Lamb Weston (NYSE: LW) GC receives RSUs and sizable option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lamb Weston Holdings, Inc. reported that its General Counsel and Chief Compliance Officer, Eryk J. Spytek, received new equity awards on February 6, 2026. He acquired 11,726 restricted stock units at no cost, each representing one share of common stock that will vest in three installments from February 2027 through February 2029.
He was also granted employee stock options covering 85,430 shares at $60, 85,430 shares at $75, and 73,225 shares at $85, all becoming fully exercisable on February 6, 2029 and expiring on February 6, 2031. After these awards, he directly holds 26,800.3 shares of common stock, with an additional 25,322 shares held indirectly through a revocable trust, reflecting prior transfers and dividend reinvestment since his last report.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Spytek Eryk J
Role
GEN COUNSEL & CHIEF COMPL OFF
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 85,430 | $0.00 | -- |
| Grant/Award | Employee Stock Option (Right to Buy) | 85,430 | $0.00 | -- |
| Grant/Award | Employee Stock Option (Right to Buy) | 73,225 | $0.00 | -- |
| Grant/Award | Common Stock | 11,726 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 85,430 shares (Direct);
Common Stock — 26,800.3 shares (Direct);
Common Stock — 25,322 shares (Indirect, By Revocable Trust)
Footnotes (1)
- Represents restricted stock units ("RSUs") that vest 33%, 33% and 34% on February 16, 2027, February 15, 2028 and February 13, 2029, respectively, or earlier upon certain events. Each RSU represents a contingent right to receive one share of Lamb Weston Holdings, Inc. common stock upon settlement. Since the date of the reporting person's last report, 6,645 shares were transferred by the reporting person into the reporting person's Revocable Trust. Includes 216.2 additional shares acquired since the date of the reporting person's last report through a dividend reinvestment feature. The stock options will become 100% exercisable on February 6, 2029.
FAQ
What insider transaction did LW General Counsel Eryk Spytek report?
Eryk Spytek reported receiving new equity awards in Lamb Weston. He acquired 11,726 restricted stock units and several large employee stock option grants, all awarded on February 6, 2026, as part of his compensation in common stock of Lamb Weston Holdings, Inc.
How many RSUs did the Lamb Weston (LW) General Counsel receive?
He received 11,726 restricted stock units. These RSUs vest 33%, 33% and 34% on February 16, 2027, February 15, 2028 and February 13, 2029, respectively, or earlier upon certain events, with each RSU settling into one share of Lamb Weston common stock.
What stock options were granted to the LW General Counsel on February 6, 2026?
He was granted employee stock options for 85,430 shares at $60, 85,430 shares at $75, and 73,225 shares at $85. All these options become 100% exercisable on February 6, 2029 and expire on February 6, 2031, if not earlier exercised.
What does the revocable trust holding mean in this LW Form 4?
The filing shows 25,322 Lamb Weston shares held indirectly through a revocable trust. Footnotes explain that 6,645 shares were moved into the revocable trust and 216.2 shares were added through a dividend reinvestment feature since his prior ownership report.
When will the Lamb Weston stock options reported become exercisable?
All three employee stock option grants become fully exercisable on February 6, 2029. Each grant, with exercise prices of $60, $75, and $85 respectively, then remains outstanding until its expiration date of February 6, 2031, assuming they are not earlier exercised.