Heselton Benjamin 4
Research Summary
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Lamb Weston (LW) CIO Benjamin Heselton Receives Stock Awards
What Happened
- Benjamin Heselton, Chief Information Officer of Lamb Weston Holdings, received multiple equity awards on February 6, 2026. The filing shows grants totaling 179,068 equity instruments awarded at $0.00 (no cash paid): 8,208 restricted stock units (RSUs) and three derivative awards of 59,801, 59,801 and 51,258 each (total 170,860 derivative units). These are awards/compensation grants, not open-market purchases or sales.
Key Details
- Transaction date and price: 2026-02-06; awards issued at $0.00 per share (code A — Grant/Award).
- Composition: 8,208 RSUs (see F1) + 170,860 derivative awards/options (as reported).
- RSU vesting (F1): 33% on Feb 16, 2027; 33% on Feb 15, 2028; 34% on Feb 13, 2029 (or earlier on certain events). Each RSU converts to one share on settlement.
- Options/derivatives (F3): reported stock options become 100% exercisable on Feb 6, 2029.
- Small adjustment (F2): filing notes 70.9 additional shares acquired via dividend reinvestment since the last report.
- Shares owned after transaction: not specified in the filing.
- Timeliness: filing date equals the report date (filed Feb 6, 2026); no late filing indicated.
Context
- These are compensation grants (awards/derivatives). RSUs will convert to shares on the stated vesting dates; the derivative awards/options are not exercisable immediately (fully exercisable Feb 6, 2029). Awards at $0.00 do not represent a cash purchase and are routine executive compensation rather than a direct bullish open-market buy.