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.
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.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| 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 Boltz | 896,504 | 0 | 4,418,862 | 1,125,135 | 938,371 | 0 | 100,281 | 7,479,153 |
| Executive Vice President, Merchandising | ||||||||
| Joseph McFarland | 897,438 | 0 | 4,418,862 | 1,125,135 | 939,349 | 0 | 13,071 | 7,393,855 |
| Executive Vice President, Stores | ||||||||
| Brandon Sink | 840,112 | 0 | 3,756,148 | 956,318 | 879,345 | 0 | 94,718 | 6,526,641 |
| Executive Vice President, Chief Financial Officer | ||||||||
| Seemantini Godbole | 835,185 | 0 | 3,703,296 | 942,909 | 874,188 | 0 | 92,266 | 6,447,844 |
| 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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Marvin Ellison | $21,581,889 | $20,164,912 | $18,162,272 | +1,416,977 |
| William Boltz | 7,479,153 | 6,367,399 | 5,743,439 | +1,111,754 |
| Joseph McFarland | 7,393,855 | 6,351,513 | 5,793,930 | +1,042,342 |
| Brandon Sink | 6,526,641 | 5,195,899 | 4,549,757 | +1,330,742 |
| Seemantini Godbole | 6,447,844 | 5,531,414 | 4,931,893 | +916,430 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Dividend-equivalent accruals | 2026-05-29 | — | 11,033 | — | — | 11 insiders, 11 accrual rows | ||
| Margrethe R. Vagell | EVP, Supply Chain | 2026-06-10 | D | 455 | 0 | 0 | Common | Form 4 ↗ |
| Juliette Williams Pryor | EVP, CLO & Corp. Sec. | 2026-06-15 | D | 9,768 | 220 | 2,150,816 | Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | D | 2,200 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | D | 2,450 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | A | 2,200 | 109 | 239,646 | Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | A | 2,450 | 85 | 207,246 | Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | A | 4,000 | 80 | 321,680 | Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | A | 5,500 | 136 | 745,965 | Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | D | 4,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | D | 5,500 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | D | 476 | 0 | 0 | Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | D | 14,150 | 222 | 3,139,885 | Common | Form 4 ↗ |
| Juliette Williams Pryor | EVP, CLO & Corp. Sec. | 2026-06-17 | D | 9,330 | 225 | 2,097,431 | Common | Form 4 ↗ |
| Juliette Williams Pryor | EVP, CLO & Corp. Sec. | 2026-06-17 | D | 670 | 0 | 0 | Common | Form 4 ↗ |
| Margrethe R. Vagell | EVP, Supply Chain | 2026-06-18 | D | 2,500 | 224 | 559,575 | Common | Form 4 ↗ |
| Laurie Z. Douglas | Director | 2026-07-09 | A | 70.42 | 213 | 15,000 | Derivative, Class A Common | Form 4 ↗ |
| Colleen Taylor | Director | 2026-07-09 | A | 58.69 | 213 | 12,500 | Derivative, Class A Common | Form 4 ↗ |
| Brian C. Rogers | Director | 2026-07-09 | A | 117.37 | 213 | 25,000 | Derivative, Class A Common | Form 4 ↗ |
| Lawrence Simkins | Director | 2026-07-09 | A | 117.37 | 213 | 25,000 | Derivative, Class A Common | Form 4 ↗ |
| Richard W. Dreiling | Director | 2026-07-09 | A | 258.22 | 213 | 55,000 | Derivative, Class A Common | Form 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.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Navdeep Gupta | Director | 2026-05-29 | A | 1,003 | $0 | $0 | Derivative, Class A Common | Form 4 ↗ |
