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Lifeway Foods (NASDAQ: LWAY) 10% owner sells 47,082 shares near $30

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Lifeway Foods, Inc. 10% owner Edward Smolyansky reported open-market sales totaling 47,082 shares of common stock on July 6–7, 2026 at weighted-average prices of $29.41 and $29.79 per share. After these trades, indirect holdings shown exceed 1,071,709 shares, alongside separate direct and entity-related positions.

Positive

  • None.

Negative

  • None.
Insider SMOLYANSKY EDWARD
Role 10% Owner
Sold 47,082 shs ($1.39M)
Type Security Shares Price Value
Sale Common Stock, no par value 39,098 $29.41 $1.15M
Sale Common Stock, no par value 7,984 $29.79 $238K
holding Common Stock, no par value -- -- --
holding Common Stock, no par value -- -- --
holding Common Stock, no par value -- -- --
Holdings After Transaction: Common Stock, no par value — 1,071,709 shares (Indirect, See footnote); Common Stock, no par value — 902,642 shares (Direct)
Footnotes (1)
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging between $29.75 and $30.74, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) and in footnote (3). The reporting person's Form 4/A dated July 2, 2026 reflected that 50,000 shares were sold by the reporting person. As reflected in this Form 4, such shares were sold by the Edward Smolyansky Trust 2/2/16 (the "Trust"), of which the reporting person is the trustee. Beneficially held by the Trust. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging between $29.30 and $30.29, inclusive. The reporting person disclaims beneficial ownership of the shares owned by his son. Held by Smolyansky Holding LLC. The reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
Shares sold July 7, 2026 39,098 shares Open-market sale of common stock at a weighted-average price
Price per share July 7, 2026 $29.41 per share Weighted-average sale price for 39,098 shares of common stock
Shares sold July 6, 2026 7,984 shares Open-market sale of common stock at a weighted-average price
Price per share July 6, 2026 $29.79 per share Weighted-average sale price for 7,984 shares of common stock
Total shares sold 47,082 shares Net shares sold across reported July 6–7, 2026 transactions
Indirect holdings after July 7 sale 1,071,709 shares Indirect position reported following the 39,098-share sale
Direct common stock holding 902,642 shares Directly held common stock position as of July 6, 2026 entry
Price range footnote (F1/F4) $29.30–$30.74 per share Ranges for multiple trades underlying weighted-average prices
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficially held financial
"Beneficially held by the Trust."
disclaims beneficial ownership financial
"The reporting person disclaims beneficial ownership of the shares owned by his son."
pecuniary interest financial
"disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein."
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FAQ

What insider transaction did LWAY 10% owner Edward Smolyansky report?

Edward Smolyansky reported open-market sales of 47,082 shares of Lifeway Foods common stock on July 6–7, 2026, at weighted-average prices of $29.41 and $29.79 per share.

At what prices were the LWAY shares sold by Edward Smolyansky?

The reported sales used weighted-average prices of $29.41 and $29.79 per share, from multiple trades within ranges of $29.30–$30.74, as described in the footnotes.

How many Lifeway Foods (LWAY) shares did Edward Smolyansky sell in total?

Across the reported transactions, Edward Smolyansky sold 47,082 shares of Lifeway Foods common stock, including 39,098 shares at $29.41 and 7,984 shares at $29.79 per share.

What are Edward Smolyansky’s remaining indirect LWAY holdings after the sales?

After the July 7, 2026 sale, one indirect position reported for entities associated with Edward Smolyansky shows 1,071,709 shares of Lifeway Foods common stock beneficially held.

Did the LWAY filing describe prior misattributed transactions?

A footnote explains that a prior Form 4/A dated July 2, 2026 showed 50,000 shares as sold by the reporting person, but those shares were actually sold by the Edward Smolyansky Trust 2/2/16.
SEC Form 4
FORM 4UNITED 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*
SMOLYANSKY EDWARD

(Last)(First)(Middle)
1219 N WELLS ST

(Street)
CHICAGO ILLINOIS 60610

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Lifeway Foods, Inc. [ LWAY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, no par value07/06/2026S7,984D$29.79(1)1,110,807(3)ISee footnote(4)
Common Stock, no par value07/07/2026S39,098D$29.41(5)1,071,709(3)ISee footnote(4)
Common Stock, no par value902,642(3)D
Common Stock, no par value100,000IBy son(6)
Common Stock, no par value500,000ISee footnote(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging between $29.75 and $30.74, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) and in footnote (3).
2. The reporting person's Form 4/A dated July 2, 2026 reflected that 50,000 shares were sold by the reporting person. As reflected in this Form 4, such shares were sold by the Edward Smolyansky Trust 2/2/16 (the "Trust"), of which the reporting person is the trustee.
3. Beneficially held by the Trust.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging between $29.30 and $30.29, inclusive.
5. The reporting person disclaims beneficial ownership of the shares owned by his son.
6. Held by Smolyansky Holding LLC. The reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
/s/ Edward Smolyansky07/09/2026
** Signature of Reporting PersonDate
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)