Crowley Michael Christopher 4

What Happened Michael Crowley, President, North America of Lamb Weston Holdings (LW), had 378 non‑derivative performance shares vest on July 14, 2026 (reported July 16). The award was recorded at $0.00 (grant/vesting). To satisfy tax withholding, 113 shares were withheld/disposed at $46.50 each, producing proceeds of $5,255. The net increase from this vesting event was 265 shares (378 vested minus 113 withheld).

Key Details

• Transaction date: 2026-07-14; Form 4 filed 2026-07-16 (timely filing).
• Award (code A): 378 shares acquired at $0.00 upon vesting.
• Tax withholding (code F): 113 shares disposed at $46.50, total value $5,255.
• Footnotes:
  • F1: Shares received upon vesting of non‑derivative performance shares; dividend equivalents paid in additional shares.
  • F2: The award "includes 275 additional shares acquired since the date of the reporting person's last report through a dividend reinvestment feature."
  • F3: The 113‑share disposition represents withholding to satisfy tax obligations on the vesting.
• Shares owned after the transaction were not specified in the filing.

Context This was a routine vesting of performance shares, not an open‑market purchase or a voluntary sale (aside from the tax withholding). Withholding of shares to cover taxes is common and does not, by itself, indicate a change in the insider’s view of the stock. The filing appears to have been submitted within the standard Form 4 deadline.