| Raul Alvarez | Director | 2026-05-29 | A | 1,003 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Bertram L. Scott | Director | 2026-05-29 | A | 1,003 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Colleen Taylor | Director | 2026-05-29 | A | 1,003 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Stone West Mary E | Director | 2026-05-29 | A | 1,003 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Brian C. Rogers | Director | 2026-05-29 | A | 1,003 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Sandra B. Cochran | Director | 2026-05-29 | A | 1,003 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Richard W. Dreiling | Director | 2026-05-29 | A | 1,003 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Lawrence Simkins | Director | 2026-05-29 | A | 1,003 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Scott H. Baxter | Director | 2026-05-29 | A | 1,003 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Laurie Z. Douglas | Director | 2026-05-29 | A | 1,003 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Margrethe R. Vagell | EVP, Supply Chain | 2026-06-10 | D | 455 | 0 | 0 | Common | Form 4 ↗ |
| Juliette Williams Pryor | EVP, CLO & Corp. Sec. | 2026-06-15 | D | 9,768 | 220 | 2,150,816 | Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | D | 2,200 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | D | 2,450 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | A | 2,200 | 109 | 239,646 | Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | A | 2,450 | 85 | 207,246 | Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | A | 4,000 | 80 | 321,680 | Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | A | 5,500 | 136 | 745,965 | Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | D | 4,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | D | 5,500 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | D | 476 | 0 | 0 | Common | Form 4 ↗ |
| Janice Dupre | EVP, Human Resources | 2026-06-16 | D | 14,150 | 222 | 3,139,885 | Common | Form 4 ↗ |
| Juliette Williams Pryor | EVP, CLO & Corp. Sec. | 2026-06-17 | D | 9,330 | 225 | 2,097,431 | Common | Form 4 ↗ |
| Juliette Williams Pryor | EVP, CLO & Corp. Sec. | 2026-06-17 | D | 670 | 0 | 0 | Common | Form 4 ↗ |
| Margrethe R. Vagell | EVP, Supply Chain | 2026-06-18 | D | 2,500 | 224 | 559,575 | Common | Form 4 ↗ |
| Laurie Z. Douglas | Director | 2026-07-09 | A | 70.42 | 213 | 15,000 | Derivative, Class A Common | Form 4 ↗ |
| Colleen Taylor | Director | 2026-07-09 | A | 58.69 | 213 | 12,500 | Derivative, Class A Common | Form 4 ↗ |
| Brian C. Rogers | Director | 2026-07-09 | A | 117.37 | 213 | 25,000 | Derivative, Class A Common | Form 4 ↗ |
| Lawrence Simkins | Director | 2026-07-09 | A | 117.37 | 213 | 25,000 | Derivative, Class A Common | Form 4 ↗ |
| Richard W. Dreiling | Director | 2026-07-09 | A | 258.22 | 213 | 55,000 | Derivative, Class A Common | Form 4 ↗ |
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Joseph McFarland | RSU | 2025-04-01 | — | — | 9,615 | — | $2,250,006 |
| Seemantini Godbole | — | 2025-04-01 | — | — | 8,058 | — | 1,885,653 |
| Marvin Ellison | OPTION | 2025-04-01 | — | — | 54,998 | — | 4,262,895 |
| Brandon Sink | OPTION | 2025-04-01 | — | — | 12,338 | — | 956,318 |
| William Boltz | OPTION | 2025-04-01 | — | — | 14,516 | — | 1,125,135 |
| Marvin Ellison | PSU | 2025-04-01 | — | — | — | — | 8,217,741 |
| Joseph McFarland | OPTION | 2025-04-01 | — | — | 14,516 | — | 1,125,135 |
| Brandon Sink | — | 2025-04-01 | — | — | — | — | 1,843,584 |
| Marvin Ellison | — | 2025-04-01 | — | — | 18,216 | — | 4,262,726 |
| Brandon Sink | — | 2025-04-01 | — | — | 8,173 | — | 1,912,564 |
| Seemantini Godbole | OPTION | 2025-04-01 | — | — | 12,165 | — | 942,909 |
| Seemantini Godbole | — | 2025-04-01 | — | — | — | — | 1,817,643 |
| William Boltz | — | 2025-04-01 | — | — | 9,615 | — | 2,250,006 |
