Filing Details

Accession Number:
0001683168-25-003875
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-05-20 15:12:39
Reporting Period:
2025-05-19
Filing Date:
2025-05-20
Accepted Time:
2025-05-20 15:12:39
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
814586 Lifeway Foods Inc. LWAY Dairy Products (2020) 363442829
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1227846 Julie Smolyansky C/O Lifeway Foods, Inc.
6431 Oakton Street
Morton Grove IL 60053
Ceo, President And Secretary Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, No Par Value Disposition 2025-05-19 50,000 $22.07 2,132,483 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, No Par Value 22,216 Indirect See footnote
Common Stock, No Par Value 5,122 Indirect See footnote
Common Stock, No Par Value 500,000 Indirect See footnote
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 12,138 12,138 Direct
Common Stock Restricted Stock Units $0.00 24,224 24,224 Direct
Common Stock Restricted Stock Units $0.00 13,334 13,334 Direct
Common Stock Restricted Stock Units $0.00 10,191 10,191 Direct
Common Stock Restricted Stock Units $0.00 970 970 Indirect
Common Stock Restricted Stock Units $0.00 1,019 1,019 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
12,138 12,138 Direct
24,224 24,224 Direct
13,334 13,334 Direct
10,191 10,191 Direct
970 970 Indirect
1,019 1,019 Indirect
Footnotes
  1. The shares were sold by Reporting Person to cover a portion of taxes on compensatory equity issued to the Reporting Person and previously reported.
  2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.9174 to $22.2747 per share, inclusive. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. Held for the benefit of minor children.
  4. Held by the Reporting Person's spouse.
  5. Held by Smolyansky Holding LLC of which the reporting person is the beneficial owner of 50%. The reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
  6. Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 6,070 will vest on January 10, 2026 and 6,068 will vest on January 10, 2027, contingent on the Reporting Person's continued service on each applicable vesting date.
  7. Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 12,113 will vest on June 16, 2025 and 12,111 will vest on June 16, 2026, contingent on the Reporting Person's continued service on each applicable vesting date.
  8. Each restricted stock unit has a value equal to one share of common stock. The remaining restricted stock units will vest on August 31, 2025, contingent on the Reporting Person's continued service on the vesting date.
  9. Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 3,397 will vest on March 28, 2026, 3,397 will vest on March 28, 2027, and 3,397 will vest on March 28, 2028, contingent on the Reporting Person's continued service on each applicable vesting date.
  10. Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 486 will vest on January 10, 2026 and 484 will vest on January 10, 2027, contingent on the Reporting Person's spouse's continued service on each applicable vesting date.
  11. Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 340 will vest on March 28, 2026, 340 will vest on March 28, 2027, and 339 will vest on March 28, 2028, contingent on the Reporting Person's spouse's continued service on each applicable vesting date.