Form 4: Lamb Weston Executive Sharon L. Miller Reports Stock Transaction
SEC Form 4 Filing
Sharon L. Miller, President of North America at Lamb Weston Holdings, Inc., reports a transaction involving the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On August 6, 2024, Sharon L. Miller, President of North America at Lamb Weston Holdings, Inc., reported a transaction on Form 4.
- The transaction involved the withholding of 756 shares of common stock at a price of $57.38 per share.
- This withholding was to satisfy tax obligations related to the vesting of restricted stock units.
- Following the transaction, Miller directly owns 51,950.2 shares of Lamb Weston Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard tax withholding procedure. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to the vesting of restricted stock units, which is a common form of executive compensation.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of the stock transaction (withholding of shares). |
| 08/07/2024 | Date of signature on the Form 4 filing. |
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