| William Boltz | — | 2025-04-01 | — | — | — | — | 2,168,856 |
| Joseph McFarland | Equity | 2025-04-01 | — | — | 9,615 | — | 2,250,006 |
| Joseph McFarland | OPTION | 2025-04-01 | — | — | 14,516 | — | 1,125,135 |
| Joseph McFarland | Equity | 2025-04-01 | — | — | — | — | 2,168,856 |
| Joseph McFarland | PSU | 2025-04-01 | 3,605 | 9,615 | — | 19,230 | 2,168,856 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Joseph McFarland | $2,250,006 | $2,168,856 | $2,250,270 | 32.5% |
| Seemantini Godbole | 0 | 0 | 942,909 | 0.0% |
| Marvin Ellison | 0 | 8,217,741 | 4,262,895 | 65.8% |
| Brandon Sink | 0 | 0 | 956,318 | 0.0% |
| William Boltz | 0 | 0 | 1,125,135 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Marvin Ellison | Option | 18,496 | 199.97 | — |
| William Boltz | PSU | 37,900 | — | 10,121,574 |
| Marvin Ellison | PSU | 137,148 | — | 36,626,745 |
| Marvin Ellison | Option | 29,497 | 249.28 | — |
| Brandon Sink | Option | 1,740 | 202.4 | — |
| Marvin Ellison | Option | 120,014 | 80.42 | — |
| Brandon Sink | Option | 1,798 | 191.32 | — |
| Joseph McFarland | Option | 14,516 | 234.01 | — |
| Marvin Ellison | Option | 82,460 | 108.93 | — |
| Brandon Sink | PSU | 30,952 | — | 8,266,041 |
| Joseph McFarland | Option | 30,190 | 108.93 | — |
| Brandon Sink | Option | 18,009 | 179.01 | — |
| Joseph McFarland | Option | 16,179 | 191.32 | — |
| William Boltz | Option | 15,421 | 191.32 | — |
| Joseph McFarland | Option | 15,857 | 202.4 | — |
| Seemantini Godbole | Option | 12,270 | 191.32 | — |
| William Boltz | Option | 5,385 | 199.97 | — |
| Seemantini Godbole | Option | 4,490 | 199.97 | — |
| Joseph McFarland | Option | 8,631 | 249.28 | — |
| Marvin Ellison | Option | 54,998 | 234.01 | — |
| Joseph McFarland | Option | 41,988 | 80.42 | — |
| Marvin Ellison | PSU | 51,388 | — | 13,723,679 |
| Seemantini Godbole | PSU | 16,131 | — | 4,307,945 |
| Marvin Ellison | Option | 51,976 | 202.4 | — |
| William Boltz | PSU | 19,256 | — | 5,142,507 |
| Brandon Sink | Option | 4,139 | 199.97 | — |
| Brandon Sink | Option | 6,762 | 249.28 | — |
| William Boltz | Option | 8,552 | 249.28 | — |
| Seemantini Godbole | Option | 7,199 | 249.28 | — |
| Marvin Ellison | Option | 166,240 | 94.87 | — |
| Marvin Ellison | Option | 51,691 | 191.32 | — |
| William Boltz | Option | 15,410 | 202.4 | — |
| Seemantini Godbole | Option | 14,275 | 202.4 | — |
| William Boltz | Option | 14,516 | 234.01 | — |
| Joseph McFarland | PSU | 19,397 | — | 5,180,163 |
| Brandon Sink | PSU | 15,679 | — | 4,187,234 |
| Brandon Sink | Option | 12,338 | 234.01 | — |
| Joseph McFarland | PSU | 38,141 | — | 10,185,935 |
| Seemantini Godbole | PSU | 31,776 | — | 8,486,099 |
| Joseph McFarland | Option | 5,489 | 199.97 | — |
| Seemantini Godbole | Option | 12,165 | 234.01 | — |
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 consultant | Semler Brossy Consulting Group, LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | True |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-29 | 402,276,204 | 20,533,707 | 1,283,037 | 95.14% | Passed |
| 2025 | 2025-05-30 | 389,654,875 | 25,675,654 | 1,382,551 | 93.82% | Passed |
| 2024 | 2024-05-31 | 388,695,245 | 34,793,086 | 1,263,268 | 91.78% | Passed |
| 2023 | 2023-05-26 | 406,562,749 | 35,113,614 | 1,630,596 | 92.05% | Passed |
| 2022 | 2022-05-27 | 449,980,109 | 35,088,952 | 1,611,681 | 92.77% | Passed |
| 2021 | 2021-05-28 | 488,545,330 | 41,989,771 | 1,800,848 | 92.09% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-29 | 95.14%a |
| 2025 | 2025-05-30 | 93.82%b |
| 2024 | 2024-05-31 | 91.78%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.
