Waldman Lawrence Steven 4

What Happened

• Steven Waldman, President and Chief Financial Officer of Once Upon a Farm, PBC (OFRM), reported awards and a derivative disposition tied to the company’s IPO. The filing shows grants totaling 54,514 shares (22,570 on Feb 9, 2026 and 31,944 on Feb 5, 2026) reported as awards at $0.00, and a disposition to the issuer of 93,500 shares (derivative) on Feb 9, 2026. Footnotes indicate his stock appreciation rights (SARs) fully vested in connection with the IPO and were settled in cash (not an open-market sale).

Key Details

• Transaction dates: Feb 5, 2026 (grant of 31,944 shares) and Feb 9, 2026 (grant of 22,570 shares and disposition of 93,500 shares).
• Prices / values reported: grants at $0.00; SAR disposition listed as derivative with N/A price — footnote explains SARs were cash-settled for the difference between IPO price and exercise price (cash payment amount not shown on the excerpt).
• Shares owned after transaction: not disclosed in the excerpted data.
• Footnotes of note:
  • F1: RSUs granted in connection with the IPO; vesting schedule — 25% after one year then remaining 75% in three equal annual installments, subject to continued service.
  • F2: SARs fully vested and were settled in cash per IPO terms (produced the derivative disposition to the issuer).
  • F3: Stock options were granted and will vest under a standard post-IPO schedule (25% after one year, remainder over three years).
• Filing date: Feb 9, 2026; the filing reports transactions dated Feb 5 and Feb 9. The filing itself shows no late-filing notation in the provided excerpt.

Context

• The 93,500-share disposition was a derivative cash settlement of vested SARs (cash paid based on IPO price differential), not an open-market sale of shares. The awards reported (RSUs and option grants) are standard post-IPO equity compensation and include multi-year vesting schedules; such awards do not necessarily reflect immediate buying or selling intent.
• No 10b5-1 trading plan, tax-withholding sale, or outright open-market purchase is indicated in the provided excerpt.