Form 4: Lamb Weston CEO Thomas P. Werner Reports Stock Transaction

Thomas P. Werner, President and CEO of Lamb Weston Holdings, Inc., reports a transaction involving the withholding of shares to cover tax obligations and an increase in shares due to dividend reinvestment.

Summary

• On December 18, 2024, Thomas P. Werner, the President and CEO of Lamb Weston Holdings, Inc., reported a transaction involving the company's common stock.
• 234 shares were withheld to satisfy FICA-related taxes due to the reporting person's early retirement eligibility on outstanding unvested stock awards at a price of $78.22.
• Werner directly owns 85,005 shares of common stock following the reported transaction.
• Werner also indirectly owns 309,000 shares through a Family LLC.
• Since the last report, Werner acquired an additional 395.5 shares through a dividend reinvestment feature.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reports a routine transaction related to tax obligations and dividend reinvestment. There is no indication of significant positive or negative sentiment.

Positives

• Werner increased his holdings by 395.5 shares through dividend reinvestment, indicating confidence in the company's future.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

Key Dates