| Ratio (CEO : median employee) | 578 : 1 |
|---|---|
| CEO total compensation | $21,581,889 |
| Median employee compensation | $37,371 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Richard W. DreilingIndependent · Lead Independent Director · Nominating and Governance (Chair) | $220,000 | $225,730 | $0 | $0 | — | $445,730 |
| Sandra B. CochranIndependent · Audit (Chair) · Sustainability | 130,000 | 225,730 | 0 | 0 | — | 355,730 |
| Raul AlvarezIndependent · Compensation (Chair) · Technology | 125,000 | 225,730 | 0 | 0 | — | 350,730 |
| Laurie Z. DouglasIndependent · Audit · Technology (Chair) | 120,000 | 225,730 | 0 | 0 | — | 345,730 |
| Mary Beth WestIndependent · Compensation · Sustainability (Chair) | 120,000 | 225,730 | 0 | 0 | — | 345,730 |
| Lawrence SimkinsIndependent · Nominating and Governance · Sustainability | 100,000 | 225,730 | 0 | 0 | 10,000 | 335,730 |
| Colleen TaylorIndependent · Audit | 100,000 | 225,730 | 0 | 0 | 10,000 | 335,730 |
| Navdeep GuptaIndependent · Compensation · Technology | 100,000 | 225,730 | 0 | 0 | — | 325,730 |
| Bertram L. ScottIndependent · Audit | 100,000 | 225,730 | 0 | 0 | — | 325,730 |
| Scott H. BaxterIndependent · Compensation · Sustainability · Technology | 100,000 | 225,730 | 0 | 0 | — | 325,730 |
| Brian C. RogersIndependent · Audit | 100,000 | 225,730 | 0 | 0 | — | 325,730 |
| David H. BatchelderIndependent · Not standing for re-election · Departed during FY | 50,000 | — | 0 | 0 | 59,180 | 109,180 |
| Marvin R. EllisonEmployee director · Board Chair | 0 | 0 | 0 | — | 0 | 0 |
| 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 guideline | 5x annual cash retainer |
| Component | FY2025 |
|---|---|
| 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.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
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.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | NIKE, Inc. | 2026 | Elliott Hill | $1,500,000 | $28,137,798 | $3,967,113 | $2,220,000 | $36,340,876 |
| 2 | Starbucks Corporation | 2025 | Brian Niccol | 1,599,998 | 19,881,585 | 0 | 1,971,000 | 30,992,773 |
| 3 | Walmart, Inc. | 2026 | Doug McMillon | 1,500,000 | 21,051,605 | 0 | 4,032,000 | 29,240,930 |
| 4 | The TJX Companies, Inc. | 2026 | Ernie Herrman | 1,700,000 | 14,300,173 | 0 | 8,386,100 | 26,603,537 |
| 5 | Target Corporation | 2025 | Brian Cornell | 1,400,000 | 18,555,280 | 0 | 787,920 | 21,830,088 |
| 6 | Lowes Companies | 2025 | Marvin Ellison | 1,544,231 | 12,480,467 | 4,262,895 | 3,232,693 | 21,581,889 |
| 7 | CVS Health Corporation | 2025 | J. David Joyner | 1,500,000 | 14,499,931 | 0 | 4,695,900 | 21,214,084 |
| 8 | Best Buy Co., Inc. | 2026 | Corie Barry | 1,300,000 | 13,699,947 | 0 | 2,185,820 | 17,346,126 |
| 9 | The Home Depot, Inc. | 2025 | Edward Decker | 1,400,000 | 9,612,251 | 2,369,917 | 2,657,631 | 16,191,127 |
| 10 | The Kroger Co. | 2025 | Ronald L. Sargent | 3,975,806 | 10,000,077 | — | — | 14,037,608 |
| 11 | Costco Wholesale Corporation | 2025 | Ron Vachris | 1,183,270 | 12,036,800 | 0 | 600,000 | 13,932,597 |
| 12 | Dollar General Corporation | 2025 | Todd Vasos | 1,608,395 | 0 | 0 | 6,020,167 | 8,163,197 |
| 13 | Walgreens Boots Alliance, Inc. | 2024 | Ginger Graham | 0 | 0 | 0 | 0 | 2,500,000 |
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.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Lowes Companies | 104.67% | PSU 50 · Options 25 · RSU 25 | No | Semler Brossy Consulting Group, LLC |
| Best Buy Co., Inc. | 84.07% | PSU 50 · RSU 50 | Yes — total shareholder return (TSR) relative to the S&P 500 Index constituents | Frederic W. Cook & Co., Inc. (FW Cook) |
| Costco Wholesale Corporation | 120% | RSU 100 | No | None used (Committee has authority to engage consultants but did not use any) |
| CVS Health Corporation | 156.5% | PSU 60 · RSU 20 · Options 20 | Yes — rTSR Modifier | Korn Ferry |
| Dollar General Corporation | 182.4% | RSU 50 · PSU 50 | No | Pearl Meyer |
| NIKE, Inc. | 74% | PSU 50 · Options 25 · RSU 25 | Yes — Relative TSR | None retained in fiscal 2026 (market data supplemented via Aon, Willis Towers Watson, and Mercer) |
