Waldman Lawrence Steven 4
Research Summary
AI-generated summary
Once Upon a Farm CFO Lawrence Waldman Receives Award
What Happened
- Lawrence (Lawrence Steven) Waldman, President and Chief Financial Officer of Once Upon a Farm, PBC (OFRM), was granted 68,027 restricted stock units (RSUs) on 2026-05-05. The award was recorded at $0.00 per share (no cash paid at grant).
- The RSUs vest in full on the second anniversary of the grant date (2028-05-05), subject to the reporting person’s continued service with the company.
Key Details
- Transaction type/code: Award/Grant (A).
- Transaction date: 2026-05-05; Form 4 filed 2026-05-06 (filed promptly the next day).
- Shares granted: 68,027 RSUs; grant price reported as $0.00 (typical for RSU awards).
- Vesting: 100% vesting on the second anniversary (per footnote).
- Shares owned after transaction: Not specified in the provided filing details.
- No indication of a 10b5-1 plan, tax withholding, or sale associated with this grant in the filing.
Context
- RSUs are a form of compensation that convert to shares only after vesting; this grant does not represent an immediate purchase or sale of stock and does not change market float until vested and settled.
- Because vesting is contingent on continued service through the vesting date, this is typically a retention and compensation mechanism rather than an immediate signal of insider buying or selling.