Form 4: Lamb Weston CEO Thomas Werner Reports Changes in Beneficial Ownership

Thomas Werner, President and CEO of Lamb Weston Holdings, Inc., filed a Form 4 detailing changes in his beneficial ownership of company stock, including a transfer of shares to a family LLC and dividend reinvestments.

Summary

• On November 5, 2024, Thomas P. Werner, the President and CEO of Lamb Weston Holdings, Inc., filed a Form 4 with the SEC.
• The filing reports changes in Mr. Werner's beneficial ownership of Lamb Weston common stock.
• On November 4, 2024, Mr. Werner transferred 6,650 shares of common stock to his family LLC at a price of $0.
• Since his last report, Mr. Werner transferred 3,775 shares to his family LLC.
• He also acquired 530.1 additional shares through a dividend reinvestment feature since his last report.
• Following the reported transactions, Mr. Werner directly owns 84,843.5 shares of Lamb Weston common stock and indirectly owns 309,000 shares through his family LLC.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Related Party Transactions

• The transfer of shares to the reporting person's family LLC constitutes a related party transaction.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the insider transactions of the company's CEO.

Key Dates