secwatch.observer — SEC 8-K summary
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Issuer:     HOME DEPOT, INC. (HD)
CIK:        0000354950
Form:       8-K/A
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0000354950-22-000053
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Home Depot discloses CEO Decker's $1.4M salary, $10.2M LTI; Menear's Chair compensation set
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- Decker's annual base salary $1.4M, cash incentive target 200% of base for Fiscal 2022.
- Decker receives $10.2M long-term incentive grant on March 23, 2022 (50% performance shares, 30% performance-based RSUs, 20% options).
- Menear's Chair compensation: base salary $750k, cash incentive target 150% of base, LTI $7.3M (50% performance shares, 50% options).
- Both subject to 24-month non-compete, 36-month non-solicitation, indefinite confidentiality.
- Effective March 1, 2022: Decker becomes CEO & President, Menear remains Chair.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354950/000035495022000053/0000354950-22-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354950/000035495022000053/hd-20220124.htm
  HTML page:      https://secwatch.observer/filing/0000354950-22-000053

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer