Danone S.A. - 19 May 2026 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Reporting relationship: 10%+ Owner
Issuer ticker: LWAY
Reported as of: 19 May 2026
Net transaction value: -$67,367,742
SEC form: 4
Accepted by SEC: 20 May 2026, 16:30:26 UTC
Source filing: View source filing
Reporting owner signature: /s/ Laurent Sacchi

Key filing fact

Danone S.A. filed Form 4 for Lifeway Foods, Inc. (LWAY) on 20 May 2026.

Key facts

This page summarizes Danone S.A.'s Form 4 filing for Lifeway Foods, Inc. (LWAY).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 20 May 2026, 16:30.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$67,367,742.

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 (1)

CIK 0001825471 Primary reporting owner

Danone S.A.

Relationship: 10%+ Owner
Address: 59-61 RUE LA FAYETTE, PARIS, FRANCE
Signature: /s/ Laurent Sacchi
Signature date: 20 May 2026

Reported non-derivative transactions

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

LWAY transaction

Common Stock, no par value

Sale

Transaction value: $67,367,742
Shares: -3,454,756
Change %: -100%
Price: $19.50
Shares after: 0
Date: 14 May 2026
Ownership: Direct

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Danone S.A. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

SEC remarks

On May 19, 2026, Danone S.A.'s wholly owned subsidiary, Danone USA Public Benefit Corporation, completed the sale of Danone USA Public Benefit Corporation's holdings of Common Stock of Lifeway Foods, Inc. in an underwritten transaction registered under the Securities Act of 1933. Danone S.A. previously disclaimed any indirect beneficial ownership of Common Stock of Lifeway Foods, Inc. and, as a result of this transaction, Danone USA Public Benefit Corporation no longer has beneficial ownership of any of the Common Stock of Lifeway Foods, Inc. Danone USA Public Benefit Corporation only retains voting power over the shares of Common Stock in respect of matters where there is a record date prior to May 19, 2026.