Form 4: Jacobs Jared Noah reports acquisition/exercise transactions in OFRM
Rhea-AI Filing Summary
Jacobs Jared Noah reported acquisition or exercise transactions in a Form 4 filing for OFRM. The filing lists transactions totaling 19,593,052 shares. Following the reported transactions, holdings were 7,411,502 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,799,582 shares
Net Buy
11 txns
Insider
Jacobs Jared Noah
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series A-2 Preferred Stock | 107,749 | $0.00 | $0.00 |
| Conversion | Series B-1 Preferred Stock | 4,804,965 | $0.00 | $0.00 |
| Conversion | Series B-2 Preferred Stock | 914,243 | $0.00 | $0.00 |
| Conversion | Series C-1 Preferred Stock | 874,954 | $0.00 | $0.00 |
| Conversion | Series D Preferred Stock | 817,340 | $0.00 | $0.00 |
| Conversion | Series D Preferred Stock | 2,274,219 | $0.00 | $0.00 |
| Conversion | Common Stock | 7,411,502 | $0.00 | $0.00 |
| Conversion | Common Stock | 107,749 | $0.00 | $0.00 |
| Conversion | Common Stock | 2,274,219 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 6,112 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Series A-2 Preferred Stock — 0 shares (Indirect, By TNG Investors LP);
Series B-1 Preferred Stock — 0 shares (Indirect, By CAVU Venture Partners II L.P.);
Series B-2 Preferred Stock — 0 shares (Indirect, By CAVU Venture Partners II L.P.);
Series C-1 Preferred Stock — 0 shares (Indirect, By CAVU Venture Partners II L.P.);
Series D Preferred Stock — 0 shares (Indirect, By CAVU Venture Partners II L.P.);
Series D Preferred Stock — 0 shares (Indirect, By CAVU Venture Partners III L.P.);
Common Stock — 7,411,502 shares (Indirect, By CAVU Venture Partners II L.P);
Common Stock — 646,478 shares (Indirect, By TNG Investors LP);
Common Stock — 2,274,219 shares (Indirect, By CAVU Venture Partners III L.P.);
Common Stock — 6,112 shares (Direct);
Common Stock — 731,396 shares (Indirect, By CAVU Venture Partners IV L.P.)
Footnotes (5)
- F1. The preferred stock automatically converted, for no additional consideration, into shares of common stock of Once Upon a Farm, PBC (the "Issuer"), as of the closing of the Issuer's initial public offering on February 9, 2026.
- F2. CAVU Venture Partners GP II, LLC ("Fund II GP LLC") is the general partner of CAVU Venture Partners GP II, LP ("Fund II GP"), which is the general partner of CAVU Venture Partners II L.P. CAVU Venture Partners GP III, LLC ("Fund III GP LLC") is the general partner of CAVU Venture Partners GP III, LP ("Fund III GP"), which is the general partner of CAVU Venture Partners III L.P. CAVU Venture Partners GP IV, LLC ("Fund IV GP LLC") is the general partner of CAVU Venture Partners GP IV, LP ("Fund IV GP"), which is the general partner of CAVU Venture Partners IV L.P. and TNG Investors LP. The reporting person is a Partner at CAVU Consumer Partners LLC, which is the investment manager of the foregoing.
- F3. (Continued from footnote 2) The reporting person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the reporting person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- F4. In connection with the closing of the initial public offering of the Issuer, the reporting person was granted restricted stock units, which vest fully on the earlier of the first anniversary of the closing of the initial public offering and the next annual meeting of stockholders, subject to the reporting person's continued service on the Issuer's Board of Directors through such date.
- F5. The reporting person is contractually obligated to remit the proceeds of any sale of shares issued upon vesting of restricted stock units to CAVU Consumer Partners, LLC. The reporting person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the reporting person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
FAQ
What insider transactions did OFRM director Jared Noah Jacobs report?
Jacobs reported automatic conversions of multiple preferred stock series into Once Upon a Farm common shares at the IPO closing, held through CAVU-managed funds. He also reported a grant of 6,112 restricted stock units tied to his service on the company’s board.
What are the terms of Jared Noah Jacobs’ restricted stock units in OFRM?
Jacobs received 6,112 restricted stock units in connection with the IPO. They vest fully on the earlier of the first anniversary of the IPO closing or the next annual stockholder meeting, provided he remains on the board, and sale proceeds must be remitted to CAVU Consumer Partners, LLC.
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