SEC Form 4 · accession 0001683168-26-004968
Lifeway Foods, Inc. · LWAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julie Smolyansky
Officer — CEO, President and Secretary · Director · 10% Owner
Period of report
Jun 16, 2026
Accepted (ET)
Jun 18, 2026 · 4:15 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000814586
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, no par valueF1 | Jun 16, 2026 | M | 12,111 | $0.00 | A | 2,151,429 | D | |
| Common Stock, no par valueF10 | Jun 16, 2026 | M | 108,426 | $0.00 | A | 2,259,855 | D | |
| Common Stock, no par valueF2 | Jun 16, 2026 | F | 53,215 | $24.79 | D | 2,206,640 | D | |
| Common Stock, no par valueF6 | Jun 17, 2026 | M | 6,070 | $0.00 | A | 2,212,710 | D | |
| Common Stock, no par valueF7 | Jun 17, 2026 | M | 3,397 | $0.00 | A | 2,216,107 | D | |
| Common Stock, no par valueF2 | Jun 17, 2026 | F | 4,012 | $25.00 | D | 2,212,095 | D | |
| Common Stock, no par valueF8,F4 | Jun 17, 2026 | M | 486 | $0.00 | A | 5,608 | I | See footnote |
| Common Stock, no par valueF9,F4 | Jun 17, 2026 | M | 340 | $0.00 | A | 5,948 | I | See footnote |
| Common Stock, no par valueF2,F4 | Jun 17, 2026 | F | 239 | $25.00 | D | 5,709 | I | See footnote |
| Common Stock, no par valueF3 | holding | — | — | — | 22,216 | I | See footnote | |
| Common Stock, no par valueF5 | holding | — | — | — | 500,000 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Jun 16, 2026 | M | 12,111 | D | — | — | Common Stock | 12,111 | 0 | D |
| Restricted Stock UnitsF6 | — | Jun 17, 2026 | M | 6,070 | D | — | — | Common Stock | 6,070 | 6,068 | D |
| Restricted Stock UnitsF7 | — | Jun 17, 2026 | M | 3,397 | D | — | — | Common Stock | 3,397 | 6,794 | D |
| Restricted Stock UnitsF8,F4 | — | Jun 17, 2026 | M | 486 | D | — | — | Common Stock | 486 | 484 | I |
| Restricted Stock UnitsF9,F4 | — | Jun 17, 2026 | M | 340 | D | — | — | Common Stock | 340 | 679 | I |
| Performance Share UnitsF10 | — | Jun 16, 2026 | M | 108,426 | D | — | — | Common Stock | 108,426 | 0 | D |
Explanation of responses
- F1Each restricted stock unit has a value equal to one share of common stock. The restricted stock units vested on June 16, 2026.
- F10Each such Performance share unit has a value equal to one share of common stock. The performance share units vested on March 6, 2026. The underlying shares of common stock were delivered on June 16, 2026.
- F2No stock was sold. Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person and her spouse.
- F3Held for the benefit of minor children.
- F4Held by the Reporting Person's spouse.
- F5Held by Smolyansky Holding LLC of which the reporting person is the beneficial owner of 50%. The reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
- F6Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 6,070 vested on January 10, 2026 and the underlying shares of common stock were delivered on June 17, 2026. The remaining 6,068 restricted stock units will vest on January 10, 2027, contingent on the Reporting Person's continued service on each applicable vesting date.
- F7Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 3,397 vested on March 28, 2026 and the underlying shares of common stock were delivered on June 17, 2026. Of the remaining restricted stock units, 3,397 will vest on March 28, 2027 and 3,397 will vest on March 28, 2028, contingent on the Reporting Person's continued service on each applicable vesting date.
- F8Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 486 vested on January 10, 2026 and the underlying shares of common stock were delivered on June 17, 2026. The remaining 484 restricted stock units will vest on January 10, 2027, contingent on the Reporting Person's spouse's continued service on each applicable vesting date.
- F9Each restricted stock unit has a value equal to one share of common stock. Of such restricted stock units, 340 vested on March 28, 2026 and the underlying shares of common stock were delivered on June 17, 2026. Of the remaining restricted stock units, 340 will vest on March 28, 2027 and 339 will vest on March 28, 2028, contingent on the Reporting Person's spouse's continued service on each applicable vesting date.