William Zolezzi - 14 May 2026 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Reporting relationship: 10%+ Owner
Issuer ticker: LWAY
Reported as of: 14 May 2026
Net transaction value: +$4,200,968
SEC form: 4
Accepted by SEC: 19 May 2026, 18:39:05 UTC
Source filing: View source filing
Reporting owner signature: WILLIAM ZOLEZZI, By: /s/ William Zolezzi

Key filing fact

William Zolezzi filed Form 4 for Lifeway Foods, Inc. (LWAY) on 19 May 2026.

Key facts

This page summarizes William Zolezzi's Form 4 filing for Lifeway Foods, Inc. (LWAY).
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 19 May 2026, 18:39.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: +$4,200,968.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (3)

CIK 0002135874 Primary reporting owner

Zolezzi William

Relationship: 10%+ Owner
Address: DIVISADERO STREET CAPITAL MANAGEMENT, LP, 3480 MAIN HIGHWAY, SUITE 204, MIAMI
Signature: WILLIAM ZOLEZZI, By: /s/ William Zolezzi
Signature date: 19 May 2026

CIK 0002135888

Divisadero Street Partners GP, LLC

Relationship: 10%+ Owner
Address: 3480 MAIN HIGHWAY, SUITE 204, MIAMI
Signature: DIVISADERO STREET PARTNERS GP, LLC, By: /s/ William Zolezzi, William Zolezzi, Manager
Signature date: 19 May 2026

CIK 0002135889

Divisadero Street Capital, LLC

Relationship: 10%+ Owner
Address: 3480 MAIN HIGHWAY, SUITE 204, MIAMI
Signature: DIVISADERO STREET CAPITAL, LLC, /s/ William Zolezzi, William Zolezzi, Manager
Signature date: 19 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LWAY transaction

Common Stock, No Par Value

Purchase

Transaction value: $2,406,830
Shares: +95,371
Change %: +4.9%
Price: $25.24
Shares after: 2,031,866
Date: 14 May 2026
Ownership: See footnote
Footnotes: F1, F2, F3

LWAY transaction

Common Stock, No Par Value

Purchase

Transaction value: $2,406,830
Shares: +95,371
Change %: +4.9%
Price: $25.24
Shares after: 2,031,866
Date: 14 May 2026
Ownership: See footnote
Footnotes: F1, F2, F3

LWAY transaction

Common Stock, No Par Value

Purchase

Transaction value: $2,406,830
Shares: +95,371
Change %: +4.9%
Price: $25.24
Shares after: 2,031,866
Date: 14 May 2026
Ownership: See footnote
Footnotes: F1, F2, F3

LWAY transaction

Common Stock, No Par Value

Purchase

Transaction value: $34,469
Shares: +1,500
Change %: +0.07%
Price: $22.98
Shares after: 2,033,366
Date: 14 May 2026
Ownership: See footnote
Footnotes: F1, F3

LWAY transaction

Common Stock, No Par Value

Purchase

Transaction value: $34,469
Shares: +1,500
Change %: +0.07%
Price: $22.98
Shares after: 2,033,366
Date: 14 May 2026
Ownership: See footnote
Footnotes: F1, F3

LWAY transaction

Common Stock, No Par Value

Purchase

Transaction value: $34,469
Shares: +1,500
Change %: +0.07%
Price: $22.98
Shares after: 2,033,366
Date: 14 May 2026
Ownership: See footnote
Footnotes: F1, F3

LWAY transaction

Common Stock, No Par Value

Purchase

Transaction value: $921,378
Shares: +35,000
Change %: +1.7%
Price: $26.33
Shares after: 2,068,366
Date: 14 May 2026
Ownership: See footnote
Footnotes: F1, F3

LWAY transaction

Common Stock, No Par Value

Purchase

Transaction value: $921,378
Shares: +35,000
Change %: +1.7%
Price: $26.33
Shares after: 2,068,366
Date: 14 May 2026
Ownership: See footnote
Footnotes: F1, F3

LWAY transaction

Common Stock, No Par Value

Purchase

Transaction value: $921,378
Shares: +35,000
Change %: +1.7%
Price: $26.33
Shares after: 2,068,366
Date: 14 May 2026
Ownership: See footnote
Footnotes: F1, F3

LWAY transaction

Common Stock, No Par Value

Purchase

Transaction value: $838,290
Shares: +33,174
Change %: +1.6%
Price: $25.27
Shares after: 2,101,540
Date: 15 May 2026
Ownership: See footnote
Footnotes: F1, F3, F4

LWAY transaction

Common Stock, No Par Value

Purchase

Transaction value: $838,290
Shares: +33,174
Change %: +1.6%
Price: $25.27
Shares after: 2,101,540
Date: 15 May 2026
Ownership: See footnote
Footnotes: F1, F3, F4

LWAY transaction

Common Stock, No Par Value

Purchase

Transaction value: $838,290
Shares: +33,174
Change %: +1.6%
Price: $25.27
Shares after: 2,101,540
Date: 15 May 2026
Ownership: See footnote
Footnotes: F1, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

All trades in this Form 4 were previously reported on a Form 4 filing made by Divisadero Street Capital Management, LP (the "Adviser") and Divisadero Street Partners, L.P. (the "Fund") on May 18, 2026. The Reporting Persons are filing this Form 4 as a result of the Reporting Persons subsequently receiving CIK codes.

Footnote F2

The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.1592 - $25.4584. The reporting persons undertake 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 bought at each separate price within the ranges set forth in footnote (2) to this Form 4.

Footnote F3

The reported securities are owned directly by the Fund, which is a private investment fund managed by the Adviser, and may be deemed to be indirectly beneficially owned by (i) the Adviser, (ii) Divisadero Street Capital, LLC (the "Adviser GP"), the general partner of the Adviser, (iii) Divisadero Street Partners GP, LLC (the "Fund GP"), the general partner of the Fund, and (iv) William Zolezzi, the manager of both the Adviser GP and the Fund GP.

Footnote F4

The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.1845 - $25.3121. The reporting persons undertake 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 bought at each separate price within the ranges set forth in footnote (4) to this Form 4.

SEC remarks

Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.