STOCK TITAN

Lifeway Foods (LWAY) CEO adds 2,000 shares in open-market buy

(Neutral)
(Positive)
Form Type
4

Rhea-AI Filing Summary

Lifeway Foods, Inc. (LWAY) CEO, President and Secretary Julie Smolyansky reported purchasing 2,000 shares of common stock on August 19, 2026 at $25.26 per share in an open-market or private transaction, bringing her directly held common stock position to 2,214,095 shares. She also reports direct and indirect holdings of restricted stock units (RSUs) tied to common stock, with various tranches scheduled to vest in 2027 and 2028 contingent on continued service by her or her spouse, plus additional common shares held for the benefit of minor children, by her spouse, and through Smolyansky Holding LLC.

Positive

  • None.

Negative

  • None.
Insider SMOLYANSKY JULIE
Role CEO, President and Secretary
Bought 2,000 shs ($51K)
Type Security Shares Price Value
Purchase Common Stock, no par value 2,000 $25.26 $51K
holding Restricted Stock Units F4 -- -- --
holding Restricted Stock Units F5 -- -- --
holding Restricted Stock Units F6, F2 -- -- --
holding Restricted Stock Units F7, F2 -- -- --
holding Common Stock, no par value F1 -- -- --
holding Common Stock, no par value F2 -- -- --
holding Common Stock, no par value F3 -- -- --
Holdings After Transaction: Common Stock, no par value — 2,214,095 shares (Direct); Restricted Stock Units — 9,467 shares (Direct); Restricted Stock Units — 826 shares (Indirect, See footnote); Common Stock, no par value — 527,925 shares (Indirect, See footnote)
Footnotes (7)
  1. F1. Held for the benefit of minor children.
  2. F2. Held by the Reporting Person's spouse.
  3. F3. Held by Smolyansky Holding LLC of which the reporting person is the beneficial owner of 50%. The reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
  4. F4. Each restricted stock unit has a value equal to one share of common stock. The remaining restricted stock units will vest on January 10, 2027, contingent on the Reporting Person's continued service on each applicable vesting date.
  5. F5. Each restricted stock unit has a value equal to one share of common stock. Of the remaining restricted stock units, 3,397 will vest on March 28, 2027 and 3,397 will vest on March 28, 2028, contingent on the Reporting Person's continued service on each applicable vesting date.
  6. F6. Each restricted stock unit has a value equal to one share of common stock. The remaining restricted stock units will vest on January 10, 2027, contingent on the Reporting Person's spouse's continued service on each applicable vesting date.
  7. F7. Each restricted stock unit has a value equal to one share of common stock. Of the remaining restricted stock units, 340 will vest on March 28, 2027 and 339 will vest on March 28, 2028, contingent on the Reporting Person's spouse's continued service on each applicable vesting date.
Shares purchased 2,000 shares Common Stock, no par value, purchased on August 19, 2026
Purchase price $25.26 per share Price for 2,000-share common stock purchase on August 19, 2026
Direct common shares after transaction 2,214,095 shares Total directly held LWAY common stock following the reported purchase
Direct RSUs underlying shares (F4) 6,070 shares Restricted Stock Units convertible into common stock, vesting through January 10, 2027
Direct RSUs underlying shares (F5) 3,397 shares Restricted Stock Units convertible into common stock, vesting March 28, 2027 and March 28, 2028
Indirect RSUs underlying shares (F6) 486 shares RSUs related to spouse, vesting through January 10, 2027
Indirect RSUs underlying shares (F7) 340 shares RSUs related to spouse, vesting March 28, 2027 and March 28, 2028
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.
beneficial owner financial
"of which the reporting person is the beneficial owner of 50%."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interest financial
"disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein."

FAQ

What insider transaction did LWAY CEO Julie Smolyansky report on August 19, 2026?

Julie Smolyansky reported a purchase of 2,000 LWAY common shares on August 19, 2026 at $25.26 per share. This open-market or private transaction increased her directly held common stock position to 2,214,095 shares after the trade.

How many Lifeway Foods (LWAY) shares does Julie Smolyansky hold directly after this Form 4?

After the reported transaction, Julie Smolyansky directly holds 2,214,095 shares of LWAY common stock. This figure reflects the addition of 2,000 shares purchased at $25.26 per share in an open-market or private transaction on August 19, 2026.

What restricted stock unit (RSU) awards tied to LWAY common stock are reported for Julie Smolyansky?

Julie Smolyansky reports RSUs convertible into 6,070 and 3,397 LWAY common shares held directly. According to the footnotes, these RSUs vest on specified dates in January 2027 and March 2027/2028, contingent on her continued service on each applicable vesting date.

Are any of the LWAY holdings on this Form 4 owned indirectly through family or entities?

Yes. Some LWAY common shares and RSUs are held for minor children, by Smolyansky’s spouse, and by Smolyansky Holding LLC. The filing notes she is a 50% beneficial owner of the LLC and disclaims beneficial ownership beyond any pecuniary interest.

Were the reported LWAY share purchases made under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox is not affirmed for these transactions. There is no footnote stating that the 2,000-share LWAY common stock purchase at $25.26 per share was executed under a pre-arranged trading plan.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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 JULIE

(Last)(First)(Middle)
C/O LIFEWAY FOODS, INC.
6431 OAKTON STREET

(Street)
MORTON GROVE ILLINOIS 60053

(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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
CEO, President and Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026
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 value08/19/2026P2,000A$25.262,214,095D
Common Stock, no par value22,216ISee footnote(1)
Common Stock, no par value5,709ISee footnote(2)
Common Stock, no par value500,000ISee footnote(3)
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
Restricted Stock Units(4) (4) (4)Common Stock6,0706,068D
Restricted Stock Units(5) (5) (5)Common Stock3,3976,794D
Restricted Stock Units(6) (6) (6)Common Stock486484ISee footnote(2)
Restricted Stock Units(7) (7) (7)Common Stock340679ISee footnote(2)
Explanation of Responses:
1. Held for the benefit of minor children.
2. Held by the Reporting Person's spouse.
3. Held by Smolyansky Holding LLC of which the reporting person is the beneficial owner of 50%. The reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
4. Each restricted stock unit has a value equal to one share of common stock. The remaining restricted stock units will vest on January 10, 2027, contingent on the Reporting Person's continued service on each applicable vesting date.
5. Each restricted stock unit has a value equal to one share of common stock. Of the remaining restricted stock units, 3,397 will vest on March 28, 2027 and 3,397 will vest on March 28, 2028, contingent on the Reporting Person's continued service on each applicable vesting date.
6. Each restricted stock unit has a value equal to one share of common stock. The remaining restricted stock units will vest on January 10, 2027, contingent on the Reporting Person's spouse's continued service on each applicable vesting date.
7. Each restricted stock unit has a value equal to one share of common stock. Of the remaining restricted stock units, 340 will vest on March 28, 2027 and 339 will vest on March 28, 2028, contingent on the Reporting Person's spouse's continued service on each applicable vesting date.
/s/ Julie Smolyansky08/19/2026
** 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)