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AI brief of an SEC Form 8-K · Home Depot (The) (HD)

Home Depot Expands Duties for Three Executives, Grants $500,000 Restricted Stock Awards

Neutral Impact 2 of 5 leadership Written later

Home Depot said three executives took on expanded responsibilities, including the CFO leading coordination across its Pro and distribution businesses. On August 20, 2026, the compensation committee granted each of the three executives restricted stock with a grant date fair value of $500,000, vesting on the second anniversary of the grant date. The filing is administrative in nature and does not report financial results or guidance.

Key points

  • William D. Bastek, EVP Merchandising, added the product development merchant portfolio, including private brands.
  • Jordan Broggi, EVP Interconnected Retail, added loyalty, credit services, and payments.
  • Richard V. McPhail, EVP and CFO, took on the Office of Pro Acceleration across Home Depot Pro, HD Supply, SRS Distribution, and Construction Resources.
  • Each executive received restricted stock with a $500,000 grant date fair value, vesting on the second anniversary of the August 20, 2026 grant date.

The filing

CompanyHome Depot (The) (HD)
Form8-K, current report
Filed with the SECAug 21, 2026, 4:13 PM ET
Accession number0000354950-26-000148

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 21, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.