Form 4: Lifeway Foods Executive VP Amy M. Feldman Reports Tax Withholding Transaction

Amy M. Feldman, Senior Executive VP of Sales at Lifeway Foods, Inc., reports the surrender of 1,752 common stock shares to cover tax withholding obligations on April 20, 2024.

Summary

• On April 20, 2024, Amy M. Feldman, the Senior Executive VP of Sales at Lifeway Foods, Inc., surrendered 1,752 shares of common stock to the issuer to cover tax withholding obligations.
• The price per share for the transaction was $19.4.
• Following the transaction, Feldman directly owns 29,833 shares of Lifeway Foods, Inc.
• Feldman also holds multiple tranches of Restricted Stock Units (RSUs) that will vest over the next several years, contingent on continued service.

Sentiment

Score: 5

Explanation: This is a neutral report of a routine transaction (tax withholding) and does not inherently indicate positive or negative sentiment.

Future Outlook

The document outlines future vesting dates for restricted stock units, contingent on the Reporting Person's continued service.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Comparison to Industry Standards

• Form 4 filings are standard practice across all publicly traded companies in the US, ensuring transparency of insider transactions.
• Companies like Danone, Nestle, and Unilever, which are major players in the global food and beverage industry, also have similar reporting requirements for their executives' stock transactions.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related stock surrender.
• It provides transparency to shareholders regarding executive stock ownership.

Key Dates