Form 4: Sow Good Inc. Executive Chairman Ira Goldfarb Reports Changes in Beneficial Ownership

Ira Goldfarb, Executive Chairman of Sow Good Inc., reports changes in beneficial ownership, including acquisitions of common stock and convertible promissory notes, through various trusts and LLCs.

Summary

• Ira Goldfarb, the Executive Chairman of Sow Good Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• The report indicates transactions involving common stock and senior convertible promissory notes.
• Goldfarb's holdings are primarily indirect, held through trusts such as the Ira Goldfarb Irrevocable Trust and entities like IG Union Bower, LLC and S-FDF, LLC.
• He also owns shares jointly with his spouse, Claudia Goldfarb.
• On April 28, 2025, Goldfarb acquired a Senior Convertible Promissory Note worth $2,454,632, convertible into common stock at a price based on the average closing price prior to the agreement.
• He also acquired 386,980 shares jointly with his spouse pursuant to an Exchange Agreement dated April 28, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing, so the sentiment is neutral. It simply reports transactions and holdings.

Industry Context

This filing is a routine disclosure required by the SEC for significant shareholders and company insiders, providing transparency to the market regarding their holdings and transactions in the company's securities.

Stakeholder Impact

• Shareholders are informed about changes in the beneficial ownership of a key executive.
• The filing provides transparency regarding the holdings of Ira Goldfarb and related entities.

Key Dates

Keywords

beneficial ownership, Form 4, Sow Good Inc., Ira Goldfarb, convertible promissory note, common stock, securities, trusts, LLCs