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Ira Goldfarb converts Sow Good (SOWG) note into 827,095 common shares

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sow Good Inc. director and 10% owner Ira Goldfarb reported converting a Senior Convertible Promissory Note into 827,095 shares of common stock at $0.35 per share on February 12, 2026. This was recorded as a conversion of a derivative security and an acquisition of common stock held directly.

Following the conversion, Goldfarb directly held 1,975,451 shares of common stock and 3,521,114 notional shares tied to the senior convertible note. Additional common shares are held indirectly through several trusts where he is trustee, including irrevocable and 2021 trusts, as well as through IG Union Bower, LLC with 25,000 shares and S-FDF, LLC with 1,620,973 shares, over which he and his spouse share control and pecuniary interest.

Positive

  • None.

Negative

  • None.
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*
Goldfarb Ira

(Last) (First) (Middle)
1918 N. OLIVE STREET

(Street)
DALLAS TX 75201

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Sow Good Inc. [ SOWG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/12/2026 C 827,095 A $0.35 1,975,451(4) D
Common Stock 557,646 I By Trust(1)
Common Stock 682,646 I By Trust(1)
Common Stock 807,646 I By Trust(1)
Common Stock 870,146 I By Trust(1)
Common Stock 1,057,646 I By Trust(1)
Common Stock 25,000 I By IG Union Bower, LLC(2)
Common Stock 1,620,973 I By S-FDF, LLC(3)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Senior Convertible Promissory Note $0.35 02/12/2026 C 827,095 04/28/2025(5) 04/30/2025 Common Stock 3,521,114 $0.35 3,521,114(6) D
Explanation of Responses:
1. Shares held by the Ira Goldfarb Irrevocable Trust for which Mr. Goldfarb is a trustee and holds a pecuniary interest, and shares held by Ira Goldfarb 2021 Declaration of Trust f/b/o Brett Steven Goldfarb, Ira Goldfarb 2021 Declaration of Trust f/b/o Alexandria Lexie Gutierrez and Ira Goldfarb 2021 Declaration of Trust f/b/o Ava Lauren Gutierrez, for which Mr. Goldfarb is a trustee.
2. Shares held by IG Union Bower, LLC of which Mr. Ira Goldfarb is the sole member.
3. Shares held by S-FDF, LLC over which Mr. Goldfarb and his spouse Claudia Goldfarb (who is also a director, officer and indirect 10% beneficial owner, by virtue of S-FDF's holdings, of the issuer) share control and pecuniary interest.
4. Mr. Goldfarb owns 556,072 shares held as joint tenants with right of survivorship with Mr. Goldfarb's spouse, Claudia Goldfarb, who is also a reporting person, and over which they share control and pecuniary interest.
5. The Senior Convertible Promissory Notes are convertible at the election of the holders at any time, in whole or in part, into shares of common stock based on a price per share equal to the average closing price of such common stock for the five trading days immediately prior to the execution of and entry into the New Notes.
6. Mr. Goldfarb owns 292,425 shares underlying the senior convertible promissory note as joint tenants with right of survivorship with Mr. Goldfarb's spouse, Claudia Goldfarb, who is also a reporting person, and over which they share control and pecuniary interest.
/s/ Ira Goldfarb 02/18/2026
** 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.

FAQ

What did Sow Good (SOWG) director Ira Goldfarb report in this Form 4?

Ira Goldfarb reported converting a Senior Convertible Promissory Note into 827,095 shares of Sow Good common stock at $0.35 per share. The transaction is classified as a derivative security conversion and increases his directly held common stock position.

How many Sow Good (SOWG) shares did Ira Goldfarb acquire through the note conversion?

Goldfarb acquired 827,095 shares of Sow Good common stock via conversion of a Senior Convertible Promissory Note. The conversion price was $0.35 per share, reflecting a non‑cash change from a debt-like instrument into equity.

What are Ira Goldfarb’s direct Sow Good (SOWG) common stock holdings after the transaction?

After the reported conversion, Goldfarb directly holds 1,975,451 shares of Sow Good common stock. This figure reflects only his direct ownership and excludes additional shares held indirectly through various trusts and limited liability companies.

Which entities hold Sow Good (SOWG) shares indirectly for Ira Goldfarb?

Indirect holdings are reported in several trusts where Goldfarb is trustee, IG Union Bower, LLC with 25,000 shares, and S-FDF, LLC with 1,620,973 shares. He and his spouse share control and pecuniary interest over the S-FDF, LLC position.

How is the Senior Convertible Promissory Note for Sow Good (SOWG) structured?

The Senior Convertible Promissory Notes are convertible at the holders’ election into Sow Good common stock. The conversion price equals the average closing price for the five trading days immediately before execution and entry into the new notes.

Does Ira Goldfarb hold Sow Good (SOWG) shares jointly with his spouse?

Yes. A footnote states Goldfarb owns 556,072 Sow Good shares as joint tenants with right of survivorship with his spouse, Claudia Goldfarb. They share control and pecuniary interest over these jointly held shares.
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