Form 4: Lamb Weston Executive Steven J. Younes Reports Changes in Beneficial Ownership

Steven J. Younes, Chief Human Resources Officer of Lamb Weston Holdings, Inc., reports several acquisitions of common stock through a voluntary deferred compensation plan and dividend reinvestment.

Summary

• Steven J. Younes, the Chief Human Resources Officer of Lamb Weston Holdings, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.
• The report indicates multiple acquisitions of common stock between January 5, 2024, and March 29, 2024, through the Lamb Weston Holdings, Inc. Voluntary Deferred Compensation Plan.
• These acquisitions were made at varying prices, ranging from $101.23 to $109.24 per share.
• Additionally, Younes acquired 120.52 shares through a dividend reinvestment feature since his last report.
• Following these transactions, Younes directly owns 13,951.38 shares of Lamb Weston Holdings, Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The executive's increased stock ownership suggests confidence in the company's future, but it's a routine transaction.

Positives

• The executive's participation in the deferred compensation plan and dividend reinvestment program demonstrates a long-term commitment to the company's success.

Industry Context

Executive stock ownership is a common practice and is often viewed positively by investors as it aligns management's interests with those of shareholders. Regular filings like these are standard for publicly traded companies.

Comparison to Industry Standards

• Executive compensation packages, including deferred stock units and dividend reinvestment, are common across the food industry.
• Companies like Conagra Brands (CAG) and Kellogg (K) also utilize similar compensation strategies to incentivize their executives.
• The level of stock ownership and the frequency of transactions are within the typical range for executives at comparable companies.

Stakeholder Impact

• The increased stock ownership by a key executive could positively influence investor confidence.

Key Dates