivative, Class A CommonForm 4 ↗
Stone West Mary EDirector2026-05-29A1,00300Derivative, Class A CommonForm 4 ↗
Brian C. RogersDirector2026-05-29A1,00300Derivative, Class A CommonForm 4 ↗
Sandra B. CochranDirector2026-05-29A1,00300Derivative, Class A CommonForm 4 ↗
Richard W. DreilingDirector2026-05-29A1,00300Derivative, Class A CommonForm 4 ↗
Lawrence SimkinsDirector2026-05-29A1,00300Derivative, Class A CommonForm 4 ↗
Scott H. BaxterDirector2026-05-29A1,00300Derivative, Class A CommonForm 4 ↗
Laurie Z. DouglasDirector2026-05-29A1,00300Derivative, Class A CommonForm 4 ↗
Margrethe R. VagellEVP, Supply Chain2026-06-10D45500CommonForm 4 ↗
Juliette Williams PryorEVP, CLO & Corp. Sec.2026-06-15D9,7682202,150,816CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16D2,20000Derivative, Class A CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16D2,45000Derivative, Class A CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16A2,200109239,646CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16A2,45085207,246CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16A4,00080321,680CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16A5,500136745,965CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16D4,00000Derivative, Class A CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16D5,50000Derivative, Class A CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16D47600CommonForm 4 ↗
Janice DupreEVP, Human Resources2026-06-16D14,1502223,139,885CommonForm 4 ↗
Juliette Williams PryorEVP, CLO & Corp. Sec.2026-06-17D9,3302252,097,431CommonForm 4 ↗
Juliette Williams PryorEVP, CLO & Corp. Sec.2026-06-17D67000CommonForm 4 ↗
Margrethe R. VagellEVP, Supply Chain2026-06-18D2,500224559,575CommonForm 4 ↗
Laurie Z. DouglasDirector2026-07-09A70.4221315,000Derivative, Class A CommonForm 4 ↗
Colleen TaylorDirector2026-07-09A58.6921312,500Derivative, Class A CommonForm 4 ↗
Brian C. RogersDirector2026-07-09A117.3721325,000Derivative, Class A CommonForm 4 ↗
Lawrence SimkinsDirector2026-07-09A117.3721325,000Derivative, Class A CommonForm 4 ↗
Richard W. DreilingDirector2026-07-09A258.2221355,000Derivative, Class A CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Joseph McFarlandRSU2025-04-019,615$2,250,006
Seemantini Godbole2025-04-018,0581,885,653
Marvin EllisonOPTION2025-04-0154,9984,262,895
Brandon SinkOPTION2025-04-0112,338956,318
William BoltzOPTION2025-04-0114,5161,125,135
Marvin EllisonPSU2025-04-018,217,741
Joseph McFarlandOPTION2025-04-0114,5161,125,135
Brandon Sink2025-04-011,843,584
Marvin Ellison2025-04-0118,2164,262,726
Brandon Sink2025-04-018,1731,912,564
Seemantini GodboleOPTION2025-04-0112,165942,909
Seemantini Godbole2025-04-011,817,643
William Boltz2025-04-019,6152,250,006
William Boltz2025-04-012,168,856
Joseph McFarlandEquity2025-04-019,6152,250,006
Joseph McFarlandOPTION2025-04-0114,5161,125,135
Joseph McFarlandEquity2025-04-012,168,856
Joseph McFarlandPSU2025-04-013,6059,61519,2302,168,856
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Joseph McFarland$2,250,006$2,168,856$2,250,27032.5%
Seemantini Godbole00942,9090.0%
Marvin Ellison08,217,7414,262,89565.8%
Brandon Sink00956,3180.0%
William Boltz001,125,1350.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Marvin EllisonOption18,496199.97
William BoltzPSU37,90010,121,574
Marvin EllisonPSU137,14836,626,745
Marvin EllisonOption29,497249.28
Brandon SinkOption1,740202.4
Marvin EllisonOption120,01480.42
Brandon SinkOption1,798191.32
Joseph McFarlandOption14,516234.01
Marvin EllisonOption82,460108.93
Brandon SinkPSU30,9528,266,041
Joseph McFarlandOption30,190108.93
Brandon SinkOption18,009179.01
Joseph McFarlandOption16,179191.32
William BoltzOption15,421191.32
Joseph McFarlandOption15,857202.4
Seemantini GodboleOption12,270191.32
William BoltzOption5,385199.97
Seemantini GodboleOption4,490199.97
Joseph McFarlandOption8,631249.28
Marvin EllisonOption54,998234.01
Joseph McFarlandOption41,98880.42
Marvin EllisonPSU51,38813,723,679
Seemantini GodbolePSU16,1314,307,945
Marvin EllisonOption51,976202.4
William BoltzPSU19,2565,142,507
Brandon SinkOption4,139199.97
Brandon SinkOption6,762249.28
William BoltzOption8,552249.28
Seemantini GodboleOption7,199249.28
Marvin EllisonOption166,24094.87
Marvin EllisonOption51,691191.32
William BoltzOption15,410202.4
Seemantini GodboleOption14,275202.4
William BoltzOption14,516234.01
Joseph McFarlandPSU19,3975,180,163
Brandon SinkPSU15,6794,187,234
Brandon SinkOption12,338234.01
Joseph McFarlandPSU38,14110,185,935
Seemantini GodbolePSU31,7768,486,099
Joseph McFarlandOption5,489199.97
Seemantini GodboleOption12,165234.01
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program is designed to drive long-term shareholder value by aligning our business strategies and operating priorities with shareholders interests and rewarding executives for growth in the Company s sales and earnings. A significant portion of compensation is based on variable pay arrangements that align pay with performance against metrics tied to our strategy and business plan with a balanced focus on top- and bottom-line growth.

