Form 4: Jennifer Garner's Once Upon a Farm IPO Stock Conversion

Jennifer Garner's preferred stock in Once Upon a Farm, PBC automatically converted to common stock upon the company's initial public offering on February 9, 2026.

Summary

• Jennifer Anne Garner, a Director of Once Upon a Farm, PBC (OFRM), reported changes in her beneficial ownership of the company's securities.
• On February 9, 2026, various series of preferred stock (Series A-1, B-1, B-2, C-1, D) automatically converted into common stock for no additional consideration.
• This conversion occurred as of the closing of Once Upon a Farm, PBC's initial public offering (IPO).
• Following the transactions, Jennifer Garner directly beneficially owns 1,788,861 shares of Common Stock.
• The Jennifer Garner Trust indirectly beneficially owns 146,683 shares of Common Stock.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a positive, routine disclosure associated with a successful IPO, reflecting a planned transition of ownership structure for a key insider.

Positives

• The automatic conversion of preferred stock to common stock indicates a successful initial public offering (IPO) for Once Upon a Farm, PBC.
• Jennifer Garner's continued significant direct and indirect beneficial ownership (1,788,861 and 146,683 shares respectively) demonstrates her ongoing stake in the company's success.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that the successful completion of an IPO for a consumer packaged goods company like Once Upon a Farm, PBC, particularly one focused on organic and healthy food products, reflects continued investor appetite for brands aligned with wellness and sustainability trends. The conversion of preferred stock to common stock is a standard procedure during an IPO, indicating a transition from private to public ownership structure.

Stakeholder Impact

• Shareholders: The IPO and subsequent conversion of preferred stock to common stock increases the float of common shares, potentially impacting liquidity and trading dynamics.
• Investors: Provides transparency regarding a director's beneficial ownership post-IPO.

Key Dates

Keywords

Once Upon a Farm, OFRM, Jennifer Garner, SEC Form 4, IPO, Stock Conversion, Beneficial Ownership, Director, Preferred Stock, Common Stock