Nexus Capital Management LP - 21 Apr 2026 Form 4 Insider Report for Laird Superfood, Inc. (LSF)

Reporting relationship: 10%+ Owner
Issuer ticker: LSF
Reported as of: 21 Apr 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 23 Apr 2026, 21:46:47 UTC
Prior SEC filing: 23 Apr 2026
Source filing: View source filing
Reporting owner signature: /s/ Michael Cohen - Nexus Capital Management LP, Authorized Signatory

Key filing fact

Nexus Capital Management LP filed Form 4 for Laird Superfood, Inc. (LSF) on 23 Apr 2026.

Key facts

This page summarizes Nexus Capital Management LP's Form 4 filing for Laird Superfood, Inc. (LSF).
2 reported transactions and 20 derivative rows are listed below.
Accepted by SEC: 23 Apr 2026, 21:46.

Change

Previous filing in this sequence was filed on 23 Apr 2026.
Current net transaction value: $0.

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 (10)

CIK 0001963997 Primary reporting owner

Nexus Capital Management LP

Relationship: 10%+ Owner
Address: 11150 SANTA MONICA BOULEVARD, SUITE 400, LOS ANGELES
Signature: /s/ Michael Cohen - Nexus Capital Management LP, Authorized Signatory
Signature date: 23 Apr 2026

CIK 0002127546

Gateway Superfood NSSIII Investment, LLC

Relationship: 10%+ Owner
Address: 11111 SANTA MONICA BOULEVARD, SUITE 350, LOS ANGELES
Signature: /s/ Michael Cohen - Gateway Superfood NSSIII Investment, LLC, Authorized Signatory
Signature date: 23 Apr 2026

CIK 0002124520

Gateway Superfood NSSIV Investment, LLC

Relationship: 10%+ Owner
Address: 11111 SANTA MONICA BOULEVARD, SUITE 350, LOS ANGELES
Signature: /s/ Michael Cohen - Gateway Superfood NSSIV Investment, LLC, Authorized Signatory
Signature date: 23 Apr 2026

CIK 0002124368

Nexus Partners IV, LLC

Relationship: 10%+ Owner
Address: 11111 SANTA MONICA BOULEVARD, SUITE 350, LOS ANGELES
Signature: /s/ Michael Cohen - Nexus Special Situations III GP, L.P., Authorized Signatory
Signature date: 23 Apr 2026

CIK 0002127212

Nexus Special Situations GP IV, LP

Relationship: 10%+ Owner
Address: 11111 SANTA MONICA BOULEVARD, SUITE 350, LOS ANGELES
Signature: /s/ Michael Cohen - Nexus Special Situations IV GP, L.P., Authorized Signatory
Signature date: 23 Apr 2026

CIK 0001372171

Cohen Michael S

Relationship: Director, 10%+ Owner
Address: 10250 CONSTELLATION BLVD, SUITE 2900, LOS ANGELES
Signature: /s/ Michael Cohen - Nexus Partners III, LLC, Authorized Signatory
Signature date: 23 Apr 2026

CIK 0001600232

Flesh Daniel E.

Relationship: 10%+ Owner
Address: 2000 AVENUE OF THE STARS, SUITE 510 NORTH, LOS ANGELES
Signature: /s/ Michael Cohen - Nexus Partners IV, LLC, Authorized Signatory
Signature date: 23 Apr 2026

CIK 0002093303

Giangiacomo Damian

Relationship: 10%+ Owner
Address: 11111 SANTA MONICA BOULEVARD, SUITE 350, LOS ANGELES
Signature: /s/ Michael Cohen
Signature date: 23 Apr 2026

CIK 0002093669

Nexus Partners III, LLC

Relationship: 10%+ Owner
Address: 11111 SANTA MONICA BOULEVARD, SUITE 350, LOS ANGELES
Signature: /s/ Daniel Flesh
Signature date: 23 Apr 2026

