Spytek Eryk J 4
Research Summary
AI-generated summary
Lamb Weston (LW) GC Eryk Spytek Receives Stock Award
What Happened
- Eryk J. Spytek, General Counsel & Chief Compliance Officer of Lamb Weston (LW), was granted equity awards on Feb 6, 2026 totaling 255,811 shares. The filing shows one grant of 11,726 shares and three derivative awards of 85,430, 85,430 and 73,225 shares; all reported with an acquisition price of $0. These awards include restricted stock units (RSUs) and/or derivative awards (such as stock options) as noted in the filing.
Key Details
- Transaction date: 2026-02-06; reported acquisition price: $0.
- Total new awards: 255,811 shares (11,726 + 85,430 + 85,430 + 73,225).
- Vesting/settlement: RSUs vest 33% / 33% / 34% on Feb 16, 2027, Feb 15, 2028 and Feb 13, 2029 respectively (or earlier upon certain events) (Footnote F1).
- Options note: a footnote states stock options will become 100% exercisable on Feb 6, 2029 (Footnote F4).
- Other items disclosed: 6,645 shares were transferred into the reporting person's revocable trust since the last report (F2); 216.2 additional shares were acquired via dividend reinvestment since the last report (F3).
- Filing/timeliness: Reported with the period date of Feb 6, 2026 — filing appears to have been made on the transaction date.
Context
- RSUs are a contingent right to receive shares upon settlement and are different from an open‑market purchase; they reflect compensation rather than an immediate market bet. Options (if present) require exercise to convert to shares and per the filing become fully exercisable in 2029. These awards do not necessarily indicate the insider is buying or selling stock in the open market.