Danone ends Lifeway Foods (NASDAQ: LWAY) ownership in 13D/A
Rhea-AI Filing Summary
Lifeway Foods, Inc. received a Schedule 13D/A Amendment No. 12 from Danone S.A. and its subsidiary Danone USA Public Benefit Corporation. On May 19, 2026, Danone USA PBC completed the sale of its Lifeway common stock holdings, so the reporting persons now beneficially own 0 shares, representing 0% of the common stock. This filing is described as the final amendment to their original Schedule 13D. Danone USA PBC retains voting power only for matters with a record date prior to May 19, 2026.
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Key Figures
Amendment number: Amendment No. 12
Beneficial ownership shares: 0.00 shares
Percent of class: 0%
+1 more
4 metrics
Amendment number
Amendment No. 12
Schedule 13D/A for Lifeway Foods common stock
Beneficial ownership shares
0.00 shares
Aggregate amount beneficially owned by each reporting person
Percent of class
0%
Percent of Lifeway common stock class represented by beneficial ownership
Event date
May 19, 2026
Date when reporting persons no longer beneficially owned shares
Key Terms
beneficially own, Schedule 13D, Public Benefit Corporation, Percent of class
4 terms
beneficially own financial
"As of May 19, 2026, the reporting persons no longer beneficially own any shares of Common Stock."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Schedule 13D regulatory
"This is intended to serve as Amendment No. 12 to the Schedule 13D (File No. 005-50073) relating to the common stock."
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Public Benefit Corporation financial
"Danone USA Public Benefit Corporation (formerly known as Danone North America PBC)."
A public benefit corporation is a legal type of company that pledges to pursue a specific public good—such as environmental protection, worker welfare or community development—alongside earning profits for shareholders. Like a restaurant that promises to source local ingredients while still trying to turn a profit, this structure lets managers weigh social goals against financial returns, which can influence strategy, risk profile and investor expectations about how decisions are made.
Percent of class financial
"Percent of class represented by amount in Row (11) 0 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Danone disclose in Lifeway Foods (LWAY) Schedule 13D/A Amendment No. 12?
Danone disclosed it no longer owns Lifeway shares. The amendment states that as of May 19, 2026, Danone S.A. and Danone USA Public Benefit Corporation beneficially own 0 shares of Lifeway common stock, representing 0% of the class.
When did Danone USA Public Benefit Corporation sell its Lifeway Foods (LWAY) holdings?
The sale of Lifeway holdings was completed on May 19, 2026. On that date, Danone USA Public Benefit Corporation finished selling its shares of Lifeway common stock, resulting in no remaining beneficial ownership for the Danone reporting entities.
What is Danone’s current beneficial ownership percentage in Lifeway Foods (LWAY)?
Danone now reports 0% beneficial ownership in Lifeway. The cover information and amended Item 5 state that the reporting persons beneficially own 0.00 shares of common stock, which corresponds to 0% of Lifeway’s outstanding common stock.
Why is this Lifeway Foods (LWAY) Schedule 13D/A labeled a final amendment?
It is final because Danone no longer owns Lifeway stock. The amendment explains that Danone S.A. and Danone USA Public Benefit Corporation have no beneficial ownership of Lifeway common stock and therefore will cease to be reporting persons on Schedule 13D.
Does Danone retain any voting power in Lifeway Foods (LWAY) after the sale?
Danone retains limited voting power tied to prior record dates. The filing notes Danone USA Public Benefit Corporation only keeps voting power for Lifeway common stock on matters where the record date falls before May 19, 2026.