Laird Superfood director awarded 110,000 stock options

Laird Superfood, Inc. director Gregory B. Graves received grants of stock options covering an aggregate of 110,000 shares of common stock on July 9, 2026.

Rhea-AI Filing Summary

Laird Superfood, Inc. director Gregory B. Graves received grants of stock options covering an aggregate of 110,000 shares of common stock on July 9, 2026. The options have exercise prices of $9.00, $6.00, and $4.36 per share, expire on July 9, 2036, and vest 25% on each of the first four anniversaries of the grant date.

Filing Explained

A director received three options on July 9, but the filing records awards—not exercised or issued common shares—so holder impact is conditional.

The July 13, 2026 Form 4 reports a director’s award of options on July 9, 2026, changing the filer’s reported derivative holdings; because the options vest over time and are rights to buy common stock, any common-share effect remains conditional, and no exercise or share issuance is reported.

The three awards cover 60,000, 25,000, and 25,000 underlying common shares, with exercise prices of $4.36, $6, and $9; each option expires on July 9, 2036.

Form 4 reports an insider transaction, and code A identifies a grant or award; the filing uses code A for all three derivative entries rather than code M, which identifies an option or derivative exercise.

The filing states that 25% of each award vests on each of the first four anniversaries of the grant date, so those vesting milestones and the July 9, 2036 expiration date are the relevant follow-up points.

Insider Trade Summary

Grant/Award: 110,000 shares

Grant/Award 3 txns

Insider GRAVES GREGORY B

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Option (right to buy) F1	60,000	$0.00	$0.00
Grant/Award	Option (right to buy) F1	25,000	$0.00	$0.00
Grant/Award	Option (right to buy) F1	25,000	$0.00	$0.00

Holdings After Transaction: Option (right to buy) — 110,000 contracts (Direct)

Footnotes (1)

1. F1. The stock options vest as to 25% of the shares on each of the first four anniversaries of the grant date.

Key Figures

Options granted at $9.00: 25,000 options Options granted at $6.00: 25,000 options Options granted at $4.36: 60,000 options +1 more

4 metrics

Options granted at $9.00 25,000 options Stock options granted to director on 2026-07-09 with $9.00 exercise price, expiring 2036-07-09

Options granted at $6.00 25,000 options Stock options granted to director on 2026-07-09 with $6.00 exercise price, expiring 2036-07-09

Options granted at $4.36 60,000 options Stock options granted to director on 2026-07-09 with $4.36 exercise price, expiring 2036-07-09

Aggregate options granted 110,000 options Total stock options awarded to Gregory B. Graves on 2026-07-09 across three exercise prices

Key Terms

Option (right to buy), underlying security title, derivative, vest

4 terms

Option (right to buy) financial

"security_title: Option (right to buy)"

underlying security title financial

"underlying_security_title: Laird Superfood, Inc. Common Stock"

derivative financial

"transaction_type: derivative"

A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.

vest financial

"The stock options vest as to 25% of the shares"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

What insider transaction did Laird Superfood (LSF) report for Gregory B. Graves?

Laird Superfood reported that director Gregory B. Graves received grants of stock options covering 110,000 shares of common stock on July 9, 2026. These awards are derivative securities giving him the right to buy Laird Superfood common stock at preset exercise prices.

How many stock options were granted to Gregory B. Graves at Laird Superfood (LSF)?

Gregory B. Graves was granted stock options covering an aggregate of 110,000 shares of Laird Superfood common stock. The awards consist of 25,000 options at $9.00, 25,000 options at $6.00, and 60,000 options at $4.36, all issued on July 9, 2026.

What are the exercise prices of Gregory B. Graves' Laird Superfood (LSF) options?

The granted options to Gregory B. Graves have exercise prices of $9.00, $6.00, and $4.36 per share. Each option series covers the right to buy Laird Superfood common stock at its respective price until its stated expiration in 2036.

When do Gregory B. Graves' Laird Superfood (LSF) stock options expire?

All three option grants to Gregory B. Graves are scheduled to expire on July 9, 2036. After that date, any unexercised portion of the options will no longer be exercisable, so the effective life of each grant is 10 years from the grant date.

What is the vesting schedule for Gregory B. Graves' Laird Superfood (LSF) options?

The stock options granted to Gregory B. Graves vest as to 25% of the shares on each of the first four anniversaries of the grant date. This means the awards become exercisable in four equal annual installments over a four-year period.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/13/2026 - 07:54 PM Accepted by SEC EDGAR 07/13/2026 - 07:54 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GRAVES GREGORY B

(Last) (First) (Middle)

5303 SPINE ROAD

SUITE 204

(Street)

BOULDER COLORADO 80301

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Laird Superfood, Inc. [ LSF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option (right to buy)	$4.36	07/09/2026		A		60,000		(1)	07/09/2036	Laird Superfood, Inc. Common Stock	60,000	$0	60,000	D
Option (right to buy)	$6	07/09/2026		A		25,000		(1)	07/09/2036	Laird Superfood, Inc. Common Stock	25,000	$0	25,000	D
Option (right to buy)	$9	07/09/2026		A		25,000		(1)	07/09/2036	Laird Superfood, Inc. Common Stock	25,000	$0	25,000	D

Explanation of Responses:

1. The stock options vest as to 25% of the shares on each of the first four anniversaries of the grant date.

	/s/ Anya Hamill as attorney-in-fact	07/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)