Lamb Weston Holdings, Inc. (NYSE: LW) GC receives shares, withholds for taxes
Rhea-AI Filing Summary
Lamb Weston Holdings, Inc. officer Eryk J. Spytek, general counsel and chief compliance officer, reported equity compensation activity in the company’s common stock.
He received 2,354 shares upon vesting of performance shares and had 2,311 shares withheld at $46.50 per share to satisfy tax obligations. After these entries, he holds 27,205 shares directly and 25,322 shares indirectly through a Revocable Trust, including 361.7 shares acquired via a dividend reinvestment feature since his prior report.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 43 shares
Net Buy
3 txns
Insider
Spytek Eryk J
Role
GEN COUNSEL & CHIEF COMPL OFF
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 2,354 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F3 | 2,311 | $46.50 | $107K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 27,205 shares (Direct);
Common Stock — 25,322 shares (Indirect, By Revocable Trust)
Footnotes (3)
- F1. Shares of common stock received upon vesting of non-derivative performance shares, including dividend equivalents paid in additional shares of common stock on the earned amount.
- F2. Includes 361.7 additional shares acquired since the date of the reporting person's last report through a dividend reinvestment feature.
- F3. Withholding of shares of common stock to satisfy tax withholding obligations in connection with vesting of performance shares.
Key Figures
Performance shares vested: 2,354 shares
Tax withholding shares: 2,311 shares
Tax withholding price: $46.50 per share
+3 more
6 metrics
Performance shares vested
2,354 shares
Common stock received upon vesting of non-derivative performance shares
Tax withholding shares
2,311 shares
Shares of common stock withheld to satisfy tax withholding obligations
Tax withholding price
$46.50 per share
Value applied to common stock withheld for tax obligations
Direct holdings after transactions
29,516 shares
Shares of Lamb Weston common stock held directly by Spytek
Indirect Revocable Trust holdings
25,322 shares
Common stock held indirectly by Spytek through a Revocable Trust
Dividend reinvestment shares
361.7 shares
Additional shares acquired via dividend reinvestment since prior report
Key Terms
performance shares, dividend reinvestment feature, Revocable Trust, tax withholding obligations
4 terms
dividend reinvestment feature financial
"Includes 361.7 additional shares acquired ... through a dividend reinvestment feature"
Revocable Trust financial
"Indirect ownership reported as held By Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
tax withholding obligations financial
"Withholding of shares of common stock to satisfy tax withholding obligations"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Lamb Weston (LW) officer Eryk J. Spytek report?
Eryk J. Spytek, Lamb Weston’s general counsel and chief compliance officer, reported equity compensation-related movements in common stock. He received 2,354 shares from vesting of performance shares and 2,311 shares were withheld at $46.50 per share to cover associated tax obligations on the vesting event.
What are Eryk J. Spytek’s direct Lamb Weston (LW) holdings after these transactions?
After the reported equity compensation and tax-withholding entries, Spytek directly holds 29,516 shares of Lamb Weston common stock. This figure reflects the net result of the performance share vesting grant and the related withholding of shares for tax obligations on the same date.
Do Eryk J. Spytek’s Lamb Weston (LW) entries involve dividend reinvestment?
Yes. The indirect Revocable Trust holdings reported for Spytek include 361.7 shares obtained through a dividend reinvestment feature. Those shares were accumulated since his previous ownership report as dividends on existing shares were automatically reinvested into additional Lamb Weston common stock.