| Starbucks Corporation | 54.8% | PSU 60 · RSU 40 | No | Pay Governance |
| Target Corporation | not disclosed | PSU 60 · RSU 40 | No | Semler Brossy |
| The Home Depot, Inc. | 95% | PSU 50 · RSU 30 · Options 20 | No | Pay Governance |
| The Kroger Co. | 93.84% | not disclosed | Yes — Value creation (iTSR) | Korn Ferry; Meridian Compensation Partners, LLC |
| The TJX Companies, Inc. | 180.7% | PSU 54 · RSU 35 · Cash LTI 11 | No | Pearl Meyer LLC |
| Walgreens Boots Alliance, Inc. | not disclosed | RSU 100 | not disclosed | Mercer |
| Walmart, Inc. | 112% | not disclosed | No | Farient 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.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Marvin Ellison | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Summary Compensation Table”. As printed: 21,581,889. Filing ↗machine: r2 · c8 · span 2406556–2406566 |
| 2 | Section 01, William Boltz | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Summary Compensation Table”. As printed: 7,479,153. Filing ↗machine: r11 · c8 · span 2456177–2456186 |
| 3 | Section 01, Joseph McFarland | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Summary Compensation Table”. As printed: 7,393,855. Filing ↗machine: r8 · c8 · span 2439837–2439846 |
| 4 | Section 01, Brandon Sink | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Summary Compensation Table”. As printed: 6,526,641. Filing ↗machine: r5 · c8 · span 2423074–2423083 |
| 5 | Section 01, Seemantini Godbole | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Summary Compensation Table”. As printed: 6,447,844. Filing ↗machine: r14 · c8 · span 2472985–2472994 |
| 6 | Section 03, Joseph McFarland RSU | DEF 14A | — | 0000060667-26-000056 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 7 | Section 03, Seemantini Godbole | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t234 · r6 · c5 · span 2878579–2878584 |
| 8 | Section 03, Marvin Ellison OPTION | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t224 · r2 · c5 · span 2404484–2404493 |
| 9 | Section 03, Brandon Sink OPTION | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t224 · r5 · c5 · span 2421027–2421034 |
| 10 | Section 03, William Boltz OPTION | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “FEEDBACK” · grants of plan-based awards table. Filing ↗machine: t224 · r11 · c5 · span 2454131–2454140 |
| 11 | Section 03, Marvin Ellison PSU | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗ |
| 12 | Section 03, Joseph McFarland OPTION | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “FEEDBACK” · grants of plan-based awards table. Filing ↗machine: t224 · r8 · c5 · span 2437860–2437869 |
| 13 | Section 03, Brandon Sink | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗ |
| 14 | Section 03, Marvin Ellison | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t234 · r2 · c5 · span 2864787–2864793 |
| 15 | Section 03, Brandon Sink | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t234 · r3 · c5 · span 2868278–2868283 |
| 16 | Section 03, Seemantini Godbole OPTION | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t224 · r14 · c5 · span 2471004–2471011 |
| 17 | Section 03, Seemantini Godbole | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗ |
| 18 | Section 03, William Boltz | DEF 14A | — | 0000060667-26-000056 | Section “FEEDBACK” · grants of plan-based awards table. Filing ↗machine: t234 · r5 · c5 · span 2875040–2875045 |
| 19 | Section 03, William Boltz | DEF 14A | — | 0000060667-26-000056 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 20 | Section 03, Joseph McFarland Equity | DEF 14A | — | 0000060667-26-000056 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 21 | Section 03, Joseph McFarland OPTION | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “FEEDBACK” · grants of plan-based awards table. Filing ↗machine: t224 · r8 · c5 · span 2437860–2437869 |
| 22 | Section 03, Joseph McFarland Equity | DEF 14A | — | 0000060667-26-000056 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 23 | Section 03, Joseph McFarland PSU | DEF 14A | — | 0000060667-26-000056 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 24 | Section 07, pay ratio | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “CEO Pay Ratio”. As printed: 578 : 1. Filing ↗machine: span 3260833–3260836 |