CIK 0002092583

Nexus Special Situations GP III, LP

Relationship: 10%+ Owner
Address: 11111 SANTA MONICA BOULEVARD, SUITE 350, LOS ANGELES
Signature: /s/ Damian Giangiacomo
Signature date: 23 Apr 2026

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +24,000
Change %: +120%
Price: $1000.00^*
Shares after: 44,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIII Investment, LLC
Underlying class: Common Stock
Underlying amount: 12,324,930
Exercise price: $3.57
Footnotes: F1, F2, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +24,000
Change %: +120%
Price: $1000.00^*
Shares after: 44,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIII Investment, LLC
Underlying class: Common Stock
Underlying amount: 12,324,930
Exercise price: $3.57
Footnotes: F1, F2, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +24,000
Change %: +120%
Price: $1000.00^*
Shares after: 44,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIII Investment, LLC
Underlying class: Common Stock
Underlying amount: 12,324,930
Exercise price: $3.57
Footnotes: F1, F2, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +24,000
Change %: +120%
Price: $1000.00^*
Shares after: 44,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIII Investment, LLC
Underlying class: Common Stock
Underlying amount: 12,324,930
Exercise price: $3.57
Footnotes: F1, F2, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +24,000
Change %: +120%
Price: $1000.00^*
Shares after: 44,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIII Investment, LLC
Underlying class: Common Stock
Underlying amount: 12,324,930
Exercise price: $3.57
Footnotes: F1, F2, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +24,000
Change %: +120%
Price: $1000.00^*
Shares after: 44,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIII Investment, LLC
Underlying class: Common Stock
Underlying amount: 12,324,930
Exercise price: $3.57
Footnotes: F1, F2, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +24,000
Change %: +120%
Price: $1000.00^*
Shares after: 44,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIII Investment, LLC
Underlying class: Common Stock
Underlying amount: 12,324,930
Exercise price: $3.57
Footnotes: F1, F2, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +24,000
Change %: +120%
Price: $1000.00^*
Shares after: 44,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIII Investment, LLC
Underlying class: Common Stock
Underlying amount: 12,324,930
Exercise price: $3.57
Footnotes: F1, F2, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +24,000
Change %: +120%
Price: $1000.00^*
Shares after: 44,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIII Investment, LLC
Underlying class: Common Stock
Underlying amount: 12,324,930
Exercise price: $3.57
Footnotes: F1, F2, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +24,000
Change %: +120%
Price: $1000.00^*
Shares after: 44,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIII Investment, LLC
Underlying class: Common Stock
Underlying amount: 12,324,930
Exercise price: $3.57
Footnotes: F1, F2, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +36,000
Change %: +120%
Price: $1000.00^*
Shares after: 66,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIV Investment, LLC
Underlying class: Common Stock
Underlying amount: 18,487,395
Exercise price: $3.57
Footnotes: F1, F3, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +36,000
Change %: +120%
Price: $1000.00^*
Shares after: 66,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIV Investment, LLC
Underlying class: Common Stock
Underlying amount: 18,487,395
Exercise price: $3.57
Footnotes: F1, F3, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +36,000
Change %: +120%
Price: $1000.00^*
Shares after: 66,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIV Investment, LLC
Underlying class: Common Stock
Underlying amount: 18,487,395
Exercise price: $3.57
Footnotes: F1, F3, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +36,000
Change %: +120%
Price: $1000.00^*
Shares after: 66,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIV Investment, LLC
Underlying class: Common Stock
Underlying amount: 18,487,395
Exercise price: $3.57
Footnotes: F1, F3, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +36,000
Change %: +120%
Price: $1000.00^*
Shares after: 66,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIV Investment, LLC
Underlying class: Common Stock
Underlying amount: 18,487,395
Exercise price: $3.57
Footnotes: F1, F3, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +36,000
Change %: +120%
Price: $1000.00^*
Shares after: 66,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIV Investment, LLC
Underlying class: Common Stock
Underlying amount: 18,487,395
Exercise price: $3.57
Footnotes: F1, F3, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +36,000
Change %: +120%
Price: $1000.00^*
Shares after: 66,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIV Investment, LLC
Underlying class: Common Stock
Underlying amount: 18,487,395
Exercise price: $3.57
Footnotes: F1, F3, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +36,000
Change %: +120%
Price: $1000.00^*
Shares after: 66,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIV Investment, LLC
Underlying class: Common Stock
Underlying amount: 18,487,395
Exercise price: $3.57
Footnotes: F1, F3, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +36,000
Change %: +120%
Price: $1000.00^*
Shares after: 66,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIV Investment, LLC
Underlying class: Common Stock
Underlying amount: 18,487,395
Exercise price: $3.57
Footnotes: F1, F3, F4

