Form 4: Lamb Weston Executive Reports Stock Transactions and Trust Transfer

Lamb Weston's General Counsel and Chief Compliance Officer, Eryk J. Spytek, reported the acquisition of shares from performance vesting and the disposition of shares for tax withholding, alongside a significant transfer of shares to a revocable trust.

Summary

• Eryk J. Spytek, General Counsel & Chief Compliance Officer of Lamb Weston Holdings, Inc. (LW), reported changes in his beneficial ownership of common stock.
• On July 15, 2025, Mr. Spytek acquired 7,124 shares of common stock upon the vesting of non-derivative performance shares, which included dividend equivalents paid in additional shares.
• Concurrently, on July 15, 2025, 3,680 shares of common stock were disposed of at a price of $49.79 per share to satisfy tax withholding obligations related to the vesting of performance shares.
• Following these transactions, Mr. Spytek directly beneficially owns 16,205.9 shares of common stock.
• Since his last report, an additional 173.9 shares were acquired through a dividend reinvestment feature.
• Also, 17,625 shares were transferred by Mr. Spytek into his Revocable Trust since the date of his last report, resulting in an indirect beneficial ownership of 18,677 shares through the trust.
• A Limited Power of Attorney was executed on April 22, 2025, appointing several individuals, including Morgan Boatman, Gregory W. Jones, Phuong T. Lam, and Connor McCracken, as attorneys-in-fact to prepare and file SEC forms (Forms 3, 4, 5, and 144) on Mr. Spytek's behalf.

Sentiment

Score: 5

Explanation: The document is a neutral, factual disclosure of insider stock transactions and a power of attorney. It contains no positive or negative operational or financial news about the company itself, nor does it suggest any significant change in company outlook.

Positives

• The acquisition of 7,124 shares of common stock resulted from the vesting of non-derivative performance shares, indicating the achievement of performance targets.
• The shares acquired included dividend equivalents, reflecting additional value from the company's dividend policy.
• An additional 173.9 shares were acquired through a dividend reinvestment feature, demonstrating ongoing investment in the company.

Negatives

• 3,680 shares of common stock were disposed of to cover tax withholding obligations, which is a reduction in direct ownership, though a standard practice for vested equity awards.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction. It is a disclosure of past insider transactions.

Industry Context

This Form 4 filing is a routine disclosure of an insider's stock transactions and does not provide information on broader industry trends or competitive landscape. It reflects an individual executive's compensation and personal financial planning within the food processing industry.

Corporate Governance

Related Party Transactions

• 17,625 shares were transferred by Eryk J. Spytek into his Revocable Trust. While a personal financial planning move, it represents a transfer of beneficial ownership to a related entity (the trust).

Stakeholder Impact

• Shareholders: Minimal direct impact. This is a routine disclosure of an executive's compensation-related stock transactions and personal financial planning, not indicative of operational changes or significant strategic shifts.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Key Dates

Keywords

Lamb Weston, LW, SEC Form 4, Insider Transaction, Beneficial Ownership, Performance Shares, Executive Compensation, Stock Vesting, Tax Withholding, Corporate Governance, Eryk J. Spytek