| 25 | Section 08, Richard W. Dreiling | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Director Compensation”. As printed: 445,730. Filing ↗machine: t110 · r18 · c4 · span 1364616–1364623 |
| 26 | Section 08, Sandra B. Cochran | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Director Compensation”. As printed: 355,730. Filing ↗machine: t110 · r12 · c4 · span 1356617–1356624 |
| 27 | Section 08, Raul Alvarez | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Director Compensation”. As printed: 350,730. Filing ↗machine: t110 · r3 · c4 · span 1344575–1344582 |
| 28 | Section 08, Laurie Z. Douglas | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Director Compensation”. As printed: 345,730. Filing ↗machine: t110 · r15 · c4 · span 1360553–1360560 |
| 29 | Section 08, Mary Beth West | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Director Compensation”. As printed: 345,730. Filing ↗machine: t110 · r36 · c4 · span 1388593–1388600 |
| 30 | Section 08, Lawrence Simkins | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Director Compensation”. As printed: 335,730. Filing ↗machine: t110 · r30 · c4 · span 1380602–1380609 |
| 31 | Section 08, Colleen Taylor | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Director Compensation”. As printed: 335,730. Filing ↗machine: t110 · r33 · c4 · span 1384535–1384542 |
| 32 | Section 08, Navdeep Gupta | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Director Compensation”. As printed: 325,730. Filing ↗machine: t110 · r21 · c4 · span 1368548–1368555 |
| 33 | Section 08, Bertram L. Scott | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Director Compensation”. As printed: 325,730. Filing ↗machine: t110 · r27 · c4 · span 1376542–1376549 |
| 34 | Section 08, Scott H. Baxter | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Director Compensation”. As printed: 325,730. Filing ↗machine: t110 · r9 · c4 · span 1352561–1352568 |
| 35 | Section 08, Brian C. Rogers | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Director Compensation”. As printed: 325,730. Filing ↗machine: t110 · r24 · c4 · span 1372607–1372614 |
| 36 | Section 08, David H. Batchelder | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Director Compensation”. As printed: 109,180. Filing ↗machine: t110 · r6 · c4 · span 1348632–1348639 |
| 37 | Section 08, Marvin R. Ellison | DEF 14A | 2026-04-16 | 0000060667-26-000056 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 38 | Section 02, Navdeep Gupta 2026-05-29 | Form 4 | 2026-06-01 | 0000060667-26-000083 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 39 | Section 02, Raul Alvarez 2026-05-29 | Form 4 | 2026-06-01 | 0000060667-26-000088 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 40 | Section 02, Bertram L. Scott 2026-05-29 | Form 4 | 2026-06-01 | 0000060667-26-000081 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 41 | Section 02, Colleen Taylor 2026-05-29 | Form 4 | 2026-06-01 | 0000060667-26-000079 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 42 | Section 02, Stone West Mary E 2026-05-29 | Form 4 | 2026-06-01 | 0000060667-26-000078 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 43 | Section 02, Brian C. Rogers 2026-05-29 | Form 4 | 2026-06-01 | 0000060667-26-000082 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 44 | Section 02, Sandra B. Cochran 2026-05-29 | Form 4 | 2026-06-01 | 0000060667-26-000086 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 45 | Section 02, Richard W. Dreiling 2026-05-29 | Form 4 | 2026-06-01 | 0000060667-26-000084 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 46 | Section 02, Lawrence Simkins 2026-05-29 | Form 4 | 2026-06-01 | 0000060667-26-000080 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 47 | Section 02, Scott H. Baxter 2026-05-29 | Form 4 | 2026-06-01 | 0000060667-26-000087 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 48 | Section 02, Laurie Z. Douglas 2026-05-29 | Form 4 | 2026-06-01 | 0000060667-26-000085 