|8-KFeb 24, 4:30 PM ET

Once Upon a Farm, PBC 8-K

Research Summary

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Updated

Once Upon a Farm Approves 2025 Executive Incentive Payments

What Happened

  • Once Upon a Farm, PBC (OFRM) filed an 8-K (Feb 24, 2026) reporting that on February 18, 2026 the Compensation Committee approved the 2025 nonequity incentive plan payment amount for Lawrence Waldman, the Company’s President and Chief Financial Officer.
  • The Committee also recommended the Board approve the 2025 nonequity incentive plan payment amount earned by John Foraker, the Company’s Co‑Founder and Chief Executive Officer, and recommended payment of a discretionary bonus to Mr. Foraker.
  • The company notes that other named executive officer compensation was previously disclosed in the prospectus dated February 5, 2026, but the 2025 non‑equity incentive amounts were omitted there because they were not yet determined; they are now calculable as of Feb 18, 2026.

Key Details

  • Date committee action: February 18, 2026; 8-K filed February 24, 2026.
  • Executives involved: Lawrence Waldman (President & CFO) and John Foraker (Co‑Founder & CEO).
  • Action taken: Committee approved Waldman’s 2025 nonequity incentive payment; recommended Board approve Foraker’s 2025 nonequity incentive payment and a discretionary bonus.
  • Previously omitted: 2025 non‑equity incentive amounts were not included in the Feb 5, 2026 prospectus because they were not determined at that time.

Why It Matters

  • This 8-K completes outstanding disclosure about 2025 non‑equity incentive compensation for the company’s top executives, information investors use to evaluate executive pay and total compensation expense.
  • While the filing does not state dollar amounts, investors should expect the company to disclose the specific incentive and bonus amounts in future filings or proxy materials, which could affect reported compensation expense and governance assessments.