Laird Superfood (LSF) director awarded 110K long-term options

Rhea-AI Filing Summary

Laird Superfood, Inc. (LSF) reported that director Matthew Spanjers received three stock option grants on August 13, 2026. These options cover a total of 110,000 shares of Laird Superfood common stock, with exercise prices of $4.36, $6.00, and $9.00 per share and an expiration date of August 13, 2036. According to the footnote, each grant vests as to 25% of the shares on each of the first four anniversaries of the grant date.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Spanjers Matthew

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 shares (Direct)

Footnotes (1)

1. F1. These 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 $4.36: 60,000 shares Options granted at $6.00: 25,000 shares Options granted at $9.00: 25,000 shares +3 more

6 metrics

Options granted at $4.36 60,000 shares Option (right to buy) grant on August 13, 2026 with $4.3600 exercise price

Options granted at $6.00 25,000 shares Option (right to buy) grant on August 13, 2026 with $6.0000 exercise price

Options granted at $9.00 25,000 shares Option (right to buy) grant on August 13, 2026 with $9.0000 exercise price

Total underlying shares 110,000 shares Aggregate underlying Laird Superfood, Inc. common stock for the three option grants

Vesting rate per year 25% Options vest as to 25% of the shares on each of the first four anniversaries

Option expiration date August 13, 2036 Expiration date for all reported stock option grants to Matthew Spanjers

Key Terms

Option (right to buy), conversion or exercise price, Grant, award, or other acquisition, expiration date

4 terms

Option (right to buy) financial

"security_title is reported as Option (right to buy) for each grant"

conversion or exercise price financial

"Each option entry includes a conversion_or_exercise_price field"

Grant, award, or other acquisition financial

"transaction_code_description is Grant, award, or other acquisition"

expiration date financial

"Each option grant lists an expiration_date of 2036-08-13"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

FAQ

What stock options were granted to Matthew Spanjers in Laird Superfood (LSF)'s latest Form 4?

Laird Superfood reported that director Matthew Spanjers received three stock option awards covering a total of 110,000 shares of common stock on August 13, 2026, with exercise prices of $4.36, $6.00, and $9.00 per share, expiring on August 13, 2036.

What are the exercise prices of the new LSF options granted to Matthew Spanjers?

The granted options have exercise prices of $4.36 per share for 60,000 shares, $6.00 per share for 25,000 shares, and $9.00 per share for 25,000 shares, all for Laird Superfood common stock.

How do the LSF options granted to Matthew Spanjers vest?

The company states that these stock options vest as to 25% of the shares on each of the first four anniversaries of the August 13, 2026 grant date, resulting in full vesting over four years, subject to the terms of the grants.

When do Matthew Spanjers' newly granted LSF stock options expire?

All three stock option grants to Matthew Spanjers reported by Laird Superfood have an expiration date of August 13, 2036, giving a 10-year term from the grant date of August 13, 2026.

Were the new LSF option grants to Matthew Spanjers made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and there is no footnote stating that these option grants were made pursuant to a Rule 10b5-1 trading plan.

Is Matthew Spanjers an officer or director of Laird Superfood (LSF) according to this filing?

According to the Form 4, Matthew Spanjers is reported as a director of Laird Superfood, Inc. and is not indicated as an officer or ten percent owner in this filing.

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Available on EDGAR 08/27/2026 - 05:20 PM Accepted by SEC EDGAR 08/27/2026 - 05:19 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^*

Spanjers Matthew

(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)
08/13/2026

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	08/13/2026		A		60,000		(1)	08/13/2036	Laird Superfood, Inc. Common Stock	60,000	$0	60,000	D
Option (right to buy)	$6	08/13/2026		A		25,000		(1)	08/13/2036	Laird Superfood, Inc. Common Stock	25,000	$0	25,000	D
Option (right to buy)	$9	08/13/2026		A		25,000		(1)	08/13/2036	Laird Superfood, Inc. Common Stock	25,000	$0	25,000	D

Explanation of Responses:

1. These 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	08/27/2026
	** 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)