Form 4 for LWAY Lifeway Foods, Inc.
Accepted 2026-03-10 00:00:00 ET · period of report 2026-03-06 · accession 0001683168-26-001647 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-03-10 | 2026-03-06 | LWAY | SMOLYANSKY JULIE | CEO, Pres, Sec, Dir, 10% | M - OptEx | $0.00 | +13.3K | 2.15M | +0.6% | $0 |
| D | 2026-03-10 | 2026-03-06 | LWAY | SMOLYANSKY JULIE | CEO, Pres, Sec, Dir, 10% | D - Sale to Iss | $21.50 | -13.3K | 2.14M | -0.6% | -$286.7K |
| D | 2026-03-10 | 2026-03-06 | LWAY | SMOLYANSKY JULIE | CEO, Pres, Sec, Dir, 10% | A - Grant | — | +108.4K | 108.4K | New | — |
| D | 2026-03-10 | 2026-03-06 | LWAY | SMOLYANSKY JULIE | CEO, Pres, Sec, Dir, 10% | M - OptEx | — | -13.3K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, no par value | 2026-03-06 | M | A | 13,334 | $0.00 | 2,152,652 | D | — | — | (F1) No shares of stock were issued. Each Restricted Stock Unit ("RSU") granted to the Reporting Person on August 31, 2022 was the economic equivalent of one share of common stock. 13,334 RSUs held by Reporting Person vested on August 31, 2025. On March 6, 2026, such vested RSUs were settled in cash. |
| 2 | Common | Common Stock, no par value | 2026-03-06 | D | D | 13,334 | $21.50 | 2,139,318 | D | — | — | (F1) No shares of stock were issued. Each Restricted Stock Unit ("RSU") granted to the Reporting Person on August 31, 2022 was the economic equivalent of one share of common stock. 13,334 RSUs held by Reporting Person vested on August 31, 2025. On March 6, 2026, such vested RSUs were settled in cash. |
| 3 | Derivative | Performance Share Units | 2026-03-06 | A | A | 108,426 | — | 108,426 | D | — · — to — | 108,426 Common Stock | (F10) On June16, 2023, the Reporting Person was granted performance share units ("PSUs"), the vesting of which was subject to the achievement of certain 3-year cumulative revenue criteria and 3-year cumulative adjusted EBITDA criteria. In light of the performance-based conditions of the award, the award was not reportable under Section 16 until the performance-based conditions were certified by the Issuer's Compensation Committee. Such certification occurred on March 6, 2026. The PSUs are to be settled no later than March 15, 2027 in cash, unless prior to settlement the Issuer receives consent of Danone North America PBC ("Danone") to issue common stock to the Reporting Person or such consent is no longer required pursuant to the Cooperation Agreement, dated September 30, 2025, between the Issuer and Danone, in which case, the Compensation Committee may determine, in its sole discretion, to settle the PSUs instead with common stock or a combination of common stock and cash. |
| 4 | Derivative | Restricted Stock Units | 2026-03-06 | M | D | 13,334 | — | 0 | D | — · — to — | 13,334 Common Stock | (F1) No shares of stock were issued. Each Restricted Stock Unit ("RSU") granted to the Reporting Person on August 31, 2022 was the economic equivalent of one share of common stock. 13,334 RSUs held by Reporting Person vested on August 31, 2025. On March 6, 2026, such vested RSUs were settled in cash. |