Smith Michael Jared 4
4 · Lamb Weston Holdings, Inc. · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Lamb Weston (LW) CEO Michael J. Smith Receives 639,525-Share Award
What Happened
Michael J. Smith, President, CEO and a director of Lamb Weston Holdings, Inc. (LW), received equity awards filed on Feb 6, 2026. The filing reports four grant entries totaling 639,525 shares acquired at $0.00: 29,314 shares (RSUs) and three derivative awards of 213,574; 213,574; and 183,063 (listed as derivative acquisitions). These are awards/grants — not open-market purchases or sales — and carry vesting/exercise conditions described below.
Key Details
- Transaction date: 2026-02-06; Filing date (accession): 2026-02-06 (filed same day).
- Price: $0.00 for all reported awards (typical for grants/RSUs/options).
- Award totals reported: 29,314 shares (RSUs) + 213,574 + 213,574 + 183,063 = 639,525 total shares/options.
- Footnotes of note:
- F1: 29,314 RSUs vest 33% / 33% / 34% on Feb 16, 2027; Feb 15, 2028; Feb 13, 2029 (each RSU converts to one share upon settlement).
- F3: Stock options (derivative awards) will become 100% exercisable on Feb 6, 2029.
- F2: Filing notes an additional 633.4 shares were acquired via dividend reinvestment since the last report.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Timeliness: Filing appears timely (transaction and report dated Feb 6, 2026).
Context
These were compensation awards (RSUs and option-style/derivative grants) rather than purchases or sales. RSUs convert to actual shares only upon vesting; derivative awards/options reported here are subject to future exercisability (100% exercisable Feb 6, 2029 per the filing). Awards at $0 are common for executive compensation and do not represent cash outlay by the insider.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-06+29,314→ 139,337 total - Award
Employee Stock Option (Right to Buy)
[F3]2026-02-06+213,574→ 213,574 totalExercise: $60.00From: 2029-02-06Exp: 2031-02-06→ Common Stock (213,574 underlying) - Award
Employee Stock Option (Right to Buy)
[F3]2026-02-06+213,574→ 213,574 totalExercise: $75.00From: 2029-02-06Exp: 2031-02-06→ Common Stock (213,574 underlying) - Award
Employee Stock Option (Right to Buy)
[F3]2026-02-06+183,063→ 183,063 totalExercise: $85.00From: 2029-02-06Exp: 2031-02-06→ Common Stock (183,063 underlying)
Footnotes (3)
- [F1]Represents restricted stock units ("RSUs") that vest 33%, 33% and 34% on February 16, 2027, February 15, 2028 and February 13, 2029, respectively, or earlier upon certain events. Each RSU represents a contingent right to receive one share of Lamb Weston Holdings, Inc. common stock upon settlement.
- [F2]Includes 633.4 additional shares acquired since the date of the reporting person's last report through a dividend reinvestment feature.
- [F3]The stock options will become 100% exercisable on February 6, 2029.