Form 4: Laird Superfood Director Grant LaMontagne Acquires 8,716 Shares Through RSU Grant

Laird Superfood, Inc. Director Grant J. LaMontagne has acquired 8,716 shares of common stock through a restricted stock unit grant, increasing his beneficial ownership to 84,508 shares.

Summary

• Grant J. LaMontagne, a Director of Laird Superfood, Inc. (LSF), acquired 8,716 shares of common stock.
• The acquisition occurred on June 26, 2025, at a price of $6.31 per share.
• These shares represent Restricted Stock Units (RSUs) granted by Laird Superfood, Inc. pursuant to its 2020 Omnibus Incentive Plan, as amended.
• The RSUs are scheduled to vest in full on June 26, 2026, provided that Mr. LaMontagne continues to provide certain services to the Issuer through that date.
• Following this transaction, Mr. LaMontagne beneficially owns a total of 84,508 shares of Laird Superfood common stock directly.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even through an RSU grant, generally indicates continued alignment of interests with the company's performance and retention of key personnel, which is a positive signal.

Positives

• Director Grant J. LaMontagne increased his beneficial ownership in Laird Superfood, Inc. by 8,716 shares, further aligning his interests with those of the shareholders.
• The grant of Restricted Stock Units (RSUs) serves as an incentive for the director to remain with the company, as vesting is conditional on continued service, indicating a commitment to retaining key personnel.

Risks

• The vesting of the 8,716 Restricted Stock Units (RSUs) is contingent upon Director Grant J. LaMontagne continuing to provide services to Laird Superfood, Inc. through June 26, 2026; failure to meet this condition would result in forfeiture of the unvested units.

Future Outlook

The future outlook indicates that Director Grant J. LaMontagne is expected to continue providing services to Laird Superfood, Inc. until at least June 26, 2026, for the granted Restricted Stock Units to fully vest.

Industry Context

This Form 4 filing details an individual insider transaction (an RSU grant to a director) and does not provide broader industry context or trends beyond the specific company's compensation practices.

Related Party Transactions

• The grant of 8,716 Restricted Stock Units (RSUs) to Director Grant J. LaMontagne by Laird Superfood, Inc. constitutes a related party transaction as it involves compensation to a company insider.

Stakeholder Impact

• Shareholders: The increased equity ownership by a director aligns their financial interests more closely with those of the shareholders, potentially fostering decisions that enhance shareholder value.
• Employees: The RSU grant, as part of an incentive plan, signals the company's commitment to performance-based compensation and retention of key personnel, which can positively impact employee morale and stability.

Next Steps

• The 8,716 Restricted Stock Units (RSUs) are scheduled to vest in full on June 26, 2026, provided the reporting person continues to provide services to the Issuer through that date.

Key Dates

Keywords

Laird Superfood, LSF, SEC Form 4, insider transaction, restricted stock units, RSU, equity compensation, director, beneficial ownership, corporate governance