Once Upon a Farm (OFRM) CFO reports IPO RSUs, options and SAR cash-out
Rhea-AI Filing Summary
Once Upon a Farm, PBC officer Lawrence Steven Waldman reported IPO-related equity compensation changes. He received 22,570 shares of common stock as a grant in connection with the company’s initial public offering, subject to multi-year vesting tied to continued service.
He also disposed of 93,500 stock appreciation rights back to the issuer, which were fully vested and settled in cash based on the IPO price versus the SAR exercise price. In addition, he was granted 31,944 employee stock options with an $18 exercise price that vest over four years from the IPO pricing date.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Appreciation Rights | 93,500 | $0.00 | -- |
| Grant/Award | Common Stock | 22,570 | $0.00 | -- |
| Grant/Award | Employee Stock Options (right to buy) | 31,944 | $0.00 | -- |
Footnotes (1)
- In connection with the closing of the initial public offering of Once Upon a Farm, PBC (the "Issuer"), the reporting person was granted restricted stock units ("RSUs"), which vest 25% on the first anniversary of the closing of the initial public offering and the remaining 75% annually thereafter in three equal installments, in each case, subject to the reporting person's continued service with the Issuer through such dates. In connection with the closing of the Issuer's initial public offering, each stock appreciation right ("SAR") held by the reporting person fully vested and was settled in cash in an amount equal to the product of (i) (A) the initial public offering price less (B) its exercise price, multiplied by (ii) the number of shares of common stock underlying the SAR. In connection with the pricing of the Issuer's initial public offering, the reporting person was granted stock options, which will vest 25% on the first anniversary of the pricing date of the initial public offering and the remaining 75% annually thereafter in three equal installments, in each case, subject to the reporting person's continued service with the Issuer through such dates.
FAQ
Who is the insider in the OFRM Form 4 and what is their role?
The Form 4 lists Lawrence Steven Waldman as the reporting person. He is an officer of Once Upon a Farm, PBC (OFRM), serving as President and Chief Financial Officer, and reported IPO-related equity compensation transactions in this filing.
What common stock grant did OFRM officer Lawrence Waldman report?
Lawrence Waldman reported acquiring 22,570 shares of common stock as a grant on February 9, 2026. The grant is tied to Once Upon a Farm’s initial public offering and vests over four years, contingent on his continued service with the company.
How were Lawrence Waldman’s stock appreciation rights treated at the OFRM IPO?
In connection with Once Upon a Farm’s initial public offering, 93,500 stock appreciation rights held by Lawrence Waldman fully vested and were disposed of to the issuer. They were settled in cash based on the IPO price minus each SAR’s exercise price.
What stock options did OFRM grant to Lawrence Waldman in this Form 4?
Lawrence Waldman was granted 31,944 employee stock options on February 5, 2026, with an exercise price of $18 per share. These options vest 25% after one year from IPO pricing, then 75% in three equal annual installments.
How do Lawrence Waldman’s OFRM RSUs and options vest over time?
Both the RSUs and stock options reported in the filing vest 25% on the first anniversary of the IPO closing or pricing date, with the remaining 75% vesting annually in three equal installments, subject to Waldman’s continued service with Once Upon a Farm.