CEO STI target (% of salary)200%
CEO LTI target (% of salary)
Independent consultantSemler Brossy Consulting Group, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-29402,276,20420,533,7071,283,03795.14%Passed
20252025-05-30389,654,87525,675,6541,382,55193.82%Passed
20242024-05-31388,695,24534,793,0861,263,26891.78%Passed
20232023-05-26406,562,74935,113,6141,630,59692.05%Passed
20222022-05-27449,980,10935,088,9521,611,68192.77%Passed
20212021-05-28488,545,33041,989,7711,800,84892.09%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2995.14%a
20252025-05-3093.82%b
20242024-05-3191.78%c

a. Approved under the standard stated in the filing — “Approval, on an advisory basis, of the Company's named executive officer compensation in fiscal 2025 requires the affirmative vote of a majority of the votes cast on the proposal at the Annual Meeting by those attending or by proxy (meaning the number of shares voted "for" the proposal must exceed the number of shares voted "against" such proposal).”.

b. Approved under the standard stated in the filing — “With respect to Proposals 2 and 3, the advisory vote to approve the Company's named executive officer compensation in fiscal 2024 and ratifying the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal 2025, abstentions and broker non-votes will not be counted as votes cast and, therefore, will not count in determining the outcomes of these proposals.”.

c. Approved under the standard stated in the filing — “With respect to Proposals 2 and 3, the advisory vote to approve the Company's named executive officer compensation in fiscal 2023 and ratifying the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal 2024, abstentions and broker non-votes will not be counted as votes cast and, therefore, will not count in determining the outcomes of these proposals.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)578 : 1
CEO total compensation$21,581,889
Median employee compensation$37,371
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Richard W. DreilingIndependent · Lead Independent Director · Nominating and Governance (Chair)$220,000$225,730$0$0$445,730
Sandra B. CochranIndependent · Audit (Chair) · Sustainability130,000225,73000355,730
Raul AlvarezIndependent · Compensation (Chair) · Technology125,000225,73000350,730
Laurie Z. DouglasIndependent · Audit · Technology (Chair)120,000225,73000345,730
Mary Beth WestIndependent · Compensation · Sustainability (Chair)120,000225,73000345,730
Lawrence SimkinsIndependent · Nominating and Governance · Sustainability100,000225,7300010,000335,730
Colleen TaylorIndependent · Audit100,000225,7300010,000335,730
Navdeep GuptaIndependent · Compensation · Technology100,000225,73000325,730
Bertram L. ScottIndependent · Audit100,000225,73000325,730
Scott H. BaxterIndependent · Compensation · Sustainability · Technology100,000225,73000325,730
Brian C. RogersIndependent · Audit100,000225,73000325,730
David H. BatchelderIndependent · Not standing for re-election · Departed during FY50,0000059,180109,180
Marvin R. EllisonEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$215,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)30,000 / 25,000 / 20,000
Stock ownership guideline5x annual cash retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,365,000
Equity awards (grant-date value)$2,483,030
All other compensation$79,180
Total cost of the board$3,927,210

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Lowes Companies names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Lowes Companies.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1NIKE, Inc.2026Elliott Hill$1,500,000$28,137,798$3,967,113$2,220,000$36,340,876
2Starbucks Corporation2025Brian Niccol1,599,99819,881,58501,971,00030,992,773
3Walmart, Inc.2026Doug McMillon1,500,00021,051,60504,032,00029,240,930
4The TJX Companies, Inc.2026Ernie Herrman1,700,00014,300,17308,386,10026,603,537
5Target Corporation2025Brian Cornell1,400,00018,555,2800787,92021,830,088
6Lowes Companies2025Marvin Ellison1,544,23112,480,4674,262,8953,232,69321,581,889
7CVS Health Corporation2025J. David Joyner1,500,00014,499,93104,695,90021,214,084
