Form 4: Lamb Weston Executive Eryk J. Spytek Reports Stock Transactions
SEC Form 4 Filing
Eryk J. Spytek, General Counsel & Chief Compliance Officer of Lamb Weston Holdings, Inc., reports the withholding of shares to cover tax obligations and adjustments to share count due to rounding.
Summary
- On July 29, 2024, Eryk J. Spytek, General Counsel & Chief Compliance Officer of Lamb Weston Holdings, Inc., reported transactions involving the company's common stock.
- A total of 6,889 shares were withheld to satisfy tax obligations related to the vesting of restricted stock units and performance shares at a price of $56.23 per share.
- The total number of shares beneficially owned following the reported transaction is 34,622.9.
- Spytek also indirectly owns 1,052 shares through a revocable trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions related to tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing indicates routine transactions related to executive compensation and tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves the withholding of shares for tax purposes, which is a standard practice.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Date of stock transaction (withholding of shares for tax obligations). |
| 07/31/2024 | Date of signature on the Form 4 filing. |
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