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 June 26, 2024, Sukshma Rajagopalan, Chief Information and Digital Officer of Lamb Weston Holdings, Inc., reported a transaction.
- 1,815 shares of common stock were withheld to satisfy tax obligations related to the vesting of restricted stock units at a price of $84.07 per share.
- Following the transaction, Rajagopalan beneficially owns 14,019.19 shares of Lamb Weston common stock, which includes 208.19 shares acquired through dividend reinvestment since the last report.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't convey strong positive or negative sentiment.
Positives
- The reporting person continues to hold a significant number of shares in the company.
- The reporting person is reinvesting dividends into additional shares.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their holdings in the company.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of the stock transaction (withholding of shares for tax obligations). |
| 06/28/2024 | Date of signature on the report. |
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