8Best Buy Co., Inc.2026Corie Barry1,300,00013,699,94702,185,82017,346,126
9The Home Depot, Inc.2025Edward Decker1,400,0009,612,2512,369,9172,657,63116,191,127
10The Kroger Co.2025Ronald L. Sargent3,975,80610,000,07714,037,608
11Costco Wholesale Corporation2025Ron Vachris1,183,27012,036,8000600,00013,932,597
12Dollar General Corporation2025Todd Vasos1,608,395006,020,1678,163,197
13Walgreens Boots Alliance, Inc.2024Ginger Graham00002,500,000

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Lowes Companies104.67%PSU 50 · Options 25 · RSU 25NoSemler Brossy Consulting Group, LLC
Best Buy Co., Inc.84.07%PSU 50 · RSU 50Yes — total shareholder return (TSR) relative to the S&P 500 Index constituentsFrederic W. Cook & Co., Inc. (FW Cook)
Costco Wholesale Corporation120%RSU 100NoNone used (Committee has authority to engage consultants but did not use any)
CVS Health Corporation156.5%PSU 60 · RSU 20 · Options 20Yes — rTSR ModifierKorn Ferry
Dollar General Corporation182.4%RSU 50 · PSU 50NoPearl Meyer
NIKE, Inc.74%PSU 50 · Options 25 · RSU 25Yes — Relative TSRNone retained in fiscal 2026 (market data supplemented via Aon, Willis Towers Watson, and Mercer)
Starbucks Corporation54.8%PSU 60 · RSU 40NoPay Governance
Target Corporationnot disclosedPSU 60 · RSU 40NoSemler Brossy
The Home Depot, Inc.95%PSU 50 · RSU 30 · Options 20NoPay Governance
The Kroger Co.93.84%not disclosedYes — Value creation (iTSR)Korn Ferry; Meridian Compensation Partners, LLC
The TJX Companies, Inc.180.7%PSU 54 · RSU 35 · Cash LTI 11NoPearl Meyer LLC
Walgreens Boots Alliance, Inc.not disclosedRSU 100not disclosedMercer
Walmart, Inc.112%not disclosedNoFarient Advisors LLC

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Marvin EllisonDEF 14A2026-04-160000060667-26-000056Section “Summary Compensation Table”. As printed: 21,581,889. Filing ↗machine: r2 · c8 · span 2406556–2406566
2Section 01, William BoltzDEF 14A2026-04-160000060667-26-000056Section “Summary Compensation Table”. As printed: 7,479,153. Filing ↗machine: r11 · c8 · span 2456177–2456186
3Section 01, Joseph McFarlandDEF 14A2026-04-160000060667-26-000056Section “Summary Compensation Table”. As printed: 7,393,855. Filing ↗machine: r8 · c8 · span 2439837–2439846
4Section 01, Brandon SinkDEF 14A2026-04-160000060667-26-000056Section “Summary Compensation Table”. As printed: 6,526,641. Filing ↗machine: r5 · c8 · span 2423074–2423083
5Section 01, Seemantini GodboleDEF 14A2026-04-160000060667-26-000056Section “Summary Compensation Table”. As printed: 6,447,844. Filing ↗machine: r14 · c8 · span 2472985–2472994
6Section 03, Joseph McFarland RSUDEF 14A0000060667-26-000056Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
7Section 03, Seemantini Godbole DEF 14A2026-04-160000060667-26-000056Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t234 · r6 · c5 · span 2878579–2878584
8Section 03, Marvin Ellison OPTIONDEF 14A2026-04-160000060667-26-000056Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t224 · r2 · c5 · span 2404484–2404493
9Section 03, Brandon Sink OPTIONDEF 14A2026-04-160000060667-26-000056Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t224 · r5 · c5 · span 2421027–2421034
10Section 03, William Boltz OPTIONDEF 14A2026-04-160000060667-26-000056Section “FEEDBACK” · grants of plan-based awards table. Filing ↗machine: t224 · r11 · c5 · span 2454131–2454140
11Section 03, Marvin Ellison PSUDEF 14A2026-04-160000060667-26-000056Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
12Section 03, Joseph McFarland OPTIONDEF 14A2026-04-160000060667-26-000056Section “FEEDBACK” · grants of plan-based awards table. Filing ↗machine: t224 · r8 · c5 · span 2437860–2437869
13Section 03, Brandon Sink DEF 14A2026-04-160000060667-26-000056Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
14Section 03, Marvin Ellison DEF 14A2026-04-160000060667-26-000056Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t234 · r2 · c5 · span 2864787–2864793
15Section 03, Brandon Sink DEF 14A2026-04-160000060667-26-000056Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t234 · r3 · c5 · span 2868278–2868283
