Form 4: Lamb Weston Executive Marc Schroeder Reports Stock Transaction
SEC Form 4 Filing
Marc Schroeder, President, International at Lamb Weston Holdings, Inc., reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On August 6, 2024, Marc Schroeder, President, International of Lamb Weston Holdings, Inc., reported a transaction involving the withholding of 747 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, Schroeder beneficially owns 23,676.07 shares of Lamb Weston common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding a routine stock transaction, indicating a neutral sentiment.
Industry Context
This is a routine filing related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for executives.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of stock transaction (withholding of shares). |
| 08/07/2024 | Date of signature for the report. |
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