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 49 | Section 02, Margrethe R. Vagell 2026-06-10 | Form 4 | 2026-06-11 | 0000060667-26-000092 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 50 | Section 02, Juliette Williams Pryor 2026-06-15 | Form 4 | 2026-06-16 | 0000060667-26-000094 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 51 | Section 02, Janice Dupre 2026-06-16 | Form 4 | 2026-06-17 | 0000060667-26-000095 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 52 | Section 02, Janice Dupre 2026-06-16 | Form 4 | 2026-06-17 | 0000060667-26-000095 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 53 | Section 02, Janice Dupre 2026-06-16 | Form 4 | 2026-06-17 | 0000060667-26-000095 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 54 | Section 02, Janice Dupre 2026-06-16 | Form 4 | 2026-06-17 | 0000060667-26-000095 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 55 | Section 02, Janice Dupre 2026-06-16 | Form 4 | 2026-06-17 | 0000060667-26-000095 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 56 | Section 02, Janice Dupre 2026-06-16 | Form 4 | 2026-06-17 | 0000060667-26-000095 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 57 | Section 02, Janice Dupre 2026-06-16 | Form 4 | 2026-06-17 | 0000060667-26-000095 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 58 | Section 02, Janice Dupre 2026-06-16 | Form 4 | 2026-06-17 | 0000060667-26-000095 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 59 | Section 02, Janice Dupre 2026-06-16 | Form 4 | 2026-06-17 | 0000060667-26-000095 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 60 | Section 02, Janice Dupre 2026-06-16 | Form 4 | 2026-06-17 | 0000060667-26-000095 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 61 | Section 02, Juliette Williams Pryor 2026-06-17 | Form 4 | 2026-06-18 | 0001125881-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 62 | Section 02, Juliette Williams Pryor 2026-06-17 | Form 4 | 2026-06-18 | 0001125881-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 63 | Section 02, Margrethe R. Vagell 2026-06-18 | Form 4 | 2026-06-22 | 0000060667-26-000098 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 64 | Section 02, Laurie Z. Douglas 2026-07-09 | Form 4 | 2026-07-10 | 0000060667-26-000103 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 65 | Section 02, Colleen Taylor 2026-07-09 | Form 4 | 2026-07-10 | 0000060667-26-000106 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 66 | Section 02, Brian C. Rogers 2026-07-09 | Form 4 | 2026-07-10 | 0000060667-26-000105 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 67 | Section 02, Lawrence Simkins 2026-07-09 | Form 4 | 2026-07-10 | 0000060667-26-000107 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 68 | Section 02, Richard W. Dreiling 2026-07-09 | Form 4 | 2026-07-10 | 0000060667-26-000104 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 69 | Section 06, 2026 vote | Form 8-K | 2026-06-02 | 0000060667-26-000091 | Item 5.07 · say-on-pay result. As reported: 95.14% (votes for as printed: 402,276,204). Filing ↗ |
| 70 | Section 06, 2025 vote | Form 8-K | 2025-06-05 | 0000060667-25-000131 | Item 5.07 · say-on-pay result. As reported: 93.82% (votes for as printed: 389,654,875). Filing ↗ |
| 71 | Section 06, 2024 vote | Form 8-K | 2024-06-05 | 0000060667-24-000116 | Item 5.07 · say-on-pay result. As reported: 91.78% (votes for as printed: 388,695,245). Filing ↗ |
| 72 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 73 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 74 | Section 09b board cost (computed) | Computed | — | computed | Cash 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 |
| 75 | NIKE, Inc., Section 10b CEO total | DEF 14A | 2026-07-15 | 0000320187-26-000089 | CEO total compensation as printed in NIKE, Inc.'s own proxy. As printed: 36,340,876. Filing ↗machine: t55 · r2 · c10 · span 647557–647567 |
| 76 | Starbucks Corporation, Section 10b CEO total | DEF 14A | 2026-01-26 | 0001213900-26-007780 | CEO total compensation as printed in Starbucks Corporation's own proxy. As printed: 30,992,773. Filing ↗machine: span 2373800–2373810 |
