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Lowe's Companies director was just granted 374 restricted shares

Ralph Alvarez, a director of Lowe's Companies, just received 374 restricted shares from the company. The restricted shares don't become available to Alvarez until such time as they become vested. Alvarez now owns at least 11,791 restricted shares of the company.

Some additional info was provided as follows:

Represents the credit of deferred compensation to the Reporting Person's deferred stock account under the Issuer's Directors' Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock. The Reporting Person...