Form 4: Lifeway Foods Director Juan Carlos Dalto Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Director Juan Carlos Dalto reports acquisition of 461 shares of phantom stock in Lifeway Foods, Inc. due to deferred compensation.
Summary
- On April 2, 2025, Juan Carlos Dalto, a director of Lifeway Foods, Inc., filed a Form 4 disclosing a transaction.
- The transaction involved the acquisition of 461 shares of phantom stock on March 31, 2025, due to deferred cash compensation for board service.
- Dalto also beneficially owns 4,751 shares of common stock directly.
- Additionally, Dalto holds restricted stock units representing 1,600, 3,101, and 4,066 shares of common stock, vesting at various dates contingent on continued service as a director.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider transactions, which has a neutral sentiment.
Positives
- The acquisition of phantom stock reflects Dalto's continued service and commitment to Lifeway Foods.
Future Outlook
The vesting of restricted stock units is contingent on the Reporting Person's continued service as a Director.
Industry Context
This filing is a routine disclosure related to insider transactions and is typical for publicly traded companies.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of phantom stock acquisition |
| 04/02/2025 | Date of Form 4 filing |
| 08/31/2025 | Vesting date for some restricted stock units (1,600 and 1,551 shares) |
| 07/01/2025 | Vesting date for some restricted stock units (1,356 shares) |
| 08/31/2026 | Vesting date for some restricted stock units (1,550 shares) |
| 07/01/2026 | Vesting date for some restricted stock units (1,356 shares) |
| 07/01/2027 | Vesting date for some restricted stock units (1,354 shares) |
Keywords
Form 4, Lifeway Foods, Director, Phantom Stock, Juan Carlos Dalto, Deferred Compensation, Stock Units, LWAY
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