Hanson Eric A 4

4 · Lifeway Foods, Inc. · Filed Jun 18, 2026

AI-generated summary of this filing

Updated Jun 18, 2026

Lifeway Foods (LWAY) CFO Eric Hanson Receives RSUs; Surrenders 994 Shares

What Happened

Eric A. Hanson, Chief Financial Officer of Lifeway Foods (LWAY), had 2,390 restricted stock units (RSUs) vest on June 16, 2026. Those RSUs were converted into 2,390 common shares (reported as an award/acquisition and conversion of a derivative).
To satisfy withholding taxes, 994 of the newly issued shares were surrendered to the issuer at $24.79 per share, totaling $24,641. No shares were sold on the open market; the surrender was for tax withholding. Net new shares retained by Hanson from this vesting event = 1,396 shares.

Key Details

Transaction date: June 16, 2026; Form 4 filed June 18, 2026 (timely filing).
Award/Conversion: 2,390 RSUs vested and converted into 2,390 shares (code A and M on the Form 4).
Tax withholding: 994 shares were surrendered to cover tax obligations at $24.79/share, total $24,641 (code F). Filing notes these shares were surrendered, not sold.
Shares owned after transaction: not specified in the provided filing excerpt.
Additional RSU vesting schedules disclosed in footnotes:
- 743 RSUs vest on March 28, 2027 and 742 RSUs on March 28, 2028 (footnote F3).
- 1,261 RSUs vest on January 10, 2027 (F4).
- 891 RSUs vest on March 6, 2027; 891 on March 6, 2028; 890 on March 6, 2029 (F5).

Context

This was a routine RSU vesting and net-share settlement for tax withholding (not an open-market sale). The filing includes an "exercise/conversion of derivative" entry because RSUs convert to shares upon vesting; the subsequent surrender of shares to the company covered tax withholding obligations.

Form 4

Period: 2026-06-16

CFO

Transactions

Award
Common Stock, no par value
[F1]
2026-06-16+2,390→ 59,884 total
Tax Payment
Common Stock, no par value
[F2]
2026-06-16$24.79/sh−994$24,641→ 58,890 total
Exercise/Conversion
Restricted Stock Units
[F1]
2026-06-16−2,390→ 0 total
→ Common Stock (2,390 underlying)

Holdings

Footnotes (5)

[F1]Each restricted stock unit has a value equal to one share of common stock. The restricted stock units vested on June 16, 2026.
[F2]No stock was sold. Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
[F3]Each restricted stock unit has a value equal to one share of common stock. Of the remaining restricted stock units, 743 will vest on March 28, 2027, and 742 will vest on March 28, 2028, contingent on the Reporting Person's continued service on each applicable vesting date.
[F4]Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 1,261 will vest on January 10, 2027, contingent on the Reporting Person's continued service on each applicable vesting date.
[F5]Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 891 will vest on March 6, 2027, 891 will vest on March 6, 2028, and 890 will vest on March 6, 2029, contingent on the Reporting Person's continued service on each applicable vesting date.

Signature

/s/ Eric A. Hanson|2026-06-18

1 file