16Section 03, Seemantini Godbole OPTIONDEF 14A2026-04-160000060667-26-000056Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t224 · r14 · c5 · span 2471004–2471011
17Section 03, Seemantini Godbole DEF 14A2026-04-160000060667-26-000056Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
18Section 03, William Boltz DEF 14A0000060667-26-000056Section “FEEDBACK” · grants of plan-based awards table. Filing ↗machine: t234 · r5 · c5 · span 2875040–2875045
19Section 03, William Boltz DEF 14A0000060667-26-000056Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
20Section 03, Joseph McFarland EquityDEF 14A0000060667-26-000056Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
21Section 03, Joseph McFarland OPTIONDEF 14A2026-04-160000060667-26-000056Section “FEEDBACK” · grants of plan-based awards table. Filing ↗machine: t224 · r8 · c5 · span 2437860–2437869
22Section 03, Joseph McFarland EquityDEF 14A0000060667-26-000056Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
23Section 03, Joseph McFarland PSUDEF 14A0000060667-26-000056Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
24Section 07, pay ratioDEF 14A2026-04-160000060667-26-000056Section “CEO Pay Ratio”. As printed: 578 : 1. Filing ↗machine: span 3260833–3260836
25Section 08, Richard W. DreilingDEF 14A2026-04-160000060667-26-000056Section “Director Compensation”. As printed: 445,730. Filing ↗machine: t110 · r18 · c4 · span 1364616–1364623
26Section 08, Sandra B. CochranDEF 14A2026-04-160000060667-26-000056Section “Director Compensation”. As printed: 355,730. Filing ↗machine: t110 · r12 · c4 · span 1356617–1356624
27Section 08, Raul AlvarezDEF 14A2026-04-160000060667-26-000056Section “Director Compensation”. As printed: 350,730. Filing ↗machine: t110 · r3 · c4 · span 1344575–1344582
28Section 08, Laurie Z. DouglasDEF 14A2026-04-160000060667-26-000056Section “Director Compensation”. As printed: 345,730. Filing ↗machine: t110 · r15 · c4 · span 1360553–1360560
29Section 08, Mary Beth WestDEF 14A2026-04-160000060667-26-000056Section “Director Compensation”. As printed: 345,730. Filing ↗machine: t110 · r36 · c4 · span 1388593–1388600
30Section 08, Lawrence SimkinsDEF 14A2026-04-160000060667-26-000056Section “Director Compensation”. As printed: 335,730. Filing ↗machine: t110 · r30 · c4 · span 1380602–1380609
31Section 08, Colleen TaylorDEF 14A2026-04-160000060667-26-000056Section “Director Compensation”. As printed: 335,730. Filing ↗machine: t110 · r33 · c4 · span 1384535–1384542
32Section 08, Navdeep GuptaDEF 14A2026-04-160000060667-26-000056Section “Director Compensation”. As printed: 325,730. Filing ↗machine: t110 · r21 · c4 · span 1368548–1368555
33Section 08, Bertram L. ScottDEF 14A2026-04-160000060667-26-000056Section “Director Compensation”. As printed: 325,730. Filing ↗machine: t110 · r27 · c4 · span 1376542–1376549
34Section 08, Scott H. BaxterDEF 14A2026-04-160000060667-26-000056Section “Director Compensation”. As printed: 325,730. Filing ↗machine: t110 · r9 · c4 · span 1352561–1352568
35Section 08, Brian C. RogersDEF 14A2026-04-160000060667-26-000056Section “Director Compensation”. As printed: 325,730. Filing ↗machine: t110 · r24 · c4 · span 1372607–1372614
36Section 08, David H. BatchelderDEF 14A2026-04-160000060667-26-000056Section “Director Compensation”. As printed: 109,180. Filing ↗machine: t110 · r6 · c4 · span 1348632–1348639
37Section 08, Marvin R. EllisonDEF 14A2026-04-160000060667-26-000056Section “Director Compensation”. As printed: 0. Filing ↗
38Section 02, Navdeep Gupta 2026-05-29Form 42026-06-010000060667-26-000083Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Raul Alvarez 2026-05-29Form 42026-06-010000060667-26-000088Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Bertram L. Scott 2026-05-29Form 42026-06-010000060667-26-000081Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Colleen Taylor 2026-05-29Form 42026-06-010000060667-26-000079Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Stone West Mary E 2026-05-29Form 42026-06-010000060667-26-000078Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Brian C. Rogers 2026-05-29Form 