Wilks Sylvia 4
Research Summary
AI-generated summary
Lamb Weston (LW) Chief Supply Chain Officer Sylvia Wilks Receives Award
What Happened
- Sylvia Wilks, Chief Supply Chain Officer at Lamb Weston Holdings, received equity awards on February 6, 2026. The Form 4 reports a grant of 13,680 restricted stock units (RSUs) and three derivative grants totaling 284,766 share-equivalents (99,668 + 99,668 + 85,430). All grants are reported at an acquisition price of $0.00 (awards/grants, not open‑market purchases).
- The filing shows no cash paid for these grants (reported value $0 at acquisition). These are awards from the company’s compensation program rather than sales or purchases in the market.
Key Details
- Transaction date: February 6, 2026; price reported: $0.00 (award/grant).
- Awards granted: 13,680 RSUs; derivatives totaling 284,766 share-equivalents (99,668; 99,668; 85,430).
- Vesting / exercise notes:
- RSUs vest 33% on Feb 16, 2027; 33% on Feb 15, 2028; 34% on Feb 13, 2029 (Footnote F1).
- The stock option portion becomes 100% exercisable on Feb 6, 2029 (Footnote F3).
- Filing also notes 254.2 additional shares were acquired since the last report via a dividend reinvestment feature (Footnote F2).
- Shares owned after the transaction were not provided in the supplied summary. The Form 4 was filed with a report date of 2026-02-06 (no late filing indicated).
Context
- RSUs are contingent rights to receive shares upon vesting; no immediate cash or open‑market purchase occurred. The derivative entries reference option-like awards that, per the filing, will be fully exercisable in 2029 — they do not represent immediate share sales or purchases.
- Equity awards to executives are common as part of compensation and do not necessarily signal immediate buying or selling intent in the market.