Welcome to our dedicated page for Zevia Pbc SEC filings (Ticker: ZVIA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Zevia PBC filings document the public-company disclosures of a Delaware public benefit corporation focused on zero-sugar, clean-label beverages. Form 8-K reports furnish quarterly and annual earnings releases, Regulation FD investor presentations, board appointments and committee assignments, and material agreements tied to the company’s capital structure.
Proxy materials describe annual meeting matters such as director elections, auditor ratification, board structure, committee oversight and stockholder voting procedures. Other filings address the company’s Class A common stock, its wholly owned subsidiary Zevia LLC, and equity distribution arrangements used for at-the-market offering capacity.
Zevia PBC reported a proposed sale of 41,662 shares of Common Stock following the vesting of a restricted stock unit award on 03/11/2026, submitted on a Form 144 with Merrill Lynch listed as the broker.
The filing shows shares outstanding were 67,486,641 as of 03/25/2026. The Form 144 is a notice of an intended sale and does not by itself confirm execution.
Ginestro Suzanne Saltzman reported acquisition or exercise transactions in this Form 4 filing.
Zevia PBC director Suzanne Saltzman Ginestro received an equity award of 29,505 restricted stock units (RSUs) of Class A Common Stock. The grant was made at no cash cost to her and reflects stock-based compensation.
The 29,505 RSUs vest on the earlier of March 3, 2027 or Zevia’s 2026 annual meeting of stockholders, and are settled in shares within 30 days after vesting. Following this award, she holds 29,505 RSUs representing the right to receive an equal number of Class A shares if and when they vest.
Zevia PBC director Padraic L. Spence sold 40,000 shares of Class A Common Stock in an open-market transaction on March 3, 2026 at a weighted average price of $1.4379 per share. After this sale, he directly holds 1,555,417 shares, including 71,827 restricted stock units that will vest over time under previously established schedules.
Zevia PBC reports a proposed sale of 40,000 shares of Common Stock via Merrill Lynch, scheduled on 03/03/2026.
The filing notes those shares relate to a restricted stock unit award that vested on 01/17/2025.
Zevia PBC describes its business and risks as a zero‑sugar, naturally sweetened beverage company focused on soda, energy drinks and tea. Soda is its flagship line and represented approximately 95% of 2025 net sales, with products sold in more than 39,000 retail locations across the U.S. and Canada.
The company highlights its public benefit and Certified B Corporation status, emphasizing reduced sugar intake and avoidance of plastic bottles through exclusive use of aluminum cans. It estimates consumers have avoided over 103,000 metric tons of sugar and more than one billion plastic bottles since 2011.
Zevia remains loss‑making, reporting net losses of $11.1 million in 2025 and $23.8 million in 2024, and had an aggregate non‑affiliate equity market value of about $163.2 million as of June 30, 2025. As of February 20, 2026, there were 67,486,641 Class A and 7,614,823 Class B shares outstanding. Key risks include intense competition from large beverage companies and emerging brands, reliance on third‑party manufacturers and a limited supplier base for stevia and cans, exposure to tariffs on steel and aluminum, shifting consumer preferences, regulatory burdens, and climate and supply‑chain disruptions.
Zevia PBC reported fourth-quarter and full-year 2025 results showing modest growth and much smaller losses. Full-year net sales rose 4.0% to $161.3 million, while gross margin improved to 48.0% from 46.4%. Net loss narrowed to $11.2 million from $23.8 million, and Adjusted EBITDA loss improved to $4.7 million from $15.2 million.
In the fourth quarter, net sales declined 4.0% to $37.9 million, mainly from lower volumes after prior distribution expansion and reduced promotions. Quarterly net loss shrank to $1.3 million, and Adjusted EBITDA turned slightly positive at about $0.05 million.
Zevia ended 2025 with $25.4 million in cash, no debt, and an unused $20 million credit line. For 2026, it expects net sales of $169–$173 million and Adjusted EBITDA between a $1.0 million loss and a $0.5 million gain. The company also named Lead Independent Director Andrew Ruben as Chair of the board.
Tallwoods Investments, LLC and Gabriel S. Plotkin report beneficial ownership of 697,935 shares of Zevia PBC Class A common stock, representing 1.0% of the class. The shares are held through Tallwoods, a Delaware LLC, with Plotkin as its Managing Member.
The 1.0% figure is based on 67,389,166 Class A shares outstanding as of October 31, 2025, as reported in Zevia’s Form 10-Q for the quarter ended September 30, 2025. The filers certify the securities were not acquired and are not held to change or influence control of Zevia, and are not part of a control-related transaction.
Divisadero Street Capital Management, LP and related entities report a 4.8% passive stake in Zevia PBC’s Class A common stock. As of December 31, 2025, they beneficially own 3,213,961 shares with shared voting and dispositive power and no sole authority.
All shares are held for advisory clients of Divisadero Street Capital Management, LP, and no individual client is deemed to own more than 5% of the class. The filers certify the position is not held to change or influence control of Zevia.
Topline Capital Management, LLC and related reporting persons disclosed beneficial ownership of 5,951,196 shares of Zevia PBC Class A common stock, representing 8.8% of the class. The shares are held by Topline Capital Partners, LP, with Topline Capital Management having sole voting and dispositive power over this position.
Individual manager Collin McBirney is deemed to share voting and dispositive power over the same shares but reports no sole authority. The filers state the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of Zevia PBC.
CDP Investissements Inc. and Caisse de depot et placement du Quebec filed Amendment No. 3 to their Schedule 13D on Zevia PBC, reporting beneficial ownership of 13,550,428 shares of Class A Common Stock, representing 20.1% of the class.
They report shared voting and dispositive power over all 13,550,428 shares and no sole power. The ownership percentage is based on 67,389,166 Zevia Class A shares outstanding as of October 31, 2025, as disclosed in Zevia’s Form 10-Q for the quarter ended September 30, 2025.
The amendment updates identity and background information for controlling persons and restates their interest in Zevia’s securities. It also notes that transactions in the last 60 days are listed in Annex B and, other than those, no additional trades were made during that period.