Ludmila Smolyansky - 08 Dec 2025 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role
Member of 10% owner group
Signature
/s/ Ludmila Smolyansky
Issuer symbol
LWAY
Transactions as of
08 Dec 2025
Net transactions value
-$671,050
Form type
4
Filing time
10 Dec 2025, 17:11:06 UTC
Previous filing
09 Oct 2025
Next filing
12 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SMOLYANSKY LUDMILA Member of 10% owner group C/O EDWARD SMOLYANSKY, 1219 N WELLS ST, CHICAGO /s/ Ludmila Smolyansky 10 Dec 2025 0001227848

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWAY Common Stock, no par value Sale $353,400 -15,000 -1.8% $23.56 817,823 08 Dec 2025 See footnote F1, F2
transaction LWAY Common Stock, no par value Sale $317,650 -13,569 -1.7% $23.41 804,254 09 Dec 2025 See footnote F1, F2
holding LWAY Common Stock, no par value 17,343 08 Dec 2025 See footnote F3
holding LWAY Common Stock, no par value 75,000 08 Dec 2025 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging between $23.01 and $24.00, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (1) and (3).
F2 Held by the Ludmila Smolyansky Trust 2/1/05, of which Ludmila Smolyansky is the trustee.
F3 Held by The Smolyansky Family Foundation, of which Ludmila Smolyansky is the trustee.
F4 Held by The Ludmila and Edward Smolyansky Family Foundation, of which Ludmila Smolyansky is a director. The reporting person disclaims beneficial ownership of such shares.