SUJA 10% Owner Paine Schwartz Buys 567,900 Shares

What Happened
Paine Schwartz Food Chain Fund V GP, Ltd. (reported as a 10% owner) acquired a total of 567,900 shares of Suja Life, Inc. (SUJA) across three open-market/private purchases between Aug 18–20, 2026. The purchases were: 189,300 shares on 2026-08-18 at a weighted avg $6.73 ($1,273,989) (F1); 189,300 shares on 2026-08-19 at a weighted avg $7.11 ($1,345,923) (F2); and 189,300 shares on 2026-08-20 at a weighted avg $7.63 (~$1,444,359) (F3). These transactions are purchases (code P).

Key Details

• Transaction dates and amounts:
  • 2026-08-18: 189,300 shares @ $6.73 (weighted avg); total ~$1.274M. (Footnote F1: prices in that block ranged $6.48–$6.92.)
  • 2026-08-19: 189,300 shares @ $7.11 (weighted avg); total ~$1.346M. (F2: range $6.61–$7.43.)
  • 2026-08-20: 189,300 shares @ $7.63 (weighted avg); total ~$1.444M. (F3: range $7.45–$7.80.)
• Aggregate bought: 567,900 shares for ~$4.06 million.
• Shares owned after transaction: not disclosed in the provided extract.
• Filing: Form 4 filed on 2026-08-20, covering transactions Aug 18–20; this appears to be a timely Form 4 filing (Form 4 is generally due within two business days of transactions).
• Notable footnotes:
  • Purchases were made by PSP Suja Life Aggregator, L.P. (and related PSP funds) across multiple trades; the reporting person may be deemed the beneficial owner of shares held by the PSP Funds but disclaims beneficial ownership except to the extent of pecuniary interest (F4–F6).
  • The reporting person agrees to provide details of the number of shares bought at each individual price within the ranges on request (F4).

Context
These transactions were made by a 10% institutional owner and related fund vehicles (not an individual executive). Institutional purchases can signal increased stake-building but do not reveal management intent. The filing shows multiple aggregated open-market/private purchases reported at weighted-average prices; further breakdown by individual trade price is available from the filer upon request.