Form 4: Lamb Weston Executive Eryk J. Spytek Reports Stock Transactions

Eryk J. Spytek, General Counsel & Chief Compliance Officer of Lamb Weston Holdings, Inc., reports the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

• On August 6, 2024, Eryk J. Spytek, General Counsel & Chief Compliance Officer of Lamb Weston Holdings, Inc., reported a transaction involving the withholding of 442 shares of common stock.
• The shares were withheld to satisfy tax obligations related to the vesting of restricted stock units.
• The price per share was $57.38.
• Following the transaction, Spytek directly owns 34,180.9 shares of Lamb Weston common stock and indirectly owns 1,052 shares through a revocable trust.

Sentiment

Score: 5

Explanation: This is a routine filing related to tax obligations, so it doesn't significantly impact sentiment. It's a neutral event.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking to understand management's perspective on the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The details provided in this filing are consistent with the level of information typically disclosed in such documents.
• Comparable companies such as McCain Foods Limited and Simplot also have executives who file similar reports when they trade company stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares withheld for tax purposes.

Key Dates