Crowley Michael Christopher 4
Research Summary
AI-generated summary
Lamb Weston (LW) President Michael Crowley Receives Equity Awards
What Happened
Michael Christopher Crowley, President, North America of Lamb Weston Holdings (LW), was granted equity awards on February 6, 2026. The Form 4 shows a grant of 13,680 restricted stock units (RSUs) and three derivative awards of 99,668; 99,668; and 85,430 shares (total derivative awards = 284,766). All grants are recorded at $0.00 (typical for awards/RSUs at grant).
Key Details
- Transaction date: 2026-02-06; Transaction code: A (award/grant); reported grant price: $0.00.
- Award totals: 13,680 RSUs + 284,766 derivative awards = 298,446 total shares/units granted.
- Vesting/exercise notes:
- RSUs (13,680) vest 33% / 33% / 34% on Feb 16, 2027; Feb 15, 2028; and Feb 13, 2029, respectively (each RSU converts to one share on settlement). (Footnote F1)
- The derivative awards are described with a note that the stock options will become 100% exercisable on Feb 6, 2029. (Footnote F3)
- Includes 121 additional shares acquired since the last report via dividend reinvestment. (Footnote F2)
- Shares owned after the transaction are not specified in the data provided. The Form 4 was filed on the same date as the transactions (no late filing indicated).
Context
These entries are grants/awards (not open‑market purchases or sales). RSUs convert to common stock upon vesting; the derivative entries are documented as stock-option–type awards that become fully exercisable on Feb 6, 2029. Awards like these are routine compensation for executives and do not by themselves indicate intent to buy or sell shares on the open market.