Smith Michael Jared 4

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.