Eric A. Hanson - 16 Jun 2025 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role
CFO
Signature
/s/ Eric A. Hanson
Issuer symbol
LWAY
Transactions as of
16 Jun 2025
Net transactions value
-$24,553
Form type
4
Filing time
18 Jun 2025, 13:54:25 UTC
Previous filing
01 Apr 2025
Next filing
13 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hanson Eric A CFO C/O LIFEWAY FOODS, INC., 6431 OAKTON STREET, MORTON GROVE /s/ Eric A. Hanson 18 Jun 2025 0001742145

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWAY Common Stock, no par value Options Exercise $0 +2,390 +5.9% $0.000000 42,612 16 Jun 2025 Direct
transaction LWAY Common Stock, no par value Tax liability $24,553 -979 -2.3% $25.08 41,633 16 Jun 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LWAY Restricted Stock Units Options Exercise $0 -2,390 -50% $0.000000 2,390 16 Jun 2025 Common Stock 2,390 Direct F2
holding LWAY Restricted Stock Units 2,524 16 Jun 2025 Common Stock 2,524 Direct F3
holding LWAY Restricted Stock Units 2,488 16 Jun 2025 Common Stock 2,488 Direct F4
holding LWAY Restricted Stock Units 2,228 16 Jun 2025 Common Stock 2,228 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No stock was sold. Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
F2 Each restricted stock unit has a value equal to one share of common stock. The remaining restricted stock units will vest on June 16, 2026, contingent on the Reporting Person's continued service on the vesting date.
F3 Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 1,263 will vest on January 10, 2026 and 1,261 will vest on January 10, 2027, contingent on the Reporting Person's continued service on each applicable vesting date.
F4 Each restricted stock unit has a value equal to one share of common stock. The restricted stock units will vest on August 31, 2025, contingent on the Reporting Person's continued service on the vesting date.
F5 Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 743 will vest on March 28, 2026, 743 will vest on March 28, 2027, and 742 will vest on March 28, 2028, contingent on the Reporting Person's continued service on each applicable vesting date.