| 77 | Walmart, Inc., Section 10b CEO total | DEF 14A | 2026-04-23 | 0001193125-26-173673 | CEO total compensation as printed in Walmart, Inc.'s own proxy. As printed: 29,240,930. Filing ↗machine: r4 · c16 · span 3840466–3840476 |
| 78 | The TJX Companies, Inc., Section 10b CEO total | DEF 14A | 2026-04-30 | 0000109198-26-000015 | CEO total compensation as printed in The TJX Companies, Inc.'s own proxy. As printed: 26,603,537. Filing ↗machine: r2 · c21 · span 787052–787062 |
| 79 | Target Corporation, Section 10b CEO total | DEF 14A | 2026-04-27 | 0001628280-26-027508 | CEO total compensation as printed in Target Corporation's own proxy. As printed: 21,830,088. Filing ↗machine: r2 · c8 · span 2775825–2775836 |
| 80 | Lowes Companies (subject), Section 10b CEO total | DEF 14A | 2026-04-16 | 0000060667-26-000056 | CEO total compensation as printed in Lowes Companies's own proxy. As printed: 21,581,889. Filing ↗machine: r2 · c8 · span 2406556–2406566 |
| 81 | CVS Health Corporation, Section 10b CEO total | DEF 14A | 2026-04-03 | 0001308179-26-000201 | CEO total compensation as printed in CVS Health Corporation's own proxy. As printed: 21,214,084. Filing ↗machine: r1 · c18 · span 969864–969874 |
| 82 | Best Buy Co., Inc., Section 10b CEO total | DEF 14A | 2026-04-30 | 0001140361-26-018265 | CEO total compensation as printed in Best Buy Co., Inc.'s own proxy. As printed: 17,346,126. Filing ↗machine: r2 · c19 · span 1511832–1511842 |
| 83 | The Home Depot, Inc., Section 10b CEO total | DEF 14A | 2026-04-07 | 0000354950-26-000090 | CEO 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 |
| 84 | The Kroger Co., Section 10b CEO total | DEF 14A | 2026-05-13 | 0001104659-26-060250 | CEO total compensation as printed in The Kroger Co.'s own proxy. As printed: 14,037,608. Filing ↗machine: t229 · r1 · c9 · span 692555–692565 |
| 85 | Costco Wholesale Corporation, Section 10b CEO total | DEF 14A | 2025-12-04 | 0000909832-25-000159 | CEO total compensation as printed in Costco Wholesale Corporation's own proxy. As printed: 13,932,597. Filing ↗machine: r2 · c48 · span 281465–281475 |
| 86 | Dollar General Corporation, Section 10b CEO total | DEF 14A | 2026-04-07 | 0001104659-26-040394 | CEO total compensation as printed in Dollar General Corporation's own proxy. As printed: 8,163,197. Filing ↗machine: r1 · c48 · span 767818–767827 |
| 87 | Walgreens Boots Alliance, Inc., Section 10b CEO total | DEF 14A | 2024-12-13 | 0001558370-24-016214 | CEO 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 |
| 88 | Section 10a, The Home Depot, Inc. reciprocity | DEF 14A | — | 0000354950-26-000090 | The Home Depot, Inc. names Lowes Companies in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 89 | Section 10a, Target Corporation reciprocity | DEF 14A | — | 0001628280-26-027508 | Target Corporation names Lowes Companies in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 90 | Section 10a, Dollar General Corporation reciprocity | DEF 14A | — | 0001104659-26-040394 | Dollar General Corporation's most recent proxy was read; its disclosed peer group does not include Lowes Companies. Filing ↗ |
| 91 | Section 10a, Walmart, Inc. reciprocity | DEF 14A | — | 0001193125-26-173673 | Walmart, Inc.'s most recent proxy was read; its disclosed peer group does not include Lowes Companies. Filing ↗ |
| 92 | Section 10a, Best Buy Co., Inc. reciprocity | DEF 14A | — | 0001140361-26-018265 | Best Buy Co., Inc. names Lowes Companies in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 93 | Section 10a, Starbucks Corporation reciprocity | DEF 14A | — | 0001213900-26-007780 | Starbucks Corporation's most recent proxy was read; its disclosed peer group does not include Lowes Companies. Filing ↗ |
| 94 | Section 10a, NIKE, Inc. reciprocity | DEF 14A | — | 0000320187-26-000089 | NIKE, Inc. names Lowes Companies in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 95 | Section 10a, Costco Wholesale Corporation reciprocity | DEF 14A | — | 0000909832-25-000159 | Costco Wholesale Corporation names Lowes Companies in its own disclosed peer group (read from its most recent proxy). Filing ↗ |