Foraker John M. 4

What Happened

• John M. Foraker, Chief Executive Officer, Co‑Founder and Chair of Once Upon a Farm (OFRM), received a mix of equity awards and saw preferred shares convert at the company's IPO. The filing shows acquisitions of 473,092 and 69,445 common shares on Feb 9, 2026 (conversion of preferred per footnote) and 98,288 shares granted on Feb 5, 2026 (derivative award) — all reported at $0.00.
• The filing also lists a series of derivative dispositions to the issuer on Feb 9, 2026 (59,092; 133,294; 96,118; 103,037; 57,372; and 24,179 shares) reported at $0.00. The disposition total (473,092 shares) matches one of the converted amounts, indicating shares were surrendered/cancelled to the issuer for no cash consideration.

Key Details

• Transaction dates and prices: grants/conversions on 2026-02-05 and 2026-02-09; all reported at $0.00 (conversion/grant/cancellation rather than cash trades).
• Shares acquired (per filing): 473,092; 69,445; and 98,288 (total reported acquisitions = 640,825).
• Shares disposed to issuer (per filing): 59,092; 133,294; 96,118; 103,037; 57,372; 24,179 (total disposed = 473,092).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: F1 = preferred stock automatically converted into common stock at the IPO closing (Feb 9, 2026). F2 = RSUs granted that vest 25% after one year and the remainder annually over three years, subject to continued service. F3 = stock options granted with a similar 25%/75% multi‑year vesting schedule.
• Timeliness: Form filed 2026-02-09 for transactions dated 2026-02-05 and 02-09; filing falls within the typical two-business‑day Form 4 window and is not indicated as late.

Context

• These entries reflect equity conversions and grants tied to the company's IPO and executive compensation, not open‑market buying or selling for cash. RSUs and options have multi‑year vesting schedules (per F2/F3), so the grants do not represent immediately tradable shares.
• Dispositions to the issuer at $0.00 typically indicate conversion, cancellation, or net settlement related to the IPO or award mechanics rather than a market sale.