42026-06-010000060667-26-000082Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Sandra B. Cochran 2026-05-29Form 42026-06-010000060667-26-000086Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Richard W. Dreiling 2026-05-29Form 42026-06-010000060667-26-000084Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Lawrence Simkins 2026-05-29Form 42026-06-010000060667-26-000080Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Scott H. Baxter 2026-05-29Form 42026-06-010000060667-26-000087Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Laurie Z. Douglas 2026-05-29Form 42026-06-010000060667-26-000085Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Margrethe R. Vagell 2026-06-10Form 42026-06-110000060667-26-000092Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Juliette Williams Pryor 2026-06-15Form 42026-06-160000060667-26-000094Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Janice Dupre 2026-06-16Form 42026-06-170000060667-26-000095Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Janice Dupre 2026-06-16Form 42026-06-170000060667-26-000095Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Janice Dupre 2026-06-16Form 42026-06-170000060667-26-000095Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Janice Dupre 2026-06-16Form 42026-06-170000060667-26-000095Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Janice Dupre 2026-06-16Form 42026-06-170000060667-26-000095Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Janice Dupre 2026-06-16Form 42026-06-170000060667-26-000095Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Janice Dupre 2026-06-16Form 42026-06-170000060667-26-000095Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Janice Dupre 2026-06-16Form 42026-06-170000060667-26-000095Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Janice Dupre 2026-06-16Form 42026-06-170000060667-26-000095Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Janice Dupre 2026-06-16Form 42026-06-170000060667-26-000095Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Juliette Williams Pryor 2026-06-17Form 42026-06-180001125881-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Juliette Williams Pryor 2026-06-17Form 42026-06-180001125881-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Margrethe R. Vagell 2026-06-18Form 42026-06-220000060667-26-000098Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Laurie Z. Douglas 2026-07-09Form 42026-07-100000060667-26-000103Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Colleen Taylor 2026-07-09Form 42026-07-100000060667-26-000106Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Brian C. Rogers 2026-07-09Form 42026-07-100000060667-26-000105Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Lawrence Simkins 2026-07-09Form 42026-07-100000060667-26-000107Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Richard W. Dreiling 2026-07-09Form 42026-07-100000060667-26-000104Insider equity transaction reported since the proxy statement. Filing ↗
69Section 06, 2026 voteForm 8-K2026-06-020000060667-26-000091Item 5.07 · say-on-pay result. As reported: 95.14% (votes for as printed: 402,276,204). Filing ↗
70Section 06, 2025 voteForm 8-K2025-06-050000060667-25-000131Item 5.07 · say-on-pay result. As reported: 93.82% (votes for as printed: 389,654,875). Filing ↗
71Section 06, 2024 voteForm 8-K2024-06-050000060667-24-000116Item 5.07 · say-on-pay result. As reported: 91.78% (votes for as printed: 388,695,245). Filing ↗
72Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
73Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
74Section 09b board cost (computed)ComputedcomputedCash 1,365,000 + equity 2,483,030 + all other 79,180 = 3,927,210, summed across the director compensation table rows.machine: formula: Σ = 3,927,210
75NIKE, Inc., Section 10b CEO totalDEF 14A2026-07-150000320187-26-000089CEO total compensation as printed in NIKE, Inc.'s own proxy. As printed: 36,340,876. Filing ↗machine: t55 · r2 · c10 · span 647557–647567
76Starbucks Corporation, Section 10b CEO totalDEF 14A2026-01-260001213900-26-007780CEO total compensation as printed in Starbucks Corporation's own proxy. As printed: 30,992,773. Filing ↗machine: span 2373800–2373810
