January 10, 2026 · Form 4 insider transaction
SCHER JASON SCOTT bought 3,151 shares of Lifeway Foods Inc, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Each share of phantom stock represents a right to receive one share of common stock. The phantom stock becomes payable on the date that the Reporting Person no longer serves as a director of the Company.; In connection with settlement of the Settled RSUs on January 10, 2026, the Reporting Person's receipt of the common stock underlying the Settled RSUs was deferred in accordance with the Company's 2022 Non-Employee Director Equity and Deferred Compensation Plan, resulting in the Reporting Person's receipt instead of 3,151 shares of phantom stock. The Reporting Person is therefore reporting the conversion of 3,151 RSUs into an equal number of shares of phantom stock.