Jason Scott Scher - Jun 26, 2025 Form 4 Insider Report for Lifeway Foods, Inc. (LWAY)

Role
Director
Signature
/s/ Eric Hanson, as attorney-in-fact
Stock symbol
LWAY
Transactions as of
Jun 26, 2025
Transactions value $
-$595,316
Form type
4
Date filed
6/30/2025, 02:26 PM
Previous filing
Apr 2, 2025
Next filing
Jul 1, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SCHER JASON SCOTT Director C/O LIFEWAY FOODS, INC., 6431 OAKTON STREET, MORTON GROVE /s/ Eric Hanson, as attorney-in-fact 2025-06-30 0001554866

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWAY Common Stock, no par value Sale -$199K -8.2K -33.38% $24.22 16.4K Jun 26, 2025 Direct
transaction LWAY Common Stock, no par value Sale -$397K -16.4K -99.99% $24.24 1 Jun 27, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LWAY Restricted Stock Units 1.6K Jun 26, 2025 Common Stock 1.6K Direct F1
holding LWAY Restricted Stock Units 3.1K Jun 26, 2025 Common Stock 3.1K Direct F2
holding LWAY Restricted Stock Units 4.07K Jun 26, 2025 Common Stock 4.07K Direct F3
holding LWAY Phantom Stock 72.1K Jun 26, 2025 Common Stock 72.1K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") has a value equal to one share of common stock. The remaining RSUs will vest on August 31, 2025, contingent on the Reporting Person's continued service as a Director on the vesting date.
F2 Each RSU has a value equal to one share of common stock. Of such RSUs, 1,551 will vest on August 31, 2025 and 1,550 will vest on August 31, 2026, contingent on the Reporting Person's continued service as a Director on each applicable vesting date.
F3 Each RSU has a value equal to one share of common stock. Of such RSUs, 1,356 will vest on each of July 1, 2025 and 2026 and 1,354 will vest on July 1, 2027, contingent on the Reporting Person's continued service as a Director on each applicable vesting date.
F4 Each share of phantom stock represents a right to receive one share of common stock. The phantom stock becomes payable on the date that the Reporting Person no longer serves as a director of the Company.