What was the tax withholding share amount and price for the Lifeway Foods (LWAY) CFO?

The CFO surrendered 994 common shares at $24.79 per share to cover tax withholding obligations tied to vested equity. This method settles taxes directly with shares instead of cash and is recorded as a disposition in the Form 4 filing.

Lifeway CFO receives RSU shares, pays taxes in stock

Lifeway Foods, Inc. CFO Eric A. Hanson reported equity compensation activity involving restricted stock units and common shares.

Filing Impact

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Filing Sentiment

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Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

Lifeway Foods, Inc. CFO Eric A. Hanson reported equity compensation activity involving restricted stock units and common shares. On June 16, 2026, 2,390 restricted stock units were exercised into the same number of shares of common stock, recorded as a grant or award at $0.00 per share. Of these shares, 994 common shares valued at $24.79 per share were surrendered to the company to cover tax withholding obligations; the footnotes state that no stock was sold in the market. After these transactions, Hanson directly owned 59,884 shares of common stock. Footnotes also indicate that additional restricted stock units remain outstanding, with tranches of 743 and 742 units scheduled to vest on March 28, 2027 and March 28, 2028, 1,261 units scheduled to vest on January 10, 2027, and 891, 891, and 890 units scheduled to vest on March 6 of 2027, 2028, and 2029, contingent on his continued service.

Insider Trade Summary

2,390 shares exercised/converted

Exercise 6 txns

Insider Hanson Eric A

Role CFO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,390	$0.00	$0.00
Grant/Award	Common Stock, no par value	2,390	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock, no par value	994	$24.79	$25K
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--

Holdings After Transaction: Restricted Stock Units — 4,676 contracts (Direct); Common Stock, no par value — 58,890 shares (Direct)

Footnotes (5)

F1. Each restricted stock unit has a value equal to one share of common stock. The restricted stock units vested on June 16, 2026.
F2. No stock was sold. Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
F3. 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.
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: 2,390 shares Tax withholding shares: 994 shares Tax withholding price: $24.79 per share +4 more

7 metrics

RSUs exercised 2,390 shares Restricted stock units converted to common stock on June 16, 2026

Tax withholding shares 994 shares Shares surrendered for tax obligations at $24.79 per share

Tax withholding price $24.79 per share Value used for 994 surrendered common shares

Shares held after transaction 59,884 shares CFO’s direct common stock holdings after June 16, 2026

RSUs vesting March 28, 2027 743 units Future vesting tranche contingent on continued service

RSUs vesting January 10, 2027 1,261 units Future vesting contingent on continued service

RSUs vesting March 6, 2029 890 units Later vesting tranche contingent on continued service

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""

Payment of exercise price or tax liability by delivering securities financial

"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity transactions did Lifeway Foods (LWAY) CFO report on June 16, 2026?

The CFO reported exercising 2,390 restricted stock units into common shares at $0.00 per share and a related tax-withholding share surrender. These were compensation-related entries, not open-market purchases or sales of Lifeway Foods (LWAY) stock.

Did the Lifeway Foods (LWAY) CFO sell any shares in the open market?

No open-market sale occurred. Footnotes state that 994 shares were surrendered to Lifeway Foods to satisfy tax withholding obligations. This tax payment method reduces the share count but does not represent a market sale of LWAY shares by the CFO.

How many Lifeway Foods (LWAY) shares does the CFO hold after the reported transactions?

After the reported June 16, 2026 transactions, the CFO directly holds 59,884 shares of Lifeway Foods common stock. This figure reflects the new grant and the tax-withholding share surrender recorded in the Form 4 insider filing.

What future restricted stock unit vesting does the Lifeway Foods (LWAY) CFO have scheduled?

Footnotes show multiple future vesting dates for restricted stock units, including 743 and 742 units on March 28, 2027 and 2028, and 1,261 units on January 10, 2027. Additional tranches vest on March 6 of 2027, 2028, and 2029, subject to continued service.

How are the Lifeway Foods (LWAY) CFO’s restricted stock units valued in the filing?

Each restricted stock unit is described as having a value equal to one share of Lifeway Foods common stock. When they vest, one common share is delivered for each unit, aligning the CFO’s equity compensation directly with the company’s share count.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/18/2026 - 04:15 PM EDT

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^*

Hanson Eric A

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, no par value	06/16/2026		A		2,390	A	$0⁽¹⁾	59,884	D
Common Stock, no par value	06/16/2026		F		994⁽²⁾	D	$24.79	58,890	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	06/16/2026		M			2,390	⁽¹⁾	⁽¹⁾	Common Stock	2,390	⁽¹⁾	0	D
Restricted Stock Units	⁽³⁾							⁽³⁾	⁽³⁾	Common Stock	743		1,485	D
Restricted Stock Units	⁽⁴⁾							⁽⁴⁾	⁽⁴⁾	Common Stock	1,261		1,261	D
Restricted Stock Units	⁽⁵⁾							⁽⁵⁾	⁽⁵⁾	Common Stock	2,672		2,672	D

Explanation of Responses:

1. Each restricted stock unit has a value equal to one share of common stock. The restricted stock units vested on June 16, 2026.

2. No stock was sold. Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.

3. 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.

4. 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.

5. 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.

	/s/ Eric A. Hanson	06/18/2026
	** 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)

Source: View Original Filing on SEC EDGAR