T. Rowe Price discloses 7.1% Lamb Weston (LW) stake on Schedule 13G

Rhea-AI Filing Summary

T. Rowe Price Associates, Inc. filed an amended Schedule 13G reporting beneficial ownership of 9,824,721 shares of Lamb Weston Holdings, Inc. common stock, representing 7.1% of the class as of the event date 12/31/2025.

The firm reports sole voting power over 9,659,611 shares and sole dispositive power over 9,824,690 shares, with no shared voting or dispositive power. T. Rowe Price states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Lamb Weston.

Insights

Institutional Ownership Analyst

Large asset manager reports a passive 7.1% stake in Lamb Weston.

T. Rowe Price Associates discloses beneficial ownership of 9,824,721 Lamb Weston shares, equal to 7.1% of the common stock, with the event dated 12/31/2025. It holds sole voting and dispositive power over essentially all of these shares.

The filing is on Schedule 13G, which is used for positions certified as passive. T. Rowe Price explicitly states the securities are held in the ordinary course of business and not to change or influence control of Lamb Weston.

This update mainly informs investors about the scale and passive nature of this institutional holding. Any future impact depends on changes in this ownership stake as disclosed in subsequent beneficial ownership reports.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

LAMB WESTON HOLDING INC

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

513272104

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 513272104

1

Names of Reporting Persons

T. Rowe Price Associates, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MARYLAND

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 9,659,611.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 9,824,690.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,824,721.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.1 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: LAMB WESTON HOLDING INC
(b)	Address of issuer's principal executive offices: 599 S. RIVERSHORE LANE, EAGLE, ID, 83616
Item 2.
(a)	Name of person filing: T. Rowe Price Associates, Inc.
(b)	Address or principal business office or, if none, residence: 1307 Point Street, Baltimore, MD 21231
(c)	Citizenship: Maryland
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP No.: 513272104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 9824721
(b)	Percent of class: 7.1 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 9659611
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 9824690
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

T. Rowe Price Associates, Inc.

Signature:	Ellen York
Name/Title:	Vice President
Date:	02/17/2026

FAQ

What percentage of Lamb Weston (LW) does T. Rowe Price Associates own?

T. Rowe Price Associates reports beneficial ownership of 7.1% of Lamb Weston common stock. This corresponds to 9,824,721 shares as of the event date 12/31/2025, giving the firm a sizable institutional stake in the company.

How many Lamb Weston (LW) shares does T. Rowe Price Associates control for voting?

T. Rowe Price Associates reports sole voting power over 9,659,611 Lamb Weston shares. It reports no shared voting power, meaning all disclosed voting authority is held directly by the firm, giving it a meaningful voice in shareholder matters.

Is T. Rowe Price’s Lamb Weston (LW) stake considered passive or active?

The stake is reported on Schedule 13G, indicating a passive investment. T. Rowe Price certifies the shares were acquired and are held in the ordinary course of business, not to change or influence control of Lamb Weston.

What is the total number of Lamb Weston (LW) shares T. Rowe Price beneficially owns?

T. Rowe Price Associates discloses beneficial ownership of 9,824,721 shares of Lamb Weston common stock. This figure includes all shares over which it has dispositive power and forms the basis for its reported 7.1% ownership of the company.

Does T. Rowe Price share voting or dispositive power over Lamb Weston (LW) shares?

No. T. Rowe Price reports sole voting power over 9,659,611 shares and sole dispositive power over 9,824,690 shares, with zero shared voting or dispositive power. This indicates exclusive control over how these shares are voted and disposed.

What does the 12/31/2025 date signify in T. Rowe Price’s Lamb Weston (LW) filing?

The date 12/31/2025 is the event date requiring this ownership report. It marks the point at which T. Rowe Price’s Lamb Weston position met disclosure thresholds, and the 9,824,721 shares and 7.1% ownership are measured as of that date.