LSF transaction Derivative

Series A Conv. Preferred Stock

Purchase

Transaction value
Shares: +36,000
Change %: +120%
Price: $1000.00^*
Shares after: 66,000
Date: 21 Apr 2026
Ownership: By Gateway Superfood NSSIV Investment, LLC
Underlying class: Common Stock
Underlying amount: 18,487,395
Exercise price: $3.57
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

The Series A Convertible Preferred Stock has no fixed expiration date and is a perpetual security. Each holder has the right to require redemption at the Corporation Repurchase Price on or after the seventh anniversary of the Issue Date (March 12, 2033) pursuant to Section 7.2 of the Certificate of Designation. The Corporation may elect a mandatory conversion no earlier than September 12, 2028 (30 months post-Issue Date) subject to satisfaction of certain price, volume and EBITDA conditions pursuant to Section 8.2 of the Certificate of Designation. See Certificate of Designation of Series A Convertible Preferred Stock, filed as Exhibit 3.1 to Laird Superfood, Inc.'s Form 8-K filed March 12, 2026 (SEC File No. 001-39155).

Footnote F2

On April 21, 2026, Gateway Superfood NSSIII Investment LLC ("NSSIII") acquired 24,000 additional shares of Laird Superfood, Inc. Series A Convertible Preferred Stock at $1,000 per share. Post-transaction, NSSIII holds 44,000 preferred shares (approx. 12,324,930 underlying common shares). NSSIII is owned by Nexus Special Situations III, L.P. ("Nexus SS III"). Nexus Special Situations GP III, L.P. ("Nexus SS GP III") is the general partner of Nexus SS III. Nexus Partners III, LLC ("Nexus Partners III") is the general partner of Nexus SS GP III. Nexus Capital Management LP ("Nexus Capital Management") is the investment manager of, and may be deemed an indirect beneficial owner of all securities held by, NSSIII. Damian Giangiacomo, Michael Cohen and Daniel Flesh are the owners of Nexus Capital Management and Nexus Partners. Mr. Cohen serves on the board of directors of the Issuer.

Footnote F3

On April 21, 2026, Gateway Superfood NSSIII Investment LLC ("NSSIV") acquired 36,000 additional shares of Laird Superfood, Inc. Series A Convertible Preferred Stock at $1,000 per share. Post-transaction, NSSIV holds 66,000 preferred shares (approx. 18,487,395 underlying common shares). NSSIV is owned by Nexus Special Situations IV, L.P. ("Nexus SS IV"). Nexus Special Situations GP IV, L.P. ("Nexus SS GP IV") is the general partner of Nexus SS IV. Nexus Partners IV, LLC ("Nexus Partners IV") is the general partner of Nexus SS GP IV. Nexus Capital Management LP ("Nexus Capital Management") is the investment manager of, and may be deemed an indirect beneficial owner of all securities held by, NSSIV. Damian Giangiacomo, Michael Cohen and Daniel Flesh are the owners of Nexus Capital Management and Nexus Partners. Mr. Cohen serves on the board of directors of the Issuer.

Footnote F4

Each of Nexus Capital Management, Nexus SS III, Nexus SS GP III, Nexus Partners III, Nexus SS IV, Nexus SS GP IV, Nexus Partners IV, Mr. Giangiacomo, Mr. Cohen, and Mr. Flesh disclaim, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of its/his indirect pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.