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 the withholding of shares to cover tax obligations related to vesting restricted stock units and performance shares.
Summary
- On July 29, 2024, Sharon L. Miller, President of North America at Lamb Weston Holdings, Inc., reported a transaction involving the withholding of 5,379 shares of common stock.
- The shares were withheld to satisfy tax obligations related to the vesting of restricted stock units and performance shares.
- The price per share was $56.23.
- Following the transaction, Miller beneficially owns 52,706.2 shares of Lamb Weston Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously awarded equity compensation and the associated tax obligations.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine procedure related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Date of the stock transaction (withholding of shares). |
| 07/31/2024 | Date of signature on the Form 4 filing. |
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