Laird Superfood (LSF) CFO Anna Hamill Exercises Options for 17,900 Shares

What Happened

• Anna Hamill, Chief Financial Officer of Laird Superfood (LSF), exercised stock options on July 30, 2026. The filing shows acquisition of 17,900 shares at an exercise price of $1.53 per share, for a total cash outlay of $27,387.
• The report also lists a corresponding disposition of a derivative instrument for 17,900 shares (code M), which reflects conversion/settlement of the option rather than an open‑market sale of the underlying shares.

Key Details

• Transaction date: 2026-07-30; Filing date: 2026-08-05 (appears reported several days after the transaction).
• Price/exercise: $1.53 per share; Shares acquired: 17,900; Total paid: $27,387.
• Transaction code: M (option exercise/conversion).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote F1: The option award vests 25% on each of the first four anniversaries of November 4, 2022.
• No indication in this filing that the shares were immediately sold (no sale reported).

Context

• This was an option exercise (insider paid the strike price to receive common shares). Because there's no sale recorded in this filing, it does not show a cashless exercise/rehypothecation or immediate disposition of the stock.
• Filing timing: the report was filed several days after the trade date; late filings can occur but may carry regulatory attention.