[Form 4] Lamb Weston Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Peter J. Bensen, a director of Lamb Weston Holdings, Inc. (LW), reported a grant of 4,345 restricted stock units (RSUs) on 10/02/2025. Each RSU converts to one share on settlement and vests on the earlier of the first anniversary of grant or the next annual meeting, with earlier vesting on certain events. After the grant and other holdings, the reporting person beneficially owned 20,146 shares in total, which includes 12,204 shares held indirectly via a revocable trust and 401 additional shares acquired through dividend reinvestment since the last report. The Form 4 was signed under power of attorney on 10/03/2025.

Positive

• 4,345 RSUs granted to a director, aligning interests with shareholders
• 401 additional shares acquired via dividend reinvestment, increasing ownership
• 12,204 shares held indirectly via revocable trust, showing established ownership

Negative

• None.

Insights

Corporate Governance Expert

Director received time‑based RSUs reflecting standard board compensation.

The reported 4,345 RSUs are described as vesting on the earlier of the first anniversary or the next annual meeting, a common structure to align directors with shareholder interests while ensuring continued service.

The disclosure that 12,204 shares are held indirectly via a revocable trust and that 401 shares came from dividend reinvestment clarifies the reporting person’s ownership mix and prevents double‑counting.

Equity Compensation Specialist

The RSU grant has no cash price and converts one‑for‑one into shares on settlement.

The transaction shows an RSU award with a reported $0 price and a one‑share-per‑RSU settlement feature, indicating a standard restricted award rather than a purchase. Vesting triggers include service time and corporate events, consistent with time‑based director awards.

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).

1. Name and Address of Reporting Person^*

Bensen Peter J

(Last) (First) (Middle)

C/O LAMB WESTON HOLDINGS, INC.

599 S. RIVERSHORE LANE

(Street)

EAGLE ID 83616

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
10/02/2025

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

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

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

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	10/02/2025		A		4,345(1)	A	$0	20,146(2)	D
Common Stock								12,204	I	By Revocable Trust

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 on the earlier of (1) the first anniversary of the date of grant and (2) the date of the first annual meeting of Lamb Weston Holdings, Inc.'s ("Lamb Weston") stockholders occurring after the date of grant, or earlier upon certain events. Each RSU represents a contingent right to receive one share of Lamb Weston common stock upon settlement.

2. Includes 401 additional shares acquired since the date of the reporting person's last report through a dividend reinvestment feature.

	/s/ Eryk J. Spytek by Power of Attorney from Peter J. Bensen	10/03/2025
	** 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.

FAQ

What did Lamb Weston director Peter J. Bensen acquire on 10/02/2025 (LW)?

He was granted 4,345 restricted stock units (RSUs) on 10/02/2025; each RSU converts to one share upon settlement.

How many total shares does Peter J. Bensen beneficially own after the reported transaction?

The Form 4 reports 20,146 shares beneficially owned following the transaction.

Does the Form 4 show any indirect holdings for Peter J. Bensen?

Yes, it shows 12,204 shares held indirectly through a revocable trust.

Were any shares acquired through dividend reinvestment reported?

Yes, the filing notes 401 additional shares acquired via a dividend reinvestment feature since the last report.

When do the RSUs granted to Peter J. Bensen vest?

They vest on the earlier of the first anniversary of the grant or the first annual meeting of shareholders after the grant, and may vest earlier upon certain events.