Judd Andrew 4

What Happened

• Judd Andrew, Chief Marketing Officer of Laird Superfood, received three derivative awards on July 9, 2026: 450,000 shares, 100,000 shares, and 50,000 shares — totaling 600,000 shares. Each award is reported at $0.00 (derivative/award classification), meaning these are grants (stock options or similar) rather than open-market purchases. This is an award/compensation event, not a sale.

Key Details

• Transaction date: July 9, 2026; Form 4 filed July 13, 2026 (appears filed within the normal 2-business-day window).
• Reported price/value: $0.00 for each award (derivative grant).
• Amounts: 450,000 / 100,000 / 50,000 shares (total 600,000).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: At least one of the stock options vests 25% on April 21, 2027 and then 25% on each of the first three anniversaries thereafter (a four-year vesting schedule).
• Transaction code: A = Award/Grant.

Context

• These are compensation awards (derivative grants) and typically vest over time; they do not represent immediately tradable shares until vested and, if options, exercised. Such grants are common for executive retention and incentives and should not be interpreted as a direct buy or sell signal by themselves.