LWAY.NASDAQLifeway Foods, INC

Form 4: Lifeway Foods CFO Eric Hanson Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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CFO of Lifeway Foods, Eric Hanson, reports acquisition and disposal of common stock and restricted stock units related to tax obligations and vesting.

Summary

  • On June 16, 2024, Eric Hanson, CFO of Lifeway Foods, acquired 2,390 shares of common stock at $0.00 and disposed of 897 shares at $12.19 to cover tax withholding obligations.
  • Following these transactions, Hanson directly owns 31,092 shares of Lifeway Foods common stock.
  • Hanson also holds multiple tranches of restricted stock units (RSUs) that will vest on various dates in the future, contingent on continued service.
  • Specifically, 3,787 RSUs are scheduled to vest in three tranches on January 10, 2025, January 10, 2026 and January 10, 2027.
  • An additional 2,390 RSUs will vest on June 16, 2025 and June 16, 2026.
  • Finally, 4,977 RSUs are scheduled to vest on August 31, 2024 and August 31, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.

Key Dates

DateDescription
06/16/2024Date of stock acquisition and disposal.
01/10/2025Vesting date for 1,263 restricted stock units.
06/16/2025Vesting date for 2,390 restricted stock units.
08/31/2024Vesting date for 2,489 restricted stock units.
08/31/2025Vesting date for 2,488 restricted stock units.
01/10/2026Vesting date for 1,263 restricted stock units.
06/16/2026Vesting date for 2,390 restricted stock units.
01/10/2027Vesting date for 1,261 restricted stock units.
06/18/2024Date of signature for the Form 4 filing.

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