Home Depot Officer Sells Up to 2,455 Shares Under Rule 144
A Home Depot (NYSE: HD) officer has filed a Form 144 notice indicating an intent to sell up to 2,455 shares of common stock through Merrill Lynch on the NYSE. The aggregate market value of these shares is approximately $807,137.19 as of the filing.
The shares in question relate to compensatory stock awards that vested on specific dates: February 25, 2021 (489 shares), February 27, 2023 (506 shares), and February 26, 2026 (1,460 shares). This means that Teresa W. Roseborough, the Home Depot officer, is selling previously restricted or control securities under Rule 144.
Rule 144 sets conditions for the resale of restricted or insider-held shares, including holding periods, public information availability, and limits on how much can be sold at once. The sale will be handled by Merrill Lynch, and the shares are proposed to be sold on the NYSE.