Form 4: Lamb Weston Executive Reports Stock Transaction
SEC Filing
Gregory W. Jones, VP and Controller of Lamb Weston Holdings, Inc., reports a transaction involving the withholding of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On August 6, 2024, Gregory W. Jones, VP and Controller of Lamb Weston Holdings, Inc., reported a transaction.
- The transaction involved the withholding of 90 shares of common stock at a price of $57.38.
- This withholding was to satisfy tax obligations related to the vesting of restricted stock units.
- Following the transaction, Jones beneficially owns 8,404.6 shares of Lamb Weston common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations related to executive compensation.
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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