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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 3/21/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 60667 |
| Issuer Name: LOWES COMPANIES INC |
| Issuer Trading Symbol: LOW |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1923977 |
| | Owner Name: Sink Brandon J |
| Reporting Owner Address: |
| | Owner Street 1: 1000 LOWES BOULEVARD |
| | Owner Street 2: |
| | Owner City: MOORESVILLE |
| | Owner State: NC |
| | Owner ZIP Code: 28117 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: EVP, Chief Financial Officer |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Performance Share Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 3/21/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,674 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F1 |
| | Expiration Date: |
| | | Footnote ID: F1 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 1,674 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,674 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: 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. |
| Remarks: |
| Owner Signature: |
| Signature Name: By: /s/ Sandra Felton by power of attorney for: Brandon J. Sink |
| Signature Date: 3/25/24 |
