Once Upon a Farm (OFRM) CEO reports IPO-related stock, option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Once Upon a Farm, PBC reported insider equity changes involving Chief Executive Officer, Co-Founder and Chair John M. Foraker around the company’s initial public offering. On February 9, 2026, preferred shares held through the John & Beth Foraker Revocable Trust were disposed of and automatically converted into common stock for no additional consideration at the IPO closing, and the trust came to hold 1,359,846 shares of common stock. On the same date, Foraker was granted 69,445 restricted stock units directly, which vest 25% on the first anniversary of the IPO closing and 75% in three annual installments, subject to continued service. Separately, on February 5, 2026, he received 98,288 employee stock options with an exercise price of $18 per share, vesting on a similar 4‑year schedule. Additional indirect common share holdings are reported in irrevocable trusts for Mary Kate, Patrick, Jack and Caroline Foraker, each listing 72,463 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
13 transactions reported
Mixed
13 txns
Insider
Foraker John M.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Series A-1 Preferred Stock | 59,092 | $0.00 | -- |
| Disposition | Series A-2 Preferred Stock | 133,294 | $0.00 | -- |
| Disposition | Series B-1 Preferred Stock | 96,118 | $0.00 | -- |
| Disposition | Series B-2 Preferred Stock | 103,037 | $0.00 | -- |
| Disposition | Series C-1 Preferred Stock | 57,372 | $0.00 | -- |
| Disposition | Series D Preferred Stock | 24,179 | $0.00 | -- |
| Grant/Award | Common Stock | 473,092 | $0.00 | -- |
| Grant/Award | Common Stock | 69,445 | $0.00 | -- |
| Grant/Award | Employee Stock Options (right to buy) | 98,288 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Series A-1 Preferred Stock — 0 shares (Indirect, By the John & Beth Foraker Revocable Trust);
Series A-2 Preferred Stock — 0 shares (Indirect, By the John & Beth Foraker Revocable Trust);
Series B-1 Preferred Stock — 0 shares (Indirect, By the John & Beth Foraker Revocable Trust);
Series B-2 Preferred Stock — 0 shares (Indirect, By the John & Beth Foraker Revocable Trust);
Series C-1 Preferred Stock — 0 shares (Indirect, By the John & Beth Foraker Revocable Trust);
Series D Preferred Stock — 0 shares (Indirect, By the John & Beth Foraker Revocable Trust);
Common Stock — 1,359,846 shares (Indirect, By the John & Beth Foraker Revocable Trust);
Common Stock — 669,933 shares (Direct);
Employee Stock Options (right to buy) — 98,288 shares (Direct)
Footnotes (1)
- 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. In connection with the closing of the Issuer's initial public offering, the reporting person was granted restricted stock units 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 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
What insider transactions did OFRM CEO John M. Foraker report on this Form 4?
John M. Foraker reported multiple equity changes tied to Once Upon a Farm’s IPO. Preferred shares in a revocable trust automatically converted into common stock, he received 69,445 restricted stock units, and he was granted 98,288 stock options exercisable at $18 per share.
How did Once Upon a Farm (OFRM) preferred stock held by the Foraker trust change at the IPO?
Preferred shares held via the John & Beth Foraker Revocable Trust automatically converted into common stock. On February 9, 2026, several series of preferred stock were disposed of for no additional consideration and became common shares at the closing of Once Upon a Farm’s initial public offering.
What are the vesting terms of John Foraker’s restricted stock units at OFRM?
The restricted stock units granted to John Foraker vest over four years. 25% of the units vest on the first anniversary of the IPO closing, and the remaining 75% vest annually in three equal installments, all conditioned on his continued service with Once Upon a Farm.
What are the key terms of the OFRM stock options granted to John Foraker?
John Foraker was granted 98,288 employee stock options at an exercise price of $18. These options vest 25% on the first anniversary of the IPO pricing date and 75% in three equal annual installments, subject to his continued service with the company.