Younes Steven J 4

What Happened

• Steven J. Younes, Chief Human Resources Officer of Lamb Weston Holdings (LW), received 1,576 shares on 2026-07-14 as vested performance shares (recorded at $0 acquisition cost). To satisfy tax-withholding obligations, 468 of those shares were withheld/disposed at $46.50 each, generating $21,762 in proceeds (withheld, not an open-market sell).

Key Details

• Transaction dates: 2026-07-14 (reported on Form 4 filed 2026-07-16).
• Award (code A): 1,576 shares acquired upon vesting; reported acquisition price $0.00.
• Tax withholding (code F): 468 shares withheld/disposed at $46.50 each = $21,762.
• Shares owned after transaction: not specified in the filing.
• Footnotes from the filing:
  • F1: Shares were received upon vesting of non‑derivative performance shares; dividend equivalents were paid in additional shares on the earned amount.
  • F2: Includes 312.2 additional shares acquired since the last report via a dividend reinvestment feature.
  • F3: The 468-share disposition was a withholding of shares to satisfy tax withholding obligations in connection with the vesting.
• Filing timeliness: Form lists the reporting period 2026-07-14 and was filed 2026-07-16 (no late-filing flag indicated in the provided data).

Context

• This is a routine vesting of performance-based equity and a customary share withholding to cover taxes — not an open-market sale indicating a change in conviction. The award is recorded as $0 because it reflects shares issued on vesting rather than a cash purchase.