Lifeway CFO exercises RSUs; shares withheld for tax
Lifeway Foods, Inc. CFO Eric A. Hanson reported equity compensation activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Lifeway Foods, Inc. CFO Eric A. Hanson reported equity compensation activity involving restricted stock units and common shares. He exercised 743 restricted stock units into an equal number of common shares at a conversion price of $0.00 per share and received 743 common shares as a grant or award. To satisfy tax withholding obligations, 285 common shares were surrendered to the company at $18.30 per share, and the footnotes clarify that no stock was sold in the market.
After these transactions, Hanson directly holds 57,494 shares of common stock. He also continues to hold several blocks of unvested restricted stock units that each represent one share of common stock, with scheduled vesting dates through 2029, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
743 shares exercised/converted
Exercise
6 txns
Insider
Hanson Eric A
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 743 | $0.00 | $0.00 |
| Grant/Award | Common Stock, no par value | 743 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, no par value | 285 | $18.30 | $5K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 7,808 contracts for 6,323 underlying shares (Direct);
Common Stock, no par value — 57,494 shares (Direct)
Footnotes (5)
- F1. No stock was sold. Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
- F2. Each restricted stock unit has a value equal to one share of common stock. Of the remaining restricted stock units, 743 will vest on March 28, 2027, and 742 will vest on March 28, 2028, contingent on the Reporting Person's continued service on each applicable vesting date.
- F3. Each restricted stock unit has a value equal to one share of common stock. The remaining restricted stock units will vest on June 16, 2026, contingent on the Reporting Person's continued service on the vesting date.
- F4. Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 1,261 will vest on January 10, 2027, contingent on the Reporting Person's continued service on each applicable vesting date.
- F5. Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 891 will vest on March 6, 2027, 891 will vest on March 6, 2028, and 890 will vest on March 6, 2029, contingent on the Reporting Person's continued service on each applicable vesting date.
Key Figures
RSUs exercised: 743 units
Share grant: 743 shares
Tax withholding shares: 285 shares at $18.30
+5 more
8 metrics
RSUs exercised
743 units
Restricted Stock Units converted to common stock on March 28, 2026
Share grant
743 shares
Common Stock award at $0.00 per share on March 28, 2026
Tax withholding shares
285 shares at $18.30
Shares surrendered to issuer for tax obligations; no stock sold
Common shares held
57,494 shares
Direct Lifeway Foods common stock holdings after transactions
RSU block 1
2,390 underlying shares
Restricted Stock Units with exercise price $0.0000, direct ownership
RSU block 2
1,261 underlying shares
Restricted Stock Units with exercise price $0.0000, direct ownership
RSU block 3
2,672 underlying shares
Restricted Stock Units with exercise price $0.0000, direct ownership
Future vesting dates
2026–2029
Remaining RSUs vest June 16, 2026 and on multiple dates through 2029
Key Terms
Restricted Stock Units, tax withholding obligations, grant, award, or other acquisition, Exercise or conversion of derivative security, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit has a value equal to one share of common stock."
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.
tax withholding obligations financial
"Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
vesting date financial
"contingent on the Reporting Person's continued service on each applicable vesting date."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Lifeway Foods (LWAY) CFO Eric Hanson report in this Form 4?
Eric Hanson reported equity compensation activity involving restricted stock units and common shares. He exercised 743 RSUs into common stock, received 743 shares as a grant, and surrendered 285 shares to cover tax obligations, with no open-market stock sales disclosed.
What restricted stock units does the Lifeway Foods (LWAY) CFO still hold and when do they vest?
The CFO continues to hold multiple RSU awards, each equal to one share of common stock. Footnotes state remaining units vest on June 16, 2026, March 28, 2027 and 2028, January 10, 2027, and March 6, 2027, 2028, and 2029, subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
