LIFECORE BIOMEDICAL, INC. \DE\·4

Mar 2, 6:52 PM ET

Salus Thomas D. 4

4 · LIFECORE BIOMEDICAL, INC. \DE\ · Filed Mar 2, 2026

Research Summary

AI-generated summary of this filing

Updated

Lifecore (LFCR) Chief Legal Thomas D. Salus Receives Award

What Happened

  • Thomas D. Salus, Chief Legal & Administration of Lifecore Biomedical, Inc. (LFCR), received a grant of 30,000 restricted stock units (RSUs) on 2026-03-02 (Transaction code A). The filing shows no per-share price (N/A) because this is an equity award rather than an open-market trade.

Key Details

  • Transaction date: 2026-03-02 (Form 4 filed same day).
  • Grant: 30,000 RSUs; price reported as N/A (award/grant).
  • Conversion: RSUs convert to common stock on a 1-for-1 basis (Footnote F1).
  • Vesting: RSUs vest on the 3rd anniversary of the grant date (Footnote F2).
  • Shares owned after transaction: not disclosed in the filing.
  • Filing timeliness: filed on the same date as the transaction (no late filing indicated).

Context

  • RSUs are a compensation award, not an open-market purchase or sale; they typically vest over time and do not represent immediate buying or selling pressure. Because these RSUs vest three years from the grant date and convert 1:1 to common shares, any market impact would depend on future vesting and the insider’s actions at that time.

Insider Transaction Report

Form 4
Period: 2026-03-02
Salus Thomas D.
Chief Legal & Administration
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-03-02+30,000270,978 total
Footnotes (2)
  • [F1]The restricted stock units convert into common stock of Lifecore Biomedical, Inc. on a 1 for 1 basis.
  • [F2]Restricted Stock Units will vest on the 3rd anniversary of the grant date.
Signature
/s/ Aaron S. Perlitsh, Attorney-In-Fact for Thomas D Salus|2026-03-02

Documents

1 file
  • 4
    wk-form4_1772495559.xmlPrimary

    FORM 4