Lamb Weston (NYSE: LW) awards 68,656 RSUs to Executive Chair Craps
Rhea-AI Filing Summary
Craps Jan Eli B reported acquisition or exercise transactions in this Form 4 filing.
Lamb Weston Holdings, Inc. granted Executive Chair Jan Eli B. Craps 68,656 restricted stock units (RSUs), which vest 100% on July 31, 2029. Each RSU represents a contingent right to receive one share of common stock.
After this award, Craps reports 689,168.8 shares of common stock held directly, including 2,865.8 shares accumulated through a dividend reinvestment feature since the prior report. The company indicated this grant was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 68,656 shares
Net Buy
1 txn
Insider
Craps Jan Eli B
Role
Executive Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 68,656 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 689,168.8 shares (Direct)
Footnotes (2)
- F1. Represents restricted stock units ("RSUs") that vest 100% on July 31, 2029. Each RSU represents a contingent right to receive one share of Lamb Weston Holdings, Inc. common stock upon settlement.
- F2. Includes 2,865.8 additional shares acquired since the date of the reporting person's last report through a dividend reinvestment feature.
Key Figures
RSU grant: 68656.0000 shares
Common shares owned after grant: 689168.8000 shares
Dividend reinvestment shares: 2865.8 shares
+1 more
4 metrics
RSU grant
68656.0000 shares
Restricted stock units vesting 100% on July 31, 2029
Common shares owned after grant
689168.8000 shares
Directly held Lamb Weston common stock following the reported award
Dividend reinvestment shares
2865.8 shares
Additional shares accumulated via a dividend reinvestment feature since prior report
RSU vesting date
July 31, 2029
Date on which the granted RSUs vest 100%
Key Terms
restricted stock units ("RSUs"), contingent right to receive one share, dividend reinvestment feature
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") that vest 100% on July 31, 2029."
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.
dividend reinvestment feature financial
"Includes 2,865.8 additional shares acquired through a dividend reinvestment feature."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Lamb Weston (LW) Executive Chair Jan Eli B. Craps receive?
Jan Eli B. Craps received 68,656 restricted stock units (RSUs). These RSUs vest 100% on July 31, 2029 and each RSU provides a contingent right to receive one share of Lamb Weston common stock upon settlement.
When do the 68,656 RSUs granted by Lamb Weston (LW) to its Executive Chair vest?
The 68,656 RSUs granted to Executive Chair Jan Eli B. Craps vest 100% on July 31, 2029. Vesting occurs in a single cliff on that date, after which each RSU is settled in one share of Lamb Weston common stock.
Were the Lamb Weston (LW) RSU awards to Jan Eli B. Craps under a Rule 10b5-1 plan?
No. The company indicated the transaction was not made under a Rule 10b5-1 trading plan. The Form 4’s Rule 10b5-1 checkbox was left unchecked, signaling the award was not executed pursuant to a pre-arranged trading plan.