Lifeway director gets 1,550 shares via RSUs
LWAY director Dorri McWhorter converted 1,550 RSUs into common stock and now directly holds 28,842 shares, while retaining multiple unvested RSU awards.
Rhea-AI Filing Summary
Lifeway Foods, Inc. (LWAY) director Dorri McWhorter exercised 1,550 Restricted Stock Units into 1,550 shares of Common Stock on August 31, 2026 at $0.00 per share, bringing her directly held common shares to 28,842. She continues to hold several RSU awards that each represent a contingent right to receive one share of common stock, vesting in 2026 and 2027, contingent on continued service as a director; no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,550 shares exercised/converted
Exercise
5 txns
Insider
McWhorter Dorri
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1 | 1,550 | -- | -- |
| Exercise | Common Stock, no par value | 1,550 | $0.00 | $0.00 |
| holding | Restricted Stock Units F1, F2 | -- | -- | -- |
| holding | Restricted Stock Units F1, F3 | -- | -- | -- |
| holding | Restricted Stock Units F1, F4 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,904 contracts (Direct);
Common Stock, no par value — 28,842 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
- F2. The RSUs vest on December 30, 2026 contingent on the Reporting Person's continued service as a Director on such vesting date.
- F3. The RSUs vest on July 1, 2027, contingent on the Reporting Person's continued service as a Director on such vesting date.
- F4. The RSUs vest on July 1, 2027 contingent on the Reporting Person's continued service as a Director on such vesting date.
Key Figures
RSUs exercised: 1,550 units
Common shares acquired: 1,550 shares
Price per share: $0.00 per share
+4 more
7 metrics
RSUs exercised
1,550 units
Restricted Stock Units converted into common stock on August 31, 2026
Common shares acquired
1,550 shares
Shares of Common Stock received from RSU conversion on August 31, 2026
Price per share
$0.00 per share
Reported for the 1,550 common shares issued upon RSU conversion
Shares owned after transaction
28,842 shares
Directly held Lifeway Foods, Inc. common stock following August 31, 2026 transaction
Unvested RSUs vesting December 30, 2026
2,512 underlying shares
RSU award contingent on continued service as a director through December 30, 2026
Unvested RSUs vesting July 1, 2027 (tranche 1)
1,354 underlying shares
RSUs vest on July 1, 2027, contingent on continued service as a director
Unvested RSUs vesting July 1, 2027 (tranche 2)
2,038 underlying shares
Additional RSUs vest on July 1, 2027, contingent on continued service as a director
Key Terms
Restricted Stock Units, contingent right, vesting date
3 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of common stock"
vesting date financial
"The RSUs vest on December 30, 2026 contingent on the Reporting Person's continued service"
FAQ
What insider transaction did LWAY director Dorri McWhorter report on August 31, 2026?
Dorri McWhorter reported exercising 1,550 Restricted Stock Units into 1,550 shares of Lifeway Foods, Inc. common stock on August 31, 2026 at a stated price of $0.00 per share, reflecting the settlement of RSUs rather than an open-market purchase.
Were the RSUs in the LWAY Form 4 settled at a cash cost to Dorri McWhorter?
The RSU conversion in the Form 4 shows 1,550 common shares acquired at a reported price of $0.00 per share, indicating these shares were issued upon vesting or settlement of equity awards rather than purchased for cash in the market.
Does the LWAY Form 4 indicate trades under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the August 31, 2026 transactions were made pursuant to a Rule 10b5-1 trading plan or any other pre-arranged trading arrangement.
What ongoing RSU awards for LWAY common stock does Dorri McWhorter retain?
Dorri McWhorter retains multiple Restricted Stock Unit awards linked to Lifeway common stock, including tranches with underlying 2,512 shares vesting on December 30, 2026 and tranches with 1,354 and 2,038 underlying shares vesting on July 1, 2027, each contingent on continued board service.
What does each RSU in the LWAY Form 4 represent for Dorri McWhorter?
Each Restricted Stock Unit (RSU) reported represents a contingent right to receive one share of Lifeway Foods, Inc. common stock, according to the footnotes. Delivery of those shares depends on the vesting conditions being satisfied.
AI-generated analysis. How Rhea-AI works. Not financial advice.
