Laird Superfood CMO granted 600,000 stock options

Laird Superfood, Inc. Chief Marketing Officer Andrew Judd received option grants for a total of 600,000 shares on July 9, 2026.

Rhea-AI Filing Summary

Laird Superfood, Inc. Chief Marketing Officer Andrew Judd received option grants for a total of 600,000 shares on July 9, 2026. The options have exercise prices of $9.00, $6.00, and $4.36 per share and expire on July 9, 2036. A stock option grant vests 25% on April 21, 2027 and on each of the first three anniversaries thereafter.

Filing Explained

The July 13 Form 4 records a vesting option grant, not a completed share issuance, immediately changing the filer's derivative holdings.

Form 4 reports an insider transaction, and the July 13 filing reports option awards dated July 9, 2026. The filing changes the reporting person's derivative holdings by adding rights to buy Laird Superfood common stock, but does not report shares being issued or sold.

Transaction code A means a grant or award. The grant covers options for $4.36, $6, and $9 exercise prices, tied respectively to 450,000, 100,000, and 50,000 underlying shares. The filing states that 25% of the shares vest on April 21, 2027, with the remaining portions vesting on each of the next three anniversaries.

The filing lists the reporting person as directly holding 450,000, 100,000, and 50,000 options after the reported awards. These are rights to buy underlying common stock, so the reported event is an option grant rather than a completed purchase of common shares.

The named vesting milestone is April 21, 2027; the options' stated expiration date is July 9, 2036.

Insider Trade Summary

Grant/Award: 600,000 shares

Grant/Award 3 txns

Insider Judd Andrew

Role Chief Marketing Officer

Type	Security	Shares	Price	Value
Grant/Award	Option (right to buy) F1	450,000	$0.00	$0.00
Grant/Award	Option (right to buy) F1	100,000	$0.00	$0.00
Grant/Award	Option (right to buy) F1	50,000	$0.00	$0.00

Holdings After Transaction: Option (right to buy) — 600,000 contracts (Direct)

Footnotes (1)

1. F1. This stock option vests as to 25% of the shares on April 21, 2027, and each of the first three anniversaries thereafter.

Key Figures

Options granted: 600,000 shares Exercise price: $9.00 per share Exercise price: $6.00 per share +3 more

6 metrics

Options granted 600,000 shares Total options awarded to Andrew Judd on July 9, 2026

Exercise price $9.00 per share Exercise price for 50,000-share option grant

Exercise price $6.00 per share Exercise price for 100,000-share option grant

Exercise price $4.36 per share Exercise price for 450,000-share option grant

Expiration date July 9, 2036 Expiration date for each option grant

Vesting start April 21, 2027 25% vests on this date, then on each of the first three anniversaries

Key Terms

Option (right to buy), derivative, conversion or exercise price, vesting

4 terms

Option (right to buy) financial

"Security title listed as "Option (right to buy)" for each grant"

derivative financial

"Transaction type is classified as "derivative" for the option awards"

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.

conversion or exercise price financial

"Field "conversion or exercise price" shows $9.0000, $6.0000, $4.3600"

vesting financial

"Footnote states the stock option vests 25% on April 21, 2027 and annually"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

What did Laird Superfood (LSF) disclose about options granted to Andrew Judd?

Andrew Judd, Chief Marketing Officer of Laird Superfood, received option grants for 600,000 shares on July 9, 2026. These options carry exercise prices of $9.00, $6.00, and $4.36 per share and all expire on July 9, 2036.

What are the exercise prices and sizes of Andrew Judd’s new LSF option grants?

Andrew Judd was granted 50,000 options at $9.00, 100,000 options at $6.00, and 450,000 options at $4.36 per share. Each grant relates to Laird Superfood equity and is structured as an option (right to buy).

When do Andrew Judd’s Laird Superfood (LSF) options expire?

All three option grants to Andrew Judd expire on July 9, 2036. This common expiration date applies to the 50,000-share, 100,000-share, and 450,000-share option awards reported for Laird Superfood’s Chief Marketing Officer.

How do the vesting terms work for Andrew Judd’s LSF stock options?

A reported stock option grant vests 25% of the shares on April 21, 2027, with an additional 25% vesting on each of the first three anniversaries. This creates a four-year vesting schedule tied to continued service with Laird Superfood.

Are Andrew Judd’s Laird Superfood (LSF) option grants open-market purchases or compensation awards?

The transactions are coded as “A”, described as a grant, award, or other acquisition, indicating compensation-related option awards rather than open-market purchases. All are classified as derivative securities, specifically options with rights to buy Laird Superfood shares.

How many options does Andrew Judd hold from these new LSF grants?

Following the grants, Andrew Judd holds 50,000, 100,000, and 450,000 options in the three respective awards. Each amount reflects the total shares underlying that specific grant as reported, all held directly by him.

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

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Available on EDGAR 07/13/2026 - 07:37 PM Accepted by SEC EDGAR 07/13/2026 - 07:37 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^*

Judd Andrew

(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)

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

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		450,000		(1)	07/09/2036	Laird Superfood, Inc. Common Stock	450,000	$0	450,000	D
Option (right to buy)	$6	07/09/2026		A		100,000		(1)	07/09/2036	Laird Superfood, Inc.	100,000	$0	100,000	D
Option (right to buy)	$9	07/09/2026		A		50,000		(1)	07/09/2036	Laird Superfood, Inc. Common Stock	50,000	$0	50,000	D

Explanation of Responses:

1. This stock option vests as to 25% of the shares on April 21, 2027, and each of the first three anniversaries thereafter.

	/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)