Form 4: Lamb Weston VP & Controller Reports Share Vesting and Tax-Related Sale
Insider Transaction Report
Gregory W. Jones, VP and Controller of Lamb Weston Holdings, Inc., reported the vesting of performance shares and a subsequent sale of shares to cover tax obligations.
Summary
- Gregory W. Jones, VP and Controller of Lamb Weston Holdings, Inc. (LW), reported transactions involving the company's common stock.
- On July 15, 2025, Jones acquired 791 shares of common stock through the vesting of non-derivative performance shares, which included dividend equivalents.
- Concurrently, 235 shares were disposed of at a price of $49.79 per share to satisfy tax withholding obligations related to the performance share vesting.
- Following these transactions, Jones beneficially owns 9,051.3 shares of Lamb Weston Holdings, Inc. common stock directly.
- The reported beneficial ownership also includes 90.7 additional shares acquired via a dividend reinvestment feature since the last report.
Sentiment
Score: 5
Explanation: Neutral. This is a routine insider transaction report detailing the vesting of performance shares and a subsequent sale for tax purposes, which is a common occurrence and does not inherently indicate positive or negative company performance or outlook.
Positives
- Acquisition of 791 shares through vesting of performance shares indicates achievement of performance targets by the executive.
- The vesting included dividend equivalents, suggesting ongoing shareholder returns.
Negatives
- Disposition of 235 shares for tax withholding purposes reduces the executive's direct ownership.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Administrative Authorization | Gregory W. Jones executed a Limited Power of Attorney, authorizing specific individuals (Morgan Boatman, Phuong T. Lam, Connor McCracken, Eryk J. Spytek, and any General Counsel, Corporate Secretary or Controller) to prepare and file SEC Forms 3, 4, 5, and 144 on his behalf, and manage his EDGAR account. | 04/22/2025 | Streamlines the process for executive SEC filings, ensuring timely compliance with reporting requirements. |
Stakeholder Impact
- Minimal impact on shareholders as this is a routine insider transaction related to executive compensation and tax obligations.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 04/22/2025 | Date of execution of Limited Power of Attorney by Gregory W. Jones. |
| 07/15/2025 | Date of earliest reported transaction (share acquisition and disposition). |
| 07/16/2025 | Date Form 4 was signed by Power of Attorney. |
| 05/15/2030 | Expiration date of Notary Public commission for Judi Glathe. |
Keywords
Lamb Weston Holdings, LW, SEC Form 4, Insider Trading, Stock Vesting, Performance Shares, Executive Compensation, Gregory W. Jones, Common Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.