JANA Partners Files SC 13D for Lamb Weston Holdings

TL;DR

**JANA Partners just filed a 13D on Lamb Weston (LW). Big player alert.**

AI Summary

JANA Partners Management, LP, on October 11, 2024, filed a Schedule 13D regarding Lamb Weston Holdings, Inc. The filing indicates a change in beneficial ownership of the company's common stock. JANA Partners Management, LP is a significant investment firm based in New York.

Why It Matters

This filing signals a potential shift in the ownership structure or strategic direction of Lamb Weston Holdings, Inc., which could impact its stock price and future operations.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, which can introduce volatility.

Key Players & Entities

• JANA Partners Management, LP (company) — Filer of the Schedule 13D
• Lamb Weston Holdings, Inc. (company) — Subject company of the Schedule 13D
• Eleazer Klein, Esq. (person) — Authorized to receive notices
• Adriana Schwartz, Esq. (person) — Authorized to receive notices

FAQ

Key Financial Figures

• $1.00 — me of Issuer) Common Stock, par value $1.00 per share (Title of Class of Securitie
• $336 million — gregate purchase price of approximately $336 million. Such Shares were acquired with investm
• $0.7 million — gregate purchase price of approximately $0.7 million and 8,833 were received by Mr. Alford i
• $4.6 million — gregate purchase price of approximately $4.6 million. The 16,000 Shares reported herein as
• $1.0 million — gregate purchase price of approximately $1.0 million. Of the 40,500 Shares reported herein
• $2.4 million — gregate purchase price of approximately $2.4 million and 2,000 were awarded to Mr. McLevish
• $0.5 million — gregate purchase price of approximately $0.5 million. Item 4. PURPOSE OF TRANSACTION. T
• $60,000 — the Nominee Agreement in the amount of $60,000, and will receive an additional $155,00
• $155,000 — $60,000, and will receive an additional $155,000 in the event of his or her appointment
• $215,000 — old Shares with a market-value equal to $215,000 (adjusted for taxes) as of the date of
• $30.00 — 3,230,400 Shares with a strike price of $30.00 and which expire on December 20, 2024.

Filing Documents

• p24-2992sc13d.htm (SC 13D) — 145KB
• p24-2992exhibit99_1.htm (EX-99.1) — 21KB
• p24-2992exhibit99_2.htm (EX-99.2) — 11KB
• 0000902664-24-005888.txt ( ) — 179KB

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: October 18, 2024 JANA PARTNERS MANAGEMENT, LP By: /s/ Jennifer Fanjiang Name: Jennifer Fanjiang Title: Partner, Chief Legal Officer and Chief Compliance Officer /s/ Bradley Alford BRADLEY ALFORD /s/ Diane Dietz DIANE DIETZ /s/ John P. Gainor Jr. JOHN P. GAINOR JR /s/ Timothy R. McLevish TIMOTHY R. MCLEVISH /s/ Joseph E. Sclazo JOSEPH E. SCALZO CUSIP No. 513272104 SCHEDULE 13D Page 13 of 14 Pages SCHEDULE A Transactions in the Shares of the Issuer During the Past Sixty (60) Days The following tables set forth all transactions in the Shares effected during the past sixty (60) days by the Reporting Persons. Except as noted below, all such transactions were effected in the open market through brokers and the price per share includes commissions. Where a price range is provided in the column Price Range ($), the price reported in that row's Price Per Share ($) column is a weighted average price. These Shares were purchased/sold in multiple transactions at prices between the price ranges indicated in the Price Range ($) column. The Reporting Person will undertake to provide to the staff of the SEC, upon request, full information regarding the number of Shares purchased/sold at each separate price. JANA Trade Date Shares Purchased (Sold) Price Per Share ($) Price Range ($) 8/26/2024 34,200 62.56 8/27/2024 23,702 62.25 8/28/2024 28,000 60.88 8/28/2024 9,100 62.07 8/29/2024 9,100 61.43 8/30/2024 8,054 61.91 9/3/2024 9,300 61.93 9/19/2024 32,600 65.77 9/20/2024 16,300 65.39 9/23/2024 16,400 65.17 9/24/2024 29,025 65.30 9/25/2024 39,015 64.50 9/26/2024 48,100 66.50 66.31 – 66.72 9/30/2024 43,800 64.94 10/1/2024 57,000 65.06 64.94 – 65.55 10/2/2024 22,961 65.45 10/3/2

View Full Filing

View this SC 13D filing on SEC EDGAR