Zolezzi William 4
Research Summary
AI-generated summary
Lifeway Foods (LWAY) 10% Owner William Zolezzi Buys Shares
What Happened
- William Zolezzi, reported as a 10% owner (indirectly via a private fund he manages), acquired a total of 165,045 Lifeway Foods (LWAY) shares in open‑market purchases on May 14–15, 2026. The transactions: 95,371 shares at a weighted average $25.24 ($2,406,830); 1,500 shares at $22.98 ($34,469); 35,000 shares at $26.33 ($921,379); and 33,174 shares at a weighted average $25.27 ($838,290). Total consideration across the trades ≈ $4,200,968. These were purchases (typically viewed as more informative than sales), but no motive is stated.
Key Details
- Transaction dates: May 14–15, 2026; Form 4 filed May 19, 2026 (Period of Report: May 14, 2026).
- Prices and ranges: weighted averages reported—$25.24 (range 25.1592–25.4584) for the 95,371‑share lot; $25.27 (range 25.1845–25.3121) for the 33,174‑share lot; other lots at $22.98 and $26.33.
- Shares acquired: 165,045 total; total value ≈ $4.20M.
- Shares owned after transaction: not specified in this Form 4.
- Footnotes of note:
- Trades were previously reported by Divisadero Street Capital Management, LP and Divisadero Street Partners, L.P. on May 18, 2026; this Form 4 is filed because the reporting persons subsequently received CIK codes.
- The reported securities are owned directly by the Fund (a private investment fund managed by the Adviser) and may be indirectly beneficially owned by the Adviser and by Mr. Zolezzi in his capacity as manager. Each Reporting Person disclaims beneficial ownership except to the extent of pecuniary interest.
- Filing timeliness: the adviser filed the trades on May 18 (within the usual two business days); this Form 4 is a related filing prompted by CIK assignment, not a corrective late disclosure.
Context
- These purchases were made by a fund managed by the adviser (institutional purchases), not an immediate personal transfer, and are reported as open‑market buys (code P). For retail investors, fund/institutional insider buys can signal increased interest but do not disclose the manager’s specific intent.