Form 4: Ludmila Smolyansky Sells Lifeway Foods Shares
SEC Form 4 Filing
Ludmila Smolyansky, a member of a 10% owner group of Lifeway Foods, Inc., sold a portion of her holdings in two transactions on March 26 and 27, 2024.
Summary
- Ludmila Smolyansky, reported the sale of Lifeway Foods, Inc. shares on March 26 and 27, 2024.
- On March 26, 2024, 13,000 shares were sold at a weighted average price of $18.71.
- On March 27, 2024, an additional 7,000 shares were sold at a weighted average price of $19.04.
- Following these transactions, Ludmila Smolyansky directly owns 1,327,534 shares of Lifeway Foods, Inc.
- She also indirectly owns 27,343 shares through The Smolyansky Family Foundation.
Sentiment
Score: 4
Explanation: The sentiment is neutral to slightly negative as it reflects an insider selling shares, which could be interpreted as a lack of confidence, but could also be for personal financial reasons.
Stakeholder Impact
- The sale of shares by a significant shareholder could potentially create short-term uncertainty among other shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/01/2005 | Date of Ludmila Smolyansky Trust |
| 03/26/2024 | Sale of 13,000 shares of LWAY at a weighted average price of $18.71 |
| 03/27/2024 | Sale of 7,000 shares of LWAY at a weighted average price of $19.04 |
| 03/28/2024 | Date of signature on the Form 4 filing |
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