Eric A. Hanson - 06 Mar 2026 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role
CFO
Signature
/s/ Eric A. Hanson
Issuer symbol
LWAY
Transactions as of
06 Mar 2026
Net transactions value
$0
Form type
4
Filing time
10 Mar 2026, 16:30:11 UTC
Previous 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 10 Mar 2026 0001742145

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWAY Common Stock, no par value Award +21,396 +49% $0.000000* 65,060 06 Mar 2026 Direct F1, F2
transaction LWAY Common Stock, no par value Tax liability -8,024 -12% $21.50* 57,036 06 Mar 2026 Direct F3

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 Award +2,672 2,672 06 Mar 2026 Common Stock 2,672 Direct F7
holding LWAY Restricted Stock Units 2,390 06 Mar 2026 Common Stock 2,390 Direct F4
holding LWAY Restricted Stock Units 1,261 06 Mar 2026 Common Stock 1,261 Direct F5
holding LWAY Restricted Stock Units 2,228 06 Mar 2026 Common Stock 2,228 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 PSUs convert into common stock on a one-for-one basis.
F3 No stock was sold. Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
F4 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.
F5 Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 1,261 will vest on January 10, 2027, contingent on the Reporting Person's continued service on each applicable vesting date.
F6 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.
F7 Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 891 will vest on March 6, 2027, 891 will vest on March 6, 2028, and 890 will vest on March 6, 2029, contingent on the Reporting Person's continued service on each applicable vesting date.