77Walmart, Inc., Section 10b CEO totalDEF 14A2026-04-230001193125-26-173673CEO total compensation as printed in Walmart, Inc.'s own proxy. As printed: 29,240,930. Filing ↗machine: r4 · c16 · span 3840466–3840476
78The TJX Companies, Inc., Section 10b CEO totalDEF 14A2026-04-300000109198-26-000015CEO total compensation as printed in The TJX Companies, Inc.'s own proxy. As printed: 26,603,537. Filing ↗machine: r2 · c21 · span 787052–787062
79Target Corporation, Section 10b CEO totalDEF 14A2026-04-270001628280-26-027508CEO total compensation as printed in Target Corporation's own proxy. As printed: 21,830,088. Filing ↗machine: r2 · c8 · span 2775825–2775836
80Lowes Companies (subject), Section 10b CEO totalDEF 14A2026-04-160000060667-26-000056CEO total compensation as printed in Lowes Companies's own proxy. As printed: 21,581,889. Filing ↗machine: r2 · c8 · span 2406556–2406566
81CVS Health Corporation, Section 10b CEO totalDEF 14A2026-04-030001308179-26-000201CEO total compensation as printed in CVS Health Corporation's own proxy. As printed: 21,214,084. Filing ↗machine: r1 · c18 · span 969864–969874
82Best Buy Co., Inc., Section 10b CEO totalDEF 14A2026-04-300001140361-26-018265CEO total compensation as printed in Best Buy Co., Inc.'s own proxy. As printed: 17,346,126. Filing ↗machine: r2 · c19 · span 1511832–1511842
83The Home Depot, Inc., Section 10b CEO totalDEF 14A2026-04-070000354950-26-000090CEO total compensation as printed in The Home Depot, Inc.'s own proxy. As printed: 16,191,127. Filing ↗machine: t169 · r4 · c15 · span 1200990–1201000
84The Kroger Co., Section 10b CEO totalDEF 14A2026-05-130001104659-26-060250CEO total compensation as printed in The Kroger Co.'s own proxy. As printed: 14,037,608. Filing ↗machine: t229 · r1 · c9 · span 692555–692565
85Costco Wholesale Corporation, Section 10b CEO totalDEF 14A2025-12-040000909832-25-000159CEO total compensation as printed in Costco Wholesale Corporation's own proxy. As printed: 13,932,597. Filing ↗machine: r2 · c48 · span 281465–281475
86Dollar General Corporation, Section 10b CEO totalDEF 14A2026-04-070001104659-26-040394CEO total compensation as printed in Dollar General Corporation's own proxy. As printed: 8,163,197. Filing ↗machine: r1 · c48 · span 767818–767827
87Walgreens Boots Alliance, Inc., Section 10b CEO totalDEF 14A2024-12-130001558370-24-016214CEO total compensation as printed in Walgreens Boots Alliance, Inc.'s own proxy. As printed: 2,500,000. Filing ↗machine: t333 · r24 · c18 · span 2342384–2342393
88Section 10a, The Home Depot, Inc. reciprocityDEF 14A0000354950-26-000090The Home Depot, Inc. names Lowes Companies in its own disclosed peer group (read from its most recent proxy). Filing ↗
89Section 10a, Target Corporation reciprocityDEF 14A0001628280-26-027508Target Corporation names Lowes Companies in its own disclosed peer group (read from its most recent proxy). Filing ↗
90Section 10a, Dollar General Corporation reciprocityDEF 14A0001104659-26-040394Dollar General Corporation's most recent proxy was read; its disclosed peer group does not include Lowes Companies. Filing ↗
91Section 10a, Walmart, Inc. reciprocityDEF 14A0001193125-26-173673Walmart, Inc.'s most recent proxy was read; its disclosed peer group does not include Lowes Companies. Filing ↗
92Section 10a, Best Buy Co., Inc. reciprocityDEF 14A0001140361-26-018265Best Buy Co., Inc. names Lowes Companies in its own disclosed peer group (read from its most recent proxy). Filing ↗
93Section 10a, Starbucks Corporation reciprocityDEF 14A0001213900-26-007780Starbucks Corporation's most recent proxy was read; its disclosed peer group does not include Lowes Companies. Filing ↗
94Section 10a, NIKE, Inc. reciprocityDEF 14A0000320187-26-000089NIKE, Inc. names Lowes Companies in its own disclosed peer group (read from its most recent proxy). Filing ↗
95Section 10a, Costco Wholesale Corporation reciprocityDEF 14A0000909832-25-000159Costco Wholesale Corporation names Lowes Companies in its own disclosed peer group (read from its most recent proxy). Filing ↗