Lamb Weston CFO buys 10,000 shares, gets RSUs

Lamb Weston Holdings, Inc. Chief Financial Officer James D. Gray increased his direct stake through both equity awards and open-market buying.

Rhea-AI Filing Summary

Lamb Weston Holdings, Inc. Chief Financial Officer James D. Gray increased his direct stake through both equity awards and open-market buying. On May 11, 2026, he received 15,096 restricted stock units that vest 33%, 33% and 34% on May 11, 2027, May 9, 2028 and May 8, 2029, each RSU representing one share upon settlement.

That same day, he made two open-market purchases of common stock totaling 10,000 shares, buying 5,000 shares at $40.90 and 5,000 shares at $40.945 per share. Following these transactions, he directly owns 84,837 shares of Lamb Weston common stock.

Insider Trade Summary

Net Buyer: 10,000 shares

Net Buy 3 txns

Insider Gray James D

Role Chief Financial Officer

Bought 10,000 shs ($409K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	5,000	$40.945	$205K
Purchase	Common Stock	5,000	$40.90	$205K
Grant/Award	Common Stock	15,096	$0.00	$0.00

Holdings After Transaction: Common Stock — 84,837 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units ("RSUs") that vest 33%, 33% and 34% on May 11, 2027, May 9, 2028 and May 8, 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.

Key Figures

RSU grant: 15,096 units Open-market purchases: 10,000 shares Purchase price 1: $40.90 per share +2 more

5 metrics

RSU grant 15,096 units Restricted stock units granted to CFO on May 11, 2026

Open-market purchases 10,000 shares Common stock bought by CFO on May 11, 2026

Purchase price 1 $40.90 per share 5,000 shares of common stock purchased

Purchase price 2 $40.945 per share 5,000 shares of common stock purchased

Post-transaction holdings 64,741 shares Direct ownership after latest reported transaction

Key Terms

restricted stock units ("RSUs"), contingent right, open-market purchase, grant, award, or other acquisition

4 terms

restricted stock units ("RSUs") financial

"Represents restricted stock units ("RSUs") that vest 33%, 33% and 34% on May 11, 2027..."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

contingent right financial

"Each RSU represents a contingent right to receive one share of Lamb Weston Holdings, Inc. common stock..."

open-market purchase financial

"transaction_action": "open-market purchase""

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

What insider transactions did Lamb Weston (LW) report for CFO James D. Gray?

Lamb Weston reported that CFO James D. Gray received 15,096 restricted stock units and bought 10,000 common shares in open-market purchases on May 11, 2026. These moves increase his direct equity exposure to the company.

How many Lamb Weston (LW) shares did the CFO buy and at what prices?

On May 11, 2026, Lamb Weston CFO James D. Gray bought 10,000 common shares in two open-market trades. He purchased 5,000 shares at $40.90 per share and another 5,000 shares at $40.945 per share, according to the Form 4.

What are the terms of the 15,096 RSUs granted to Lamb Weston (LW) CFO?

The 15,096 restricted stock units granted to Lamb Weston CFO James D. Gray vest 33%, 33% and 34% on May 11, 2027, May 9, 2028 and May 8, 2029. Each RSU converts into one share of common stock upon settlement.

How many Lamb Weston (LW) shares does the CFO own after these transactions?

After the reported grant and open-market purchases, Lamb Weston CFO James D. Gray directly owns 64,741 shares of the company’s common stock. This figure reflects his holdings following the most recent transaction in the Form 4.

Are the Lamb Weston (LW) CFO’s RSUs immediately payable in shares?

No, the restricted stock units granted to Lamb Weston CFO James D. Gray represent a contingent right to receive common shares. They will convert into one share each only upon settlement after their respective vesting dates from 2027 through 2029.

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Accepted by SEC EDGAR 05/11/2026 - 06:36 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gray James D

(Last) (First) (Middle)

C/O LAMB WESTON HOLDINGS, INC.

599 S. RIVERSHORE LANE

(Street)

EAGLE IDAHO 83616

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lamb Weston Holdings, Inc. [ LW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/11/2026		P		5,000	A	$40.945	64,741	D
Common Stock	05/11/2026		P		5,000	A	$40.9	69,741	D
Common Stock	05/11/2026		A		15,096(1)	A	$0	84,837	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units ("RSUs") that vest 33%, 33% and 34% on May 11, 2027, May 9, 2028 and May 8, 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.

	/s/ Eryk J. Spytek by Power of Attorney from James D. Gray	05/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)