SMOLYANSKY JULIE bought LWAY
March 6, 2026 · Form 4 insider transaction
SMOLYANSKY JULIE bought 108,426 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 4 days after the transaction.
Footnotes
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. The PSUs are to be settled no later than March 15, 2027 in cash, unless prior to settlement the Issuer receives consent of Danone North America PBC ("Danone") to issue common stock to the Reporting Person or such consent is no longer required pursuant to the Cooperation Agreement, dated September 30, 2025, between the Issuer and Danone, in which case, the Compensation Committee may determine, in its sole discretion, to settle the PSUs instead with common stock or a combination of common stock and cash.