Item 5.04 Temporary Suspension of Trading Under Registrant's Employee Benefit Plans.

The Lowe's 401(k) Plan (the "Plan") will be transitioning recordkeepers from Wells Fargo Institutional Retirement & Trust to Principal Financial Group as a result of Principal's July 1, 2019 acquisition of Wells Fargo's retirement plan, institutional trust and custody, and institutional asset advisory businesses. As a result of this transition, there will be a blackout period in which Plan participants and beneficiaries temporarily will be unable to (i) direct or diversify investments in their individual accounts or (2) obtain a distribution from the Plan. The blackout period will begin at 1:00 p.m. Eastern Time on June 16, 2021 and end during the week of June 21, 2021 (the "Blackout Period").

On June 1, 2021, the Company sent a notice of the Blackout Period (the "Blackout Period Notice") to the members of its Board of Directors and executive officers pursuant to Section 306 of the Sarbanes-Oxley Act of 2002 and Section 104 of Regulation BTR of the Securities Exchange Act of 1934, informing them that during the Blackout Period they will be subject to the prohibitions under those provisions on purchasing and selling shares of the Company's common stock (including derivative securities pertaining to such shares) that they acquire or have previously acquired in connection with their service or employment as a director or executive officer of the Company.

A copy of the Blackout Period Notice is attached hereto as Exhibit 99.1 and is incorporated herein by reference. During the Blackout Period and for a period of two years after the ending date of the Blackout Period, security holders or other interested persons may obtain, without charge, information about the actual beginning and ending dates of the Blackout Period and other information regarding the Blackout Period by contacting Sandy Felton, Director, Stock Plan Administration, by telephone at (704) 758-3186, or in writing, at Lowe's Companies, Inc., 1000 Lowes Boulevard, Mooresville, North Carolina 28117.

Item 9.01 Financial Statements and Exhibits.



(d) Exhibits:
Exhibit No.                 Description
  99.1                        Notice Regarding 401(k) Plan Blackout Period and Trading Restrictions,
                            dated June 1, 2021.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses