Form 4: Lamb Weston Executive Sukshma Rajagopalan Reports Stock Transaction
SEC Form 4 Filing
Sukshma Rajagopalan, Chief Information and Digital Officer of Lamb Weston Holdings, Inc., reports a transaction involving the withholding of shares to cover tax obligations.
Summary
- On August 6, 2024, Sukshma Rajagopalan, Chief Information and Digital Officer of Lamb Weston Holdings, Inc., had 692 shares of common stock withheld to satisfy tax obligations related to the vesting of restricted stock units.
- The transaction was executed at a price of $57.38 per share.
- Following the transaction, Rajagopalan directly owns 17,911.19 shares of Lamb Weston common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor executive compensation